Sir

I am doing audit of company.
I had found that
company has taken two car on loan and given to his employees for their business purpose in September 2015.
till today company has not created index of charge.

whether Company have to register a index Charge?
As an auditor Shall I have to make any comment in my report?

RESPECTED SIR,
IN CASE OF CONTINUOUS PROCESS PLANT THE USEFUL LIFE OF PLANT AND MACHINERY IS 25 YEARS.
SIR, WHETHER THE CLAUSE OF 5% RESIDUAL VALUE OF ORIGINAL COST IS IN FORCE OR NOT ? AND WHETHER EXTRA SHIFT DEPRECIATION WILL BE CHARGED OR NOT ?
PLEASE GUIDE ME
WITH REGARDS

Sir,
Thanks a lot for your advise.
But I am still confused .So please correct me.

Can I furnish bank statement as current address in INC 7
and passport with the old address as Permanent address in inc 7 and DIR 12 . WILL MCA ACCEPT THE SAME.

In Inc 7 address proof requires only 4 doc

But one of my client have got
passport , will it be suffice the requirement

Sir,I want to establish a private limited company having both business & social objectives .Can it fall under section 8 or follow the procedure of normal private limited company thanking you

Dear Members,

I have two queries related to unsecured Loan in private limited company.
1. Is there any Limit related to maximum amount of unsecured Loan from its Director & relative.

2. Can Pvt. Ltd. company accept Loan from its Shareholder's Also.

Please answer early, its Urgent.

Thank You

Actually I need resolution to change Aoa subscription sheet as there is mistake in details of directors. Eg.therer name, address only photos are correct and other details are wrong director now found the mistake.and need to change Aoa signature sheet.please guide me procedures also?

Is there any time limit for allotment of share application money received by PRIVATE LIMITED Company as per Companies ACT 2013.Also whether that money can be utilised by the company for other purposes.


Pls reply

Thanks in advance

As per section 139(10) where at AGM, no auditor is appointed or reappointed, the existing auditor shall continue as auditor. My doubt is if the company is listed one, and 139(2) rotation of auditor applies and auditor individual has completed 1 term of 5 consecutive year and hence cooling period is 5 years. Suppose in AGM no auditor is appointed or reappointed then when will happen. Will section 139(10) still applies. I find it very contradictory. Help me

While Registering DSC on MCA portal there is error msg pop out " CERTIFICATE HAS NOT BEEN SELECTED" I already performed the procedure of adding the sites in JAVA application, That part is done but showing new error as written above. kindly hlp