If a MD of real estate company(closely held)purchases a flat in its company so, will that attract Sec.297 of directors.i.e specified contract with specified person.or is there any other provision applicable.reply soon

when director resign in 2006 before the applicability of din,at that time form 32 does not filed. after din come in existance, din no. alloted to them by company through din form in 2006 and din 2 & din 3 filed in 2009. now company want to file form 32 about the said resignation . what procedure should be followed.

please suggest me immediately

In one of the private limited company following situation arise:

One of the director possess 15% equity shares. Now his mother who is chartered accountant wants to accept the appointment as auditor of the Pvt. ltd. co.

Can she accept?

I have wrongly combined the consultancy fees income along with interest income and filled in the Form 23ACA in 'Other Income' Field in the FY 2007-08.


Now, shall I correct in Form 23ACA to be filed for FY 2008-09 by appropriately filling the consultancy fees and interest income in the respective fields meant for previous FY 2007-08.

OR

Should I maintain the mistake (which was done in previous year filing) while filling the form for the current year ?

Await experts' advise / views / suggestions.

ABC Private Limited availed loan from the following on various dates :

1. Reliance Capital. (Secured Loan by charge of a land belongs to the company).

2. Kotak Mahindra. (Secured Loan by hypothecation of vehicles).

3. ICICI Bank. (Secured Loan by hypothecation of vehicles).

My Query :

Whether Form 8 is to be filed for the
Secured Loans availed by the company.

Await experts' advise on the above query.

One of my client Company has contract u/s 297. Now the paid up capital of the Co. is increased from 1.00 Crore. Pls guide me whether Central Government Approval is also required for runing contracts or we will take the approval at the time of renewal of contract or entering into new contract after that.

CA Abhishek Maheshwari

Hi All,

pls. tell me.

What is extra ordinary meeting of the shareholders?
Is it different form the normal meeting of the board of the directors.


Thanks in advance

Dear Sirs,

In Sec.621A(3)(b) - Compounded offences are to intimated to ROC Office within 7 days of compounding.

1. Is this intimation to be made in eForm 21? Or thru, some other way?

Kindly clarify.

Regards,
Vignesh J

Is it compulsory to maintain fixed asset register physically? Soft copy of fixed asset register is ok?

One of the Existing company is planning to change its name and object clause, what are the procedures that we should follow first, filing Form 1A and Form 23, which one is to be filed first?? What are the procedures?? Pls help??