Sir what is the procedure to change an auditor before the compltion of his term.

Best regards,

Narasimha

Dear Sir, Recently one of my Clint's brother got a notice from ROC. Company has not filed return from last 2 years. Person who got a notice that he had expired in the year 2006. His brother is not aware of all this. Going with the MCA website company is showing active and not showing any signing authority and Directors as well. So could you please suggest me that what letter should be draft to ROC. Thanks in advance. Regards, Atul Mishra

i want to ask that section-139(1) says that that auditor appointment is ratify by members in gm every year but what if not ratified then he continue or not...

Dear All,

As Per Sec-186(1) Without prejudice to the provisions contained in this Act, a company shall unless otherwise prescribed, make investment through not more than two layers of investment companies. Whether it means Company can invest through only two Investment subsidiaries ?? Or it means investment in subsidiary AND Subsidiary of subsidiary ??

Regards,
Bhavya Shah

Hello Everyone.
Can a private limited company hold its first annual general beyond the 9 months from the end of the first financial year?
If yes, What are the consequences need to be fulfilled by the company.

dear all,
my query - there is a private company having a paid-up share capital of rs. 1,96,820/- ,it has 6 shareholders but since incorporation it has not issued any share certificate to any shareholder and now we are making it share certificates , the problem i am facing is what certificate number should i give to share certificate ?
is certificate number has some fixed pattern??
please help me out

Dear learned members,

I am in process of Incorporating a private limited company with following facts:-

1.) A (Indian) & B (foreign national) will be the directors of the proposed company.
2.) B (foreign national) and C (foreign national) will be the shareholders of the proposed company.

Now I want to know of whom DSC's will be required for Incorporation in SPICE forms. Mr. A & Mr. B are already having DIN & holding directorship in certain companies & Mr. A is having DSC's too.

Please help. Thanks :)

One of our client formed a privae limited in 2010, since then he had not done a single business transaction. few days back he receive a notice u/s 248 for struck off of name.

It is asking to send our representation ,otherwise it will struck off name from Roc and directors will be liable.
My question is we want to remove the name of company, should we do it suo motto or let registrar doso in case we dont reply. whats the consequences to director.

Dear Friends,

A company has received notice in STK-1 u/s 248 of the Companies Act, 2013 from Registrar of Companies to strike off the name from ROC register. The company has not any forms since 2013. we have to file our representation within 30 days and directors are liable to appropriate action under Act. The company would like to continue its operations.

What reply we should file to the ROC?

Thanks in advance.

Regards,

Please advice on this:
One of the shareholder of pvt company died in FY 14-15. But this fact was not know to Auditor and he prepared BS PL for FY 14-15 & 15-16. In Schedule of shareholders holding more than 5% he mentioned deceased name. On the basis of this annual filling of AOC 4 and MGT 7 for both the year filed.
What would be the possible consequences under company act on company and auditor?