I want to incorporate a private limited company having authorised share capital of Rs. 5,00,000 then for how much amount i have do franking on MOA, AOA & Form 1 and how much is paid as ROC Fees and how the same amount is paid.

a pvt co has an accumulated profits of Rs.70 lakhs in its p&l a/c on 31-3-08. the company has earned a profit of 10 lakhs for the half year ending sept 08. now the company is going to declare an interim dividend of 50lakhs claiming that Companies (Declaration of Dividend out of Reserves) Rules 1975 is not applicable to it as they are paying from accumulated profits not from reserves. (as the provision is "In the event of inadequacy or absence of profits in any year, dividend may be declared by a company for that year out of the accumulated profits earned by it in previous years and transferred by it to the reserves, subject to the conditions that....)

again is the Companies (Transfer of profits to reserves) rules 1975 is applicable to the above transaction? The company is claiming that the above Rule is only applicable if it pays dividend from the current profits only.So it is not applicable to them.

if it is applicable to them what will be the amount transfered to reserve; is it merely 10% of current profit(10 lakhs) assuming dividend exceeds 20% of paidup capital.

can anyone help me with thie querry??

a pvt ltd co. has increased its share capital for which it has paid Rs.195000 towards ROC filing fees. Whether this entire amt can be debited to P/L??what will be its treatment as per the co's act as well as IT Act??

Can u jst help me on this.....whethet Share Application money can be shown as a Reserves & Surplus as per Sch.VI or it can be shown on face of Balance sheet seperately.

I want to know thathow to upload the ROC forms? can somebody help me

Dear Expert,
Whether consent letter is to be obtained and filed with ROC for appointment of MD and ED in PVT LTD CO? What are the enclosures to be filed with ROC for appointment of MD & ED PVT LTD CO?

Can private ltd company have debit balacne of directors in their books of accounts

Dear Sir,
A newly formed company acquired the business of a partnership firm on 01.05.2008 partners are to be alloted equity shares in new company. is there any time limit within which shares are to be issued to partners or these can be issued anytime. partners capital balances can be kept as share application money for any time?? please advice

The paid up capital of a pvt. ltd. company is Rs.3 crore but there was no company secretary during the whole financial year. whether the company is required to obtain a comliance certificate since there is no CS in the company.

Sir
Our company want to add new business and accordingly have two option. One to change in MOA or form new subsidiary company. Can any one provide the advantage and disadvantage of both the option.
Early reply would be appreciated as we have to take decision on tomorrow

regards

Yogesh gupta