A LLP since its incorporation has not filed its annual returns and accounts with the ROC and now it wants to close the same. At the time of submission of eForm 24, there is an error for filing the returns. If we see penalties for such non compliance are too high. Is there any way out or clarification for the same? Request your valuable suggestions on the same Thanks

Dear Learned members,

Request you all to Please advice on the following:

A private limited was formed in September,2014 but till it has not opened its Bank account neither it has filed INC-21 nor it has received any subscription money. Please guide me what steps to be taken now and the consequences thereof



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Regards -
Kapil Dudeja

For appointing a WTD in a PRIVATE LTD COMPANY, is filing of MGT-14 needed along with Form DIR-12? Also do I need to file MR-1 ?

Hi

Can Registered Office Address of Holding Company & Subsidiary / Associate be the same i.e. can Holding Company Registered Office Address be used for Subsidiary/Associate Office Address. All offices are based in same city

A company was incorporated in 1996.
At that time shareholders were say... x y z.

Now the company has transferred the shares to A B C... And issued fresh shares also...and at the same time the company was converted from pvt to public....

So can the company decides to issue new share certificate in new name consequent to conversion of company. From pvt to public..

QUERY: what will be the new share certificate number Can we number these new share certificates with new name from 1...

OR is it required to be continued. number. E.g if the old certificate received by A B C on transfer of shares were numbered say 8,9,10... will this new certf with new name be numbered -11,12,13 or - 8,9,10 i.e. it will be given that same old certificate. number

OR- can v number it starting from 1 since they are with new name.

Further whether the folio numbers of these shareholder will remain the same or will it change.

Experts pls express your views

Thanks in advance.

Dear experts

With the implication of schedule II of companies act, most of the assets of the company which have expired their life as per schedule II have to be write off from reserves & surplus. This is a way has reduced the value and nos of fixed assets of the company drastically.

How this will impact the networth of the compnay??

Dear Sir,
Please let me know whether a Private limited company which has applied for change in name in form INC-1 and the suggested name is approved by the MCA, need to file form MGT-14 or not, as there is change in companys name which effects MOA and AOA . and what are the other forms we need to file in MCA for change in name of a private limited company

A LLP has an authorised contribution of Rs.50,000. Such amount is shown as Fixed Capital in the books.

Now there is a current capital of Rs.30Lakhs. Is this permissible under LLP Act?
Also since the total contribution exceeded 25 lakhs is audit also applicable?

Dear Learned members,

Request you to Please advice on the following matters :-

I am in the process of Filing SH-7 for increasing the authorized share capital of a company. Now, I need to know:-

1) Whether filing MGT-14 is mandatory before filing SH-7, in case where company independently increasing its share capital.?

and

2) how can I allot equity shares of a company to the persons other than the existing shareholders/existing shareholders. Please elaborate the complete process.

Thanks in advance
-KAPIL DUDEJA

Dear Sir
If a company is having outstanding Application money for last 2 years, Whether it needs to be reported as an outstanding loan?