Dear experts

Please spare your valuable time in giving solution to my query

The assessee company is pvt ltd company and on 07.11.2015 the company is converted into LLP .

a) Do we have to file roc return for FY 2015-16 for Pvt ltd company..

b) if yes please give format of last AGM to be held by company

Thanks in Advance

Hi,

A newly incorporated private limited company can issue shares to 200 shareholders (maximum) in a single financial year.

Dear Experts,
. Please clarify. Is there any restriction on granting interest free loan to employee as per companies act. 2013.

Regds
AMIT

In one of our private company we have taken loan from shareholder less which is then 100% of paid up capital +free reserve on 29th October , 2015 but till date no Form has been filed, so can we file MGT-14 and DPT-3 now with late fees and what will be attachments with Form -DPT-3.

Dear All,

One of the Shareholder (today he purchased the Equity share in the market) asking the query on last two years data. whether the listed company is liable to answer for it?
My question is he purchased on today and he inquiring the data for last 2 years. can we give?
Is there any Act or regulation for it, if so please share the same.

Thanks and Regards

Can subscribers to MOA bring the share application money in cash??

While Auditing a private limited company, it was found that the company has been accepting monthly borrowing: from one of its directors, who is holding 50% of paid up share capital.
My question is whether provisions of section 73(2) of Companies Act 2013 applicable in this case or ?
Or, these deposit comes under the purview of Section 76 of the Act?
Thanks in advance!

Dear Experts,

Section 196 of the Companies Act, 2013 ("Act") provides the limits of remuneration that can be paid by the Company. The same has been linked with the Net profits (Profit before tax) of the Company calculated in the manner prescribed under section 198 of the Act.
I am aware of the format and limits for calculating the Net Profits u/s. 198. However i wish to understand the logic behind of the same.
For eg: The reasoning as to why profits from exceptional items are reduced and losses therefrom added back in the said calculation.

Knowing the background of the same would help in understanding how to calculate the NP in different scenarios i.e. when one-off accounting effects are provided in the financials for eg: profits/losses from discontinuing businesses, reserves created as a result corporate restructurings, demergers, slump sales, IND-AS adjustments etc.

Experts vews are solicited!!

1. Can a company having a registered office in UP, setup their Corporate office in Bihar? if yes, then do we have to inform both the RoC's or MCA and also what would be the process?

2. Also the book of Accounts & Board meeting records needs to be maintained in the Corporate office in Bihar.

So please advice.

I have filed mgt-7 of a private limited company but forgot to give details of director remuneration in mgt. Now i have to increase director remuneration will it lead to any non compliance. Plz suggest.