Dear Frnds,
I do like to ask that a director of a company owns a car on his personal name he uses that car for purpose of company.he like to reimburse the expences of car.what formalities he has to do with company..and also is he eligible to do so
thanx

Is it complusory for the small scale investment company which does not have the capital of Rs. 20000000 to be registered with RBI u/s 45IA

I wish to place my query regarding Form 23AAA. Kindly give me some tips for the process. If possible, send me the format of board resolution and details of attachments to be made for the form. THANKS.

Dear Sir,

Returns of Directors are filed belated ............
and cash position is also not enough that it can be adjusted in cash........





there is a typical situation in one of my clients.
Que:- Minimum 2 Directors are required for formation of a PVT Ltd Co.
Now in the case of my client 2 Directors subscribed to Memorandum in August 2007. Now the point is only one of the Director made the payment for his share capital ie 50000/- and another director forgot to make payment of Rs 50000/- for his share.and he filed his return of income without showing 50000 as his investment in shares of this pvt ltd. while another who has made the payment and acquired his shares has shown in his personal bal sht.
Now the Question arise is
(1) Return of this Co is not yet filed for the P.Y.2007-08, now for filing of return of this co what technical issues arises and how to overcome them.
(2) what abt the co..
(3) what abt the director who has not acquired his shares and filed the return??
(4) what other points arise in this situation??????????

Dear Sir,
there is a typical situation in one of my clients.
Que:- Minimum 2 Directors are required for formation of a PVT Ltd Co.
Now in the case of my client 2 Directors subscribed to Memorandum. Now the point is only one of the Director made the payment for his share capital ie 50000/- and another director forgot to make payment of Rs 50000/- for his share.and he filed his return of income without showing 50000 as his investment in shares of this pvt ltd. while another who has made the payment and acquired his shares has shown in his personal bal sht.
Now the Question arise is
(1) Return of this Co is not yet file now for filing of return of this co what technical issues arises and how to overcome them.
(2) what abt the co..
(3) what abt the director who has not acquired his shares and filed the return??

Can anyone please send me draft resolution of appointment of new director of a private company and please tell me what steps should be taken by company for this.

Thanks in advance.

Can anyone please send me draft resolution of appointment of new director of a private company and please tell me what steps should be taken by company for this.

Thanks in advance.

I need a board resolution draft copy for incresing authorised capital.

Sudipta

in annual return u/s 159 we need to give details f past and present directors but what period we need to consider while giving this information . is it only from last AGM to current AGM or whatever information we have since incorporation or what

a company has paid up share capital 100,000 and authorised share capital is 7500000 has recently increased After that they want to increase in issued capitla is Rs 7400,000 and the distribution between two directors holding fifty percent each.so please tell me the procdure is followed to increase the issued capital