Hi,
When i was doing statutory audit, i observed that, the share cap & reserves were totally eroded by the brought f/w & currenty year losses in the balance sheet. My queries are;
a) Is the statutory auditor required to qualify the report?
b) Is there any other statutory implications on this balance sheet?

Kindly reply soon....
Ram

whether any link of authorised caital requirement with the main object of the company.

As per Section 383A(1) of Companies Act,company having a paid-up share capital of rupees twenty five lakhs or more is required to hv a whole time company secretary.
Does it mean the company should hv CS for full year or evn for part of the year is valid.

A COMPANY PURCHASED A LAND IN A STATE OTHER THAN THE STATE IN WHICH COMPANY IS REGISTERED FOR INSTALLATION MANUFACTURING PLANT, DUE TO RECESSION COMPANY CANCELLED ITS PLAN AND NOW WANTS TO SPLIT THE COMPANY INTO 2 PARTS, WHETHER DEMERGER IS SUGGESTED IN TNIS CASE IF SO WHAT IS THE PROCESS OF DEMERGER

1)Special provision for Unlisted Public Companies.?
2)Sections where they are very different from Private Companies?
3)Special Compliances?

Hello friends,

Can anybody tell me

whether a unlisted public limited co. can accept unsecured loans from its directors and members ?

Plz tell me the section also.

I know that sec. 58 A is applicable as well as the Companies (Acceptance of Deposits) Rules, 1975 is applicable, but i m not clear what sub clause ix of rule 2 says.

Is it exempting directors, relatives or members of private co. only or of any co.

Plz reply as fast as u can.

Thanks

Respected Sir,

I would like to know the procedure to remove the director of a Private Limited Company along with the necessary format of Notices and Resolutions.

Thanking you in anticipation.

I am a director in 6 companies incorporated in India. Now, I have become director in a singapore company. please tell me where I have to inform this and how?

is their any planning can done by using deprecation rate given in companies act & in income tax rate?


Can companies charge lower rate of depreciation given in companies act.

pls forward a format of board resolution for director remuneration