One of our client wants to set up a business of providing consultancy services in India. The name of the proposed business is similar to a company set up in Miami. Can he register his company in India with the same name as of company in Miami??? Please help....

A firm has an outstanding loan . Later on firm is converted into Pvt Company . Is it necessary to create charge ?

DEAR PROFESSIONALS

I HAVE FILED GNL2 IN PLACE OF ADT ON 10/12/2014 AND ADT 1 WAS NEVER FILED. BEING UNAWARE OF THE FACT THAT ADT1 WAS UPDATED ON 20.OCT.2014. NOW AT THE TIME OF ANNUAL RETURN FORM AOC4 ERROR SRN OF FORM GNL 2 IS EITHER NOT FILED UNDER OTHERS OR THE DATE OF FILING IS NOT BETWEEN 1.04.2014 TO 20.10.2014.

NOW WHAT REMEDY DO I HAVE. OR I NEED TO REFILE THE ADT1 FORM WITH ADDITIONAL FEE OF RS. 500 PER MONTH.

KINDLY GIVE YOUR EXPERT OPINION.

dear experts

we have create a new pvt ltd company on dated 02/09/2014 and whose date to appintment of ca in this company and whose date agm filling roc return

Dear sir,

A private ltd company incorporated in Oct 2014 has appointed auditor for 5 years and filed ADT-1 during the first year of the company.

My question is whether i have to file ADT-1 every year though the auditor is appointed for 5 years or ADT-1 is not required to be filed .

Pls reply at the earliest.
Thanks in advance

R H Mehta

I have a query:-
In a company there are three directors,
1 - Indian Director
2 - Foreign Director

All of the above three directors do not hold any shareholding in the company. The shares are held by foreign entity (company)

Indian Director stay in India and out of 2 foreign directors, one foreign director regularly visits in India. Other one foreign director stays abroad and never visits in India.

My question is how the board meetings would be conducted.

1. Can we have all four board meetings on teleconference.

2. Do we need to have board meetings when one foreign director and one Indian director is present in India.

3. If the other foreign director who do not visit India, should be present in any one of the four meetings, that is held in a year.

4. In AGM, can One Indian director and one foreign director who visit India can hold AGM and whether the share holder foreign company representative to be present in AGM

5. Whether AGM can be held on teleconference, without manually present.

If the carrying amount as on 31.03.2014 is less than 5% of original cost, should we adjust the difference with the opening balance of retaied earnings or take the asset at the residual vaule of 5% of orinal cost as o 31.03.2015?
what is the treatment with explanation?
Example
Original cost of asset - Rs 1000
Carrying Cost as on 31.03.2014- Rs48
Useful life of asset sch II- 10 years
Purchase date of assset - 1.3.2000
Residual value- 5%1000 = Rs.50

what is the treatment??

what should be the time limit for appointment of auditor in case first financial year ends on 31 march 2015 and consist of 13 months i.e. company incorporated in march 2014.

Dear Sir, I am trying to update DSC of one of my clients. But after typing the Mother's maiden name, following error occurs: "Errors Details provided do not correspond to the DIN/DPIN. Please ensure that the entered details are as per the DIN/DPIN application.You may contact the company/LLP wherein you are a director/Designated Partner/Authorised Representative in case you do not have your DIN/DPIN application details. " Please help.

what is time limit of receive subscription money by private limited company?
please if know give applicable section also