susheel
This Query has 2 replies

This Query has 2 replies

dear all..

back ground:
one company we audit was a deemed public(otherwise a private company) by virtue of the erst while section 43A(25% shareholding by a public company)now after the amendment, it dint inform the ROC about its intention to convert into a private company,however it operated as a private company.

My query:
1) can the company assume the status of a private company and continue to operate as one?
2) is the reconversion into a private company deemed?
3) what are the consequences if otherwise.

i would appreciate your prompt response as i suspect non-compliance with the provisions of the companies act if it is a public company.. thank you.


Abhishek kumar agarwal
This Query has 1 replies

This Query has 1 replies

08 January 2010 at 14:56

Share Certificate

Hello Everyone...

The name of my company has been changed and now we need to issue fresh certificate. Please tell me the date to be printed on the Share Certificate.

i.e the date of name change of comapny or the date of share allottment in the Old name of the company.

Regards,
Abhishek Agarwal


CA Atul Singhal
This Query has 1 replies

This Query has 1 replies

Pls tell:
Which are the files to be attached with Form-1?
Can scan copies of AOA, MOA, POA and form-1 be in black and white or it should be in colour?
What should be the resolution of scans in dpi?
Should the scans of POA be of both side of stamp paper?
Should all 5 pages of form-1 be scanned or scan of stamp paper on which form-1 is printed is enough?

What is the maximum size of Form-1 so that it can be filed?
what can be the solutions if after attaching all files with Form-1 exceeds maximum limit allowed?

Pls also tell how to resubmit form-1?

Thanks in advance


Hasmukh Nakarani
This Query has 3 replies

This Query has 3 replies

08 January 2010 at 11:44

Appointment of Auditor

What is the procedure for appointing auditor in existing Pvt Ltd company?

And which Forms required for that?



Anonymous
This Query has 2 replies

This Query has 2 replies

I m working in a Pub co. having paid up cap less than 5 cr. plz tell me the procedure of appointment of a MD in pub co and which documents, forms and resolutions are required to file with ROC. Plz explain me the whole procedure.

thnx a lot


Vignesh
This Query has 2 replies

This Query has 2 replies

07 January 2010 at 17:02

Sec.149 - CA Act, 1956

Dear Sir,

1. Can a Private Company commence a business mentioned in the Other Objects (in MOA) of the Company without passing a special resoltion?

2. Can a Private Company (A Properties Pvt. Ltd) commence the business of Tea Cultivation (mentioned in its other objetcs of MOA) as a (80% revenue generation) without changing its name?

Kindly clarify, Sir.

Regards,

Vignesh J


sunil
This Query has 5 replies

This Query has 5 replies

07 January 2010 at 14:09

roc return not filed

A Pvt. Ltd.company was incorporated in 2005-06 but no activity was done in that company even no bank account was opened.

Directors have not filed any ROC or Income Tax Return.

But Now we received a notice u/s. 159/160/166/210 and 220 of companies act.

what should we do


sathyam
This Query has 4 replies

This Query has 4 replies

07 January 2010 at 11:26

Share application money

Dear Experts,

A pvt ltd co has received by cheque a sum of rs. 10 lacs towards share application money. It has not issued any shares. The amount received has been utilised in the subsidiary company located abroad.
1)Is there any time limit to issue shares?
2)Is there any violation in utilising the share application money?


CA Dron Bharadwaj
This Query has 4 replies

This Query has 4 replies

07 January 2010 at 10:26

Depreciation as per Companies Act,1956

Can a asset whose WDV at the beginning of the year is less than 5000 be depreciated at the rate of 100% ?

if yes,
plz give the legal base of the answer.
thanks in advance.


Dr. Sharad Garg
This Query has 3 replies

This Query has 3 replies

06 January 2010 at 19:04

Forfeiture of shares

Does a shareholder after forfeiture of his shares, remain liable to the company for unpaid part of capital on his shares? Until when and to what extent does he remain liable?






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