Is regularization of independent director allowable as per section 160 of the companies act 2013??

I am Accountant in LLP .

My LLP is borrowed the Business Loan (Not a CC) from Bank.

* No Collateral Security (Movable & Immovable) given to bank for loan.
* Loan for Business Development purpose.
* Amount of Loan is Rs.10 Lakhs and Repayable in 5 Future Years

My Question is ?:
1. Any ROC Charge to be Created?
2. Any Compliance is mandatory to file ROC Forms? and time Limit? ( Sanction Date is 01.12.2017)

3 Solvency Certificate or any Annual Compliance is mandatory ?

Please guide me.

regards
S Ganesh

I have mistakenly filed form MGT 7 with wrong AGM date and paid fees Rs 400+800. Then I try to upload the correct one, it asks for fees Rs 1200 again. If I pay the fees for correct form, will I be able to file refund form and get refund for the first one? Please answer.

One director of the company did not attend board meetings and was working against the company, so other directors want to remove him in EGM u/s 169. So We have sent notice of EGM to the removing director via courier and by hand also. Removing director did not receive notice by notice server and refuse to receive it. We also send the notice by courier also to the Removing Director. Courier did not come back to us undelivered till yet. We file DIR 12 but that DIR 12 not register by ROC as he says that this is case of quarrel between directors, so both parties should go to court. Now removing director taking the plea that He has not receive any notice of meeting hence meeting is invalid. What is your opinion?

what is the difference between NCLT and ROC? i m confused

The Paid up share capital of the company as at 31st March 2017 as per audited financials was below Rs.10 crore. In September, 2017 the paid up share capital has been increased above Rs.10 crore.


The Paid up share capital of the company as at 31st March 2017 as per the Last Audited Financials was below Rs.10 crore. In September, 2017 the paid up share capital has been increased from Rs.10 crore. to Rs.13 crore

As per section 177 of the Companies Act 2013 and Rule 6 and 7 of Companies (Meetings of Board and its Powers) Rules 201 deals with the Audit committee and As prescribed under Rule 6 of the Companies (Meetings of Board and its powers) Rule 2014 company shall constitute an Audit committee.

Is it Statutory to constitute the Audit Committee in the Board Meeting to be held in October 17/November17/December17 / Before March 2018 or should we wait for the Audited financials as at 31st March 2018 to have the increased paid up share capital above Rs.10 crore.
For the views please.

Whether a Private Limited Company can take unsecured loan from financial Institution and if yes which provisions are required to be complied with ?

Dear Experts,

In Case of Rights Issue. After receiving the rejection of Offer from the existing shareholders, Do we need to conduct a Board meeting for disposing off the shares to others. and subsequently another Board meeting for Allotment of Shares. Please let me know the exact procedure for the same.

a Company has sent notice by hand to shareholder but he refused to recieve it, shall it be deemed to be valid service of notice. Can company go on to do egm at fix time.

Dear Proffesionals,

There is an LLP, which has not been carrying out any business since its incorporation..

The partners Now have decided to close the LLP, also since incorporation it has not filled neither form LLP 8 nor form LLP 11..

My question is, whether this LLP can proceed with directly filling eform 24 without filing of forms LLP 8 and LLP 11?

Please advise.

Thanks & regards.