Hi Sir,
We intend to destroy the documents related old fiscal year say year ended 31st March 2000 and earlier.Will there be any issue with this from Tax and legal perspective.Can you please suggest what are the Legal guidelines regarding this.

Thanks& Regards,
Surya

A Company had filed Form 8 within the due date of registration but it had not attached a document relating to charge which it had created. the company had not made a reply to the document which the mca had asked for what will be the fate of previous registration since the time for revised form 8 date had lapsed?

Hi,
i am working NBFC (MICRO FIN COMPANY)FLOATED 2009.COMPANY WANTED TO CONVERT PREFERENCE CAPITAL INTO EQUITY.PLZ ADVICE THE PROCESS
REGARDING THAT

Pls solve my query:-

Suppose Mr. X relative of a director is appointed as MD with salary of Rs.70000/- which is over & above the salary he is getting as a director. Now since Sec 314(1)not apply to appointment of MD,manager etc but As per Sec314(1B) three conditions are satisfied:-
1. Person other than director.
2. Remuneration more than Rs.50000/-
3. MD, Manager etc not exempt under this
saction.
He can hold office or place of profit after Sr and approval of CG as per Sec314(1B)
Now i m confused whether that person hold office or place of profit or not? please clarify rule U/s 314(1) and 314(1B).

One private limited company incorporated since 1960 has capital caluse as below:

Authorised capital of INR 10 lacs

a. Class A share of Rs 55,000
b. Class B Share of Rs.25,000
c. Class C Shares of Rs. 10,000 each (2 Shares)
d. 9000 cummulative redeemable preference shares of Rs. 100 each

Now my query is, company wants to increase its Autho. capital by Rs. 10 lacs through equity capital....then in form 5 what should be the status of the new shares ....as it can not rank pari-passu with the existing shares...???


please help.

Megha Shah

hello friends,

Can some body tel me whether there is any requirement of BOARD RESOLUTION FOR SALES OF OLD CAR.

PLEASE TELL EXACTLY SECTION WISE IF KNOW.

URGENT??????

Pre-operative expenses and its treatment in balance sheet as per Schedule VI of Companies Act, 1956?

Can anyone please provide me procedure of forming Wholly Owned Subsidiary of public company.Public company is situated in India.Public co. wants to form private WOS co.

Please tell me the details of Clause 30 of Listing agreement regarding constitution of Board and any other provision if any and intimation to Stock Exchanges in this matter.

Dear All,

There is a company with a paid up Capital of Rs 60 lakhs & brough forward loss of about Rs 13/- lakhs. Will CARO be applicable to that company.

Regards,
Venkatesh