1. u/s 164(1)(f) if a director of a company is having shares of such company that are not fully paid up & 7 months have also been elapsed from the last date to pay the call money. whether such director is disqualified? if yes, then does this disqualification applies for such company only or for All/any other company? 2. u/s 161(2) An alternate director (Mr z) has been appointed in place for a director(Mr A) who has taken a leave and going outside India for more than 3 months. can Mr z be appointed as an alternate director for a director (Mr B) of such company who is also on vacation for more than 3months? if No, can Mr Z become a alternate director of All/any other company? kindly reply.....

Dear friends I m trying to update DSC of one of my client how had already register his DSC as director. Now he is not the Director in any company and wants to register his DSC as practicing professional. But MCA site shows the DSC can not be registered as it is already registered as DIRCTOR'S DSC. how can I register his DSC as CA.

REGARDS
DEEPAK

Hi,
While uploading Company formation forms i.e. INC7, DIR 12 and INC 22, after uploading following error message pops up:
" designaiton is missing in table ZNCA_DESG_REL. Please maintain."

I am unable to understand the meaning of msg. Ticket has been raised. Talked even to the helpdesk. They are not yet able to solve the problem.

Any idea about this or anybody has faced similar problem? Seek advice.

CA. KK Jha
Kolkata

company k buyback la time 1 year hi kyu hota h

why should company make capital redemption reserve

Can special resolution for variation of a particular class of shares under section 48 of Companies Act 2013 be passed in AGM or is a separate meeting of members of that class is required?

30th May 2016

Dear Members

During the year ended 31st March 2016, a closely held public limited company has arrived at a Net Profit of Rs.6.00 crores. The company was operating from a leased land. The owner of the land had forced the company to vacate the land. For vacating the land the company during year ended 31.03.2016 had received an amount of Rs.5.00 crore as one time compensation from the owner of the land. The said 5.00 crores received  is being disclosed in the statement of profit & loss as an execeptional income.

My query is whether the company has to comply with the provisions of Section 135 (corporate social responsibility) for year ended 31.03.2016, since the net profit is more than Rs.5.00 crores. I request the forum members to clarify.

with regards

Muralidharan

Difference b/w receiver and liquidator

Dear Expert, What is the meaning of Principle of proportional representation as provided for the appointment of directors under companies act,2013

Please suggest! Thanks in advance! If A limited has 100% holding in B limited and 100% holding in C limited, and B Limited holds 51% shares in D Limited and the rest 49% shares are held by C Limited. Will D Limited be treated as wholly owned subsidiary of A Limited. ?? M sure, D Limited will be a subsidiary of A Limited by virtue of being a subsidiary of B Limited. But will it be a wholly owned subsidiary as well??