If a Pvt. Ltd. Co. take over a partnership firm with all assets and liabilities along with the unsecured loans, then what will be the status of such unsecured creditors, because a Pvt. Ltd. Co. can take unsecured loans only from its members while after taking over the business of partnership firm, such unsecured loan become the liabilities of the Company.
then what has to be done in that situation?

Hi All,

Just want to clear my doubts from all of you regarding subsidary company.

1. Can main company adjust their profit with subsidery.

2. If main company gives their building to subsidery for running of business so can main company charge rent from them.

Regards

Deepak

Hi

A company wants to rent the property which is being taken on rent by one of the directors.

My query what shall be the language of board resolution if the company wants to rent the property from the director.
Agreement is registered in the name of the director.Company wants to pay directly to landlord.

Regards

Sanjay

This is to share with you all:

Kindly appreciate As Balance Sheet & Profit & Loss are required to be signed in accordance with Section-215. In the board meeting which approve the balance sheet and profit & loss account we authorise directors to sign the BS & PL A/c as desired by section 215 and record the same in board minutes.

Question: Do we also need to authorise the signatories of Annual Return as required by section 161(1) through board resolution??. If Yes, what would be the date of board meeting to make such authorisation.

Since annual return contain the info as on the date of AGM. If we authorise someone to sign AR in the board meeting which approve the BS & PL A/c (Advance authorisation), then what would be your reaction.

OR since annual return is in the nature of a return only it does not require specific authorisation to sign like BS & PL A/c.
Please share your views….

Can a share holder of a banking company asks for information about the advance tax paid by the company. Either under RTI Act or the Companies Act.

what is the process of filing resignation of a director who is not having DIN no and presently no more

Hi

The Masterdata of our company on MCA site shows a Paid-up capital, which is more than the actual as per the books. Last Return of Allotment figure tally with the book figure.

However, in the last Annual Return, erroneously paid-up capital was shown more than what is there in the books and now the same figure appears in the Master Data.
Kindly advice on :
1)How the error on the Annual Return can be corrected
2) How the Master Data can get corrected

best regards,

Rajesh Pillai

MY COMPANY WANTS TO DELARE INTERIM DIVIDEND @ 2.5%. SHOULD IT BE PROPORTIONATE IF PERIOD OF DIVIDEND IS 9 MONTHS.

WHETHER IT IS COMPULSORY TO OPEN DIVIDEND ACCOUNT IN BANK EITHER IF COMPANY WANTS TO PAY DIVIDEND IMMEDIATELY WHEN DECLARED. PLEASE REPLY AS IT IS URGENT.

HELLO EVERYBODY.
I M SACHIN B.COM/MBA(FINANCE) NOW GETTING KNOWLEDGE OF ACCOUTS AND TAXES.

CAN ANYONE TELL ME ABOUT ESI AND PF IN A CORPORATE HOUSE.HOW MUCH PF BE DEPOSITED BY EMPLOYER AND AT WHICH DATE ARE THEY HAVE TO DEPOSIT ANNUALLY OR MONTHLY.

AND WHAT ABOUT ESI?

HELLO EVERYBODY.
I M SACHIN B.COM/MBA(FINANCE) NOW GETTING KNOWLEDGE OF ACCOUTS AND TAXES.

CAN ANYONE TELL ME ABOUT ESI AND PF IN A CORPORATE HOUSE.HOW MUCH PF BE DEPOSITED BY EMPLOYER AND AT WHICH DATE ARE THEY HAVE TO DEPOSIT ANNUALLY OR MONTHLY.

AND WHAT ABOUT ESI?