Hi , i have a query regarding Related party transaction

The situation is our client is a Director of a Company ,Example CWC Company, now his son who is neither a Additional or Managing Director draws Salary in the concerned company. The Director also draws Salary.aliadte

* Now my question is the Director Son Drawing salary allowable?
* Does it require a Board Resolution ?
* Any consequences ?

Can u please validate the above query with relevant supportings and Section!

Thank you,
AQM

Please help, i have applied for company name reservation through form INC-1 on 1 Sep. 2016, the same is valid for 60 days and should be expired on 31st October 2016, however i have filled my other form for incorporation on 27th October 2016, and it is in process and pending for approval, please help i need to extend my reservation period further as the same process is being late, what be the step be me for further process.. please help

Dear Experts,
Pls clarify weather pvt. Ltd. Company can accept the loan from its director who is holding 50% share also. If so? What is the procedure,

Regds
Anuj Shrivastava

Hi,

Shall a Signing authority is authorised by broad to sign any document or agreement? or an Authorisation Letter is sufficient by the board of Director,.?

Dear Seniors,
Pls guide me can A pvt. Ltd. Company provide the loan to its directors who is also shareholder if yes what is the procedure of loan given to director/shareholder

Also tell me weather full loan amount will be treated as deemed dividend in the hand of directors/shareholders,
Pls clarify the same.

Regards
Amit Rathi

Dear All
Can any one to pls let me know the
Procedure & required forms to conduct AGM of pvt. Ltd. Company

Regrds
Ashish Nigam

Dear Experts,
Pls clarify what is the penalty provision in companies act. 2013 On delay in ROC filing

Regards
Subhash

Respected sir,

A company is incorporated on 21-11-2015, according ly the 1st AGM can be held within in 9 months of closure of its Finalcial Year which is 31-03-2016 accordingly the due date for the AGM is 31-12-2016 is my contention is correct, please suggest me sir.

Best regards,

Narasimha

A private limited company incorporated 11 years back and purchased land and shown in balance sheet then. There after there are no transactions except audit fee roc fee and miscellaneous expenses. Now the auditor says that no p&l account is required and filing only balance sheet with Roc & I T dept. He is showing the expenses as pre operative expenses in balance sheet. soliciting the correctness of the auditors opinion.

REQUIREMENTS FOR FILING OF ROC RETURNS