whether reappointment of MD is mandatory after 5 years of his appointment in a private company which is not a subsidiary of public company... please explain wid provision to Com. law.

Can a Private limited company be sold off to a sole propritorship. if yes how?

Sir,

One company incorporated on 2007. They didn't file any forms with mca except incorporation documents. They filed promptly all the serivce tax and income tax and sales tax returns up to date.

Now the problem is, at their MOA and AOA they subscribe only for 1500 shares of 100 each. But their statemets filed with the income tax showed the Share capital as 9,50,000 (i.e. 9500 shares of 100 each). If we file Form 2 from the earlier date, heavy additional fee should be paid. Is there any possibility to avoid the heavy penalty?

are there any restrictions for declaring a dividend of 400% for a private co. except transfer to reserves 10% of financial year's profits

Dear Friends

Please let me know whether PAN Allottment letter issued by the IT department will be accepted as proof of residenc. Please offer your comments and experience.


Sureshan K

Dear Experts,

Kindly advise me in the below-cited case. The facts are as under:
1. The Audited Balance Sheet of 31.03.08 was filed with the ROC.
2. On a subsequent date a major mistake was found by the company and the same is again Audited by an Auditor other than the first one.
In the above situation please suggest what are formalities and how to file the ammended balance sheet of the same year again with the ROC. Can it be e-filed again.

Regards

If a company is not filling its annual accounts since 2001 to either (pvt ltd company)ROC or to income tax department (having zero transactions in all 10 yrs.)& now wants to regularise the things ,what is the procedure & possibility.Regards

Hi,....

Whether Form 23 is to be filed in case of appointment of MD at the AGM of the Company. Section 192 of the Companies Act, 1956 provides for the resolution of the Board of Directors for the appointment/re-appointment of MD so we have filed form 23 within 30 days of passing of the Board Resolution. Now, when the approval of the members is accorded to the appointment of MD at the AGM of the Company by way of an Ordinary Resolution, whether once again Form 23 is to be filed??????Kindly quote the relevant section in this regard????????

Best Regards

Udit Sharma

In my case, one of the director will resign and two new directors will be inducted into the board.
Kindly suggest any additional requirement to be satisfied other than the highlighted points below:

1. Apply for DIN for new directors
2. Arrange for consent letter from new directors
3. Convene Board meeting
4. File Form 32

Should i file any other forms like DIN3 etc.

Hi....

Can someone tell me which section provides for keeping the minutes book at the Registered office of the Company?????Can the same be kept at a place other than the Registered office of the Company???????