Hi Experts!

A private limited company, incorporated in year 1996, has 8 shareholders and 3 directors. The company has business only in year 1996-97 and thereafter there is no any transaction.

The company file its return of income in income tax and file accounts in ROC for that year.

In 1998, the two directors of the company are died and their respective shareholdings are transfered to their Legal Reprsentatives.

The remaining director of the company doesn't sent any intimation to ROC, and doesn't file thereafter Annual Accounts and Return to ROC and doesn't file Return of Income in Income Tax, AS THERE IS NO BUSINESS IN COMAPNY SINCE 1998. The company doesn't hold AGM thereafter.

Moreover the director doesn't have DIN.

Now the sahreholders of the company want to regularize the comapny and want to start the business and appoint a new director.

The status of the company is active.
The company also issue additional shares and doesn't intimate ROC.


Please state your views for how the shareholders can regularize the company and which documents needs to be file and for what number of years.

Please let me know what amount of penalty company have to pay for regularization.

If director of the company want to file only last 3 years accounts in ROC, whether any query raised by the ROC? If yes, then what will be the consequenses of the same against the director and the company?

Thankyou..

Can ROC will approve such names for incorporation of private limited company or not:

ABC.COM INDIA PVT LTD
FDS.IN INDIA PVT LTD
XYZ.IN INDIA PVT LTD
SPE.IN INDIA PVT LTD
GDE.COM INDIA PVT LTD

Dear Experts,

Can attachment to form 23AC i.e, Audit Report, Directors Report and Balance Sheet be filed in two separate pdf files.

Please reply with the procedure to attach the mandatory attachment in two separate pdf files as I am facing difficulty due to large file size.

Regards,

How to File to R.O.C. plz explain in detail

HI ALL
My company has been recently converted from private to public, the Company had already execeeded it borrowing limits as per the sec 293, and there was no resolution passed before. Pl explain the course of action applicable in my case after its being a public limited company, including the time frame within which it has to be complied with.

I applied for a private limited company How i can know that the name hasbeen approved or not

Whether the reimbursement of expenses incurred by the director in attending meetings shall be considered for the limits of managerial remuneration.

I belienve that they shall not be considered. please guide me...

Hi Experts!

A private limited company, incorporated in year 1996, has 8 shareholders and 3 directors. The company has business only in year 1996-97 and thereafter there is no any transaction.

The company file its return of income in income tax and file accounts in ROC for that year.

In 1998, the two directors of the company are died and their respective shareholdings are transfered to their Legal Reprsentatives.

The remaining director of the company doesn't sent any intimation to ROC, and doesn't file thereafter Annual Accounts and Return to ROC and doesn't file Return of Income in Income Tax, AS THERE IS NO BUSINESS IN COMAPNY SINCE 1998. The company doesn't hold AGM thereafter.

Moreover the director doesn't have DIN.

Now the sahreholders of the company want to regularize the comapny and want to start the business and appoint a new director.

The status of the company is active.
The company also issue additional shares and doesn't intimate ROC.


Please state your views for how the shareholders can regularize the company and which documents needs to be file and for what number of years.

Please let me know what amount of penalty company have to pay for regularization.

Thankyou..

whether the director has the inherent right to receive remuneration or he is entitled only if articles provide or by a ordinary resolution or by a special resolution where the articles so require.

please explain.

thanks in advance.

Hi...

Please someone explain me the meaning of term'Material non listed Indian Subsidiary' as per Listing Agreement in simple words. If possible, please explain it with the help of an example.

God Bless

Udit Sharma