A company which was in business till financial year 2003-04 was claiming depriciation under Companies Act but stopped activities in that year and did not put its P&M to use in the financial year 2004-05. Can it claim depreciation for the FY 2004-05 and onwards.

IF yes please give me the Sec No.

Under our audit it was found there is a public ltd co, in which they in receipt money which is shown as unsecured loan & as against such they have issued shares & such issue shown as share application money. The amount of loan received is lesser than the amount of Shares Alloted, then how to deal with this case. and if there is excess receipt of loan than shares alloted, then in which time limit the amount it should be refunded

Kindly reply soon.

pls send notes on sec 224 co act 1956

Can an indian company take a loan of Rs 5 crores from an american national? Could you please provide me the procedures. The money to be taken is in Indian currency.

Sir, Please tell that a how many kind of addresses a company can have. like registered office, communication addrss, etc. if a company is situated in other state(R.Office)and its project site is in other site. then how address should be given so that all the communication at project site may be made. means how many kind of addresses we can give. and also can a particular building can be given as address for more than one company.

Thanks

Sir
In one of the companies which we have audited we have face a one problem.when we added the shere application money and paid up capital the sum of both exceeds the Authorized capital.Sir please explian me is it happens in any other companies? is there any statutory compailance for that? if it is possible please give me a supported case law.

Dear CACLUBINDIA EXPERTS

We are in process of Adress change of one of our Client from Utter Pradesh
to Bangalore,We already uploaded form 18 but the status is Waiting For User Clarification (F-21 IS PENDING) . According to form 21 court or company law board should pass one order .

I want to know about the procedure & checklist of this order .


Thanks & Regards

For PRIME CFO Management Pvt Ltd


Deepika Tyagi
Director

: primecfo@hotmail.com

Dear Expert/CA Club

Can somebody write the stamp duty requirement for filing of documents like Form 44, both MOA, RBI permission, ROC Delhi & Haryana Permission, Name approval etc with ROC for branch opening of foreign Company.
Please write Stamp duty requirement

Pl see below is the remark after uploading form 44 by one of our Client

Stamp Duty discrepancy; to furnish the certified copies the charters in the English Language and in the Principal Language & power of attorney duly notarized and authenticated consularised in the manner provided under Rule 16 &17 of the companies (central Government) General rules,1956 and to affix the stamp dutyon POA as per provisions of rule 18 of the Indian Stamp Act.

--> As I know POA should be on 100/-stamp paper ,what We have to do other then that .

Thanks & regards

Deepika Tyagi

Dear Expert/CA Club

Can somebody write the stamp duty requirement for filing of documents like Form 44, both MOA, RBI permission, ROC Delhi & Haryana Permission, Name approval etc with ROC for branch opening of foreign Company.
Please write Stamp duty requirement

Pl see below is the remark after uploading form 44 by one of our Client

Stamp Duty discrepancy; to furnish the certified copies the charters in the English Language and in the Principal Language & power of attorney duly notarized and authenticated consularised in the manner provided under Rule 16 &17 of the companies (central Government) General rules,1956 and to affix the stamp dutyon POA as per provisions of rule 18 of the Indian Stamp Act.

--> As I know POA should be on 100/-stamp paper ,what We have to do other then that .

Thanks & regards

Deepika Tyagi

Dear All,

I want to maintain Fixed Asset Register as required,Can any one provide me.

Regrds

Madhu

madhukintali@yahoo.com