Hello everyone,

Please provide me a draft of resolution for removing a director and appointing another person in his place in a pvt. co. U/s 284 of Co's Act.

FYI, the removing director has provide resignation letter to the Board.

its urgent.

Is there any specific norm in Co Act w.r.t Provision for doubtful debts
We rely only on management certification on this. If the mgt certifies debtors > 6 mths as good, is it compulsory for making for provn or can we do away with this.


Pls reply.. little urgent

I noticed for various (new) companies, the paid up capital is mentioned as ‘00’ in the company master details of MCA21 Portal. How do we address the issue ?

Increase in maneging director's remuneration requires the approval of the shareholders through an ordinary resolution. My query is that whether such resolution is required before the managing director is paid any remuneration or a post facto approval of such re,uneration by shareholders would be ok. If post facto approval is ok, what is the time period for such resolution.

It is a known fact that if the director name is appearing in the LIST OF SIGNATORIES under View Signatory Details, then DIN-3 is already filed for him and approved by MCA21.
My query is, whether this DIN-3 will be available in the MCA21 portal or not.

My understanding is that DIN-3 if not available in the MCA21 portal, then it would be treated as PRIVATE DOCUMENT by MCA21.

Confirm whether my understanding is in order.

There is one company having carried forward depreciation loss. It had sold off all the immovable properties and deposited the proceeds in Fixed Deposit with Bank.

Now whether this company can give unsecured loan to another company by pre maturing the fixed deposits ?? If yes whether any legal formalities are required under companies act......

FOR FILING OF ANNUAL RETURNS OF A COMPANY FOR 3 YEARS ONLINE - LET ME KNOW THE PROCEDURE FOR ATTACHING FILES AND THE ATTACHMENTS REQUIRED ALONG WITH ANNUAL RETURNS FORMS

Hi All,
Please help me decide whether on what grounds can I suggest the conversion of pvt company into LLP? since the Income Tax provisions and re-conversion provisions are absent and LLP Act is unclear about it.
Thanks in Advance.
Please help me.

hello everyone,

our company is a pvt. ltd. JV co. and a subsidiary of one foreign co. our BOD comprises 4 directors from foreign co and 3 from Indian co.

our pvt. co. has purchased some machinery in 2004 from this foreign holding co. hence the matter comes under Transfer pricing issue for which co. is liable to file return under Income tax Act but the co. did not file any return hence lots of penalties applicable from 2004 as pvt. co. incorporated in 2004.

now Foreigner Director saying to close this matter by paying all penalties bcoz there is no records of purchased machinerirs exists. so pls provide me a Indemnity Letter to be sent to those Foreign Director for Concluding this matter.

Pls its urgent.

I am not able to find the Form DIN-3 (filed and approved by RoC) for one of our clients in the MCA21 Portal. How do I view the same in the portal or whether the same is treated or categorised as private document ?