A company was incorporated on 03/10/2016 with 5 persons being subscribers.
-What is the time limit for deposit of share money in company's bank A/c?

-Is it not necessary to issue share certificates? My CA advised not to issue since it is a family owned company.

dear all, I wish to incorporate a private limited company, I am taking my brother as a director because it's mandatory to have two directions in a private limited company... if I have taken 90% and my brother has 10% share when the company makes a profit of 1cr and we directors are getting salary at a specific percentage... what happens to the remaining profit in the company's account..? can I use it for my personal uses...

A Company had paid 75% installment relating to a property but now want to transfer the pending liability to a director. The assets will be transferred in the name of director and he will make the balance payment .Whether its possible and how?

Hello experts,

A company has 4 directors, 2 are Indians and other 2 are foreigners. Can both the foreigner director sign the financial statement and board report.

Regards,

1. In case of Private Limited Co. a managing Director was appointed at the time of incorporation through old form 32 , no specific clasue about appointment of MD in AOA or no other agreement was executed , then how much period he can act as Managing Director ( He was mentioned as First Director not liable to retire by rotation in AOA )
2. can we pass a Board Resolution for increase in salary of MD and what other forms required to be filed
3. can any body share me Board Resolution for increase in salary of MD in case of private limited

Dear sir,I m authorised signatory of pvt.Ltd. company i want self DSC apply can I pay DSC application fee of company's current account and tell me new DSC apply process .

a small pvt.ltd. company..

in nov 2015,additional director was appointed
but since july 2016, existing directors had a fight with her dont want her anymore.
in agm 2016, company directors did not mention her in form mgt7
in aoc4, company stated in director's report she is not to be regularized.
now, do we have to file form dir12 to show she is vacated?
or did we have to write in mgt7 and revise mgt7?

Dear Colleagues, I have a query regarding Auditor appointment, in a company, In an AGM an Auditor who is having proprietorship firm has been appointed, the Auditor Dissolves its Proprietorship firm and enter into Partnership, now the query is whether the Auditors have to file fresh form ADT - 1 for change in auditors firm status or he can sign the Balance sheet without any intimation to ROC, and also Is company required to pass an ordinary/Special resolution for fresh appointment of same auditor in the Company. what is the correct measure in this case?
Note - Registration no and name of old Proprietorship firm was same in new partnership firm.

section 51 of Companies Act 2013 contains that if provided in the articles dividend to be paid on paid up value of the shares . so if there is no such provision in the articles then dividend shall be paid on nominal value of the share. and as per regulation 83 of table f dividend shall be paid on paid up value of shares. so is there any conflict between these two provisions

When transaction is at arm's lenght and in the ordinary course of business , is it necessary to attached AOC-2 and whether noting in Board Meeting is necessary