i like to know is it necessary to have cost audit every year..
is there any exemption for non conducting of cost audit.
which are the section i should refer for a detailed knowledge

In case of a pvt ltd company, what all should be ensured for increase in authorised and issued share capital from an audit perspective?

Mine is the listed co. on the BSE and i like to the know the procedure for Change in the Object Clause and the its compliace?
Sir we arange a postal ballot,
so is it necessary to take a approval of postal ballot from the ROC. or we directly send to shareholders, and suppose we not took the approval and complete the procedure then what is the consequences

Dear members..

Kindly clarify the following..

Mr. A is a Director in both Company LMN (Pub. Co.) and XYZ (Pvt.co.). In an agreement entered into between XYZ and LMN, Mr. A has signed on behalf of both the companies in the capacity of a Director..

Further Mr. A has 8% shareholding in XYZ Pvt. Ltd.

So apart from Disclosure U/Sec. 299, is there any other compliance required?

Is it legal and valid under the Contract Act as well as companies act that a contract be signed by a single individual on behalf more than one company as a Director or in any other capacity??

Our company is having NRI shareholders. Two shareholders are holding the shares in physical form and one NRI wants to transfer the same to other NRI.

Please guide whether any RBI permission is involved in this and whether physical shares can be transferred between NRIs.?

Early responce is awaited.

Thanks in advance

if a firm's assets is revalued and converted into pvt co under ix of companies Act whether liability of capital gain arises for the firm

WHAT IS THE LIMIT ABOVE WHICH INTERNAL AUDIT IS COMPULSORY

Can Bonus shares be issued out of Revaluation Reserve?

is there any limit for sitting fees paid to director in the company law

) Whether a Non Indian Citizen (Eg. UAE National) can become a shareholder or director of an Indian company (Pvt and public), having object of Echo Tourism ?

2) What are the limitations for Non Indian Citizen (Eg. UAE National) to part of an Indian Company.

3) Whether they can form the company with all NRI Directors.

4) Whether there is any requirement for Resident shareholder/director.

5) Whether NRI can also act as MD of the company

6) Whether any legal limitations for the above activities