There is a condition where if we converted pvt ltd co to llp we cant withdraw current capital for 3 years from conversion. I want to know can we withdraw from fixed capitals? and is there any capital gain tax on withdrawal of capitals?

Dear Friends

I have a company registered in the year 1977 and has not filed annual returns and final accounts from 1994 onwards. The status of the company is active as per the MCA. The company was not carrying out any activities from 1994 onwards.

Now I want to carryout the business operations of the company and wants to make everything uptodate. The share capital of the company at the time of incorporation was Rs.2,000/- and it is still standing at that. Please let me know whether I have to file the annual accounts and returns for the entire period of 1994 till this date. Or whether the filing of last some(4 year) years accounts and annual returns will make the company active?. Views and experiences of the members are invited.

Thanks in advance

I have filed the form 17 for my client. I opted SBI Netbanking option twice and both the times due to Error message from MCA portal the form could not get uploaded.Subsequently the form filed using Credit card.

But the payment was debited FROM ACCOUNT EACH THREE TIME AGAINST SINGLE CHARGE ID.The error is due to tchnical- payment gate way problem.But MCA is not ready to refund the fees accepted for single charge ID.any advise in this regard from CA Club members.

This scheme says that for opting the scheme company should have nil assets and nil liabilities. Now here is the case the company wants to wipe of their liabilities and it doesnot have sufficient assets to pay. Now company wants to take loan from directors and then repay liability and afterthat loan from directors will stand.
can company go for easy exit scheme by doing this?
pls replyyy very urgent

Please tell me in case of easy exit scheme if there is loan from directors of company in liabiliti side is standing will it be ok for the scheme? and if creditors are there and they admit that they are waiving the loan then will it do? please suggest with any circulars or notification.

IF A PUB. LTD. HAVE 5 DIRECTORS FROM WHICH 4 DIRECTOR SUBMMITED THEIR RESIGNATION AND THEY DONT WANT TO COME FOR NEXT B.M. BY WHICH CO. WANT TO APPOINT 2 ADDITIONAL DIRECTOR FOR MIN. REQ. PURPOSE.
CAN ONE REMAINING DIRECTOR HOLD A B.M.? ABOUT QUORUM ?
VALIDITY OF MEETING?
PLZ ADVISE IN BRIEF

Can a newly incorporated pub limited company issue redemable preference shares?
If Yes , what is the procedure.

Sir,

I am having following queries with respect to Easy Exit Schemev - 2011.

1.A Company which had carried its operations 1 year only after its Incorporation ( incorporated during 2003) and filed Form - 20B, 23AC,23ACA with ROC for 1 Year only.It has not filed any annual forms thereafter.It has not properly closed as per Co. rules.and in MCA's Website the Co. Status shown as Active.


2.Now the Query is Whether the company has to file such annual forms up to 31.03.2010 and then go for EES?.
OR
3.whether the company is eligible for EES without filing of such Annual Forms.


Kindly reply.

Thanks.

addittional director can be regular director . for change the same what is the procedure and what documents are required to be filewith roc

Sir,
Can u plz explain whether there is any difference between Registration no and CIN.

CIN is 21 digit (Alphanumeric)
The Format of Annual Return provides only 6 digits for Registration No.

In case both are same, then how the 21 digit no. can be filled in 6 digit format.

Please Clarify.