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CA.Yogesh Patel
This Query has 1 replies

This Query has 1 replies

14 July 2010 at 10:53

DIN Application rejection

Hi,

I have made three DIN application,but two have been approved and one has been rejected.

Now what is the remedy?
Can we know the reasons for rejection or we have to make a fresh application and pay the DIN application fees again.

Kindly advise me in this matter.

Thanking you.


S.Jegadeesan
This Query has 2 replies

This Query has 2 replies

13 July 2010 at 21:14

Corporate Law

I need to clarify one doubt i.e.
If a Pvt Ltd was audited by one auditor. But he has completed only Income tax compliance only.He has not given the Auditor's Report under the company's Act1956 & also he has not audited as per Comapnies Act and his Presentation was also differs from actual format recommended by the Act.In this situation another one auditor is come to audit.The company requested to make necessay adjusment in the past years and continue with the corrected figure.
Is it allowable under Companies act 1956?
Is there any provision available to reaudit the company which was not properly audited by the previous auditor?
S.Jegadeesan


kanagaraj
This Query has 2 replies

This Query has 2 replies

13 July 2010 at 19:56

conversion a proprietor to pvt ltd

One of my clients wants to register a pvt company and his proprietorship business is to be acquired by the co. Now my question is how the matter is included in the MOA


CA. BIJENDER KR. BANSAL
This Query has 3 replies

This Query has 3 replies

13 July 2010 at 16:05

Foreign Equity Participation

A foreign company wants to open chain of Retail outlet of beverages (Juices). The juices they will sell , will be of specific formulation. They intend to register a company in India under Companies Act 1956, in which shareholdings consists Indian Promoters also.
How much Equity Participation of Foreign Entity is allowed ?
Can Indain Company also raise ECB(External Commercial Borrowings from the foreighn shareholders ) apart from Equity particiaption??
Please give feedback on it .






DINESH BHATIA
This Query has 3 replies

This Query has 3 replies

13 July 2010 at 14:52

DIN 2 and DIN 3

Can any body please let me know whether DIN 2 and DIN 3 are in existence and what is their significance?



Anonymous
This Query has 3 replies

This Query has 3 replies

X LTD. HAS ISSUED 14757 PREFERENCE SHARES ON 30.03.2010. NOW THE COMPANY WANT TO CONVERT THOSE SHARES INTO EQUITY SHARES.

SO PLEASE TELL ME ABOUT THE PROCEDURE TO BE FOLLOWED FOR THIS PURPOSE.WHICH SECTIONS OF COMPANIES ACT WILL APPLY AND WHAT ARE THE OTHER APPLICABLE RULES AND REGULATIONS.

IS THERE ANY TIME LIMIT FOR CONVERSION OF PREFERNCE SHARES.

PLS ALSO PROVIDE A CHECKLIST IF YOU HAVE ASAP .YOU CAN ALSO MAIL AT amazanagrogroup@gmail.com



Anonymous
This Query has 2 replies

This Query has 2 replies

13 July 2010 at 13:11

notice From RoC

below is the notice from RoC
Kindly help me out to Draft a letter of response


Notice for Default
In the mater relating to X Pvt ltd. Having category as company ltd by guarantee and sub category as Guarantee and association company.
Above mentioned co ought to have had held its AGM in respect of its financial year ending 31-3-2009 on or before 31-3-2009 in terms of section 166 read eith section 210 of the companies act
AND
Where as the annual return made upto 31-3-2009 in accordance with section 159/160 of the act for the financial year ending 31-3-2009 should have been filed in this office within 60 days from annual general meeting.
Whereas the under signed has reasonable cause to believe that the aforesaid provisions of the act have not been complied with by the co and directors/officers.
There fore here by called upon to show cause as to why action should not be taken for prosecution under section 162,168,210(5),220(3), for contravention of above sections.


Illayaraja
This Query has 2 replies

This Query has 2 replies

13 July 2010 at 12:24

Change of share capital

my company already board of directors if 4 members now 1 members reliving to my company but now board of directors if 3 member and change to share capital ratio. can you help for how to change of memorandum of association. and ROC


vasanthkumar
This Query has 2 replies

This Query has 2 replies

13 July 2010 at 12:22

Retainer fee to Director

Can Director be paid a monthly retainer fee for advisory services rendered


sanjay srivastava
This Query has 1 replies

This Query has 1 replies

13 July 2010 at 12:17

section 4 of the companies Act, 1956

Dear friends

Please answer if a public company acquires 70% shares of a pvt. company, then-

whether the pvt company will need to increse its members and directors to 7 & 3 ?
whether the paid up capital should be increased to Rs. 5 Lac.






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