Sir,
I am a student of CA & CS i wish to know that in case of a defunt company, can a single director by board of directors resolution can dissolve the company under section 560.
Thanks
Regards
Pulkit

what is difference between a MANAGING DIRECTOR,A C.E.O ,AND A CHAIRMAN?
ONLY NAME DIFFERENCE OR DIFFERENCE IN POWERS?

Dear Sir
i have one query relating to RBI compliance for foreign remittance.
My Client, who is a Person of Indian Origin, is now resident person. She is investing in Equity Shares in a PVT LTD CO. engaged in Export business by remitted money from foreign country through AD Channel.
Now we have following query
1-whether the Company has to intimate RBI within 30 days through FIRC intimation.
2- Whether the Company has to file Form FC-GPR.
As per FEMA Act the above compliance is needed when foreign remittance is done by non-resident. As per my case Investor is Resident however she has brought investment through foreign investment channel.
plz clarify my query as soon as possible.
it`s urgent matter
thanks a lot

Dear Sir
i hv a query regarding share transfer.
plz suggest me ASAP
One indian resident has to transfer his share to one- person having person of Indian Orgin and resident person and 2nd- person having Foreign citizenship and Resident person.
plz guide me regarding FEMA Compliance.
company is PVT Ltd Co.
it`s urgent
Thanks a lot.

Dear All,

Can private limited company can give dividends to its shareholder on its provisional audited P &L account.Company is showing 40% profit in this current year.What parameter must be looked/checked before giving any dividend.

Regards,
Rakesh

RS 6500 OR 7500 ON WHICH NO EPF IS APPLICABLE ?

WHAT IS THE POWER OF ATTORNEY & WHEN IT IS TRANSFERRED?

Facts : A - State Govt.
B - Govt. Company
Purpose of B - Upliftment of the Horticulture and Agro based industries in state.

Transactions by A - Give non refundable funds to B for assisst the industies in state.

Transactions by B - Invest in agro based new projects in state as equity by holding as 26% shares which was buy back by promoters after 5 years with interest.

Income by B - Invest in FDR from the unused funds.

Q :
1. Whether interest income earned by B is the income of A or of B and whether it is taxable under Income Tax Act?
2. Whether these unused funds are to be shown as liablity in the books of B or not?
3. If this interest is also payable to State Govt. then who pay the tax on the same?

Is RBI approval required for the receipt of money from a foreign entity apart from getting Foreign Inward Remittance Certificate (FIRC) from the bank..

what is return of allotment?Is it necessary to file it annually?