Hi Friends,
One of my friend started a new company with capital of Rs.10 Lakh but he want further Rs.6 lakh which he has taken from one of his friend at interest basis. But without asking he has taken this amount in cash and already deposited in account of company. Using this money for paying regular expenses of company. But income of the company is not started yet. Now what is the impact of it as per company law.

Sir

We have incorporated a new pvt company in feb-2015 but no business has been started yet. No capital has been inserted even bank account has not been opened. Promoters want to start the busniness from next year means in f.y 2016-17. My query is is any compliance need to be done with ROC where only name of the company exist ,no board meeting , AGM has been done so far. Please let me know if any thing need to be file with ROC

Sir
Plz guide me for registersation of new company
What are all the form required to be fill and their charges applicable

Body corporate means any association having seperate legal exitence from its members who forms it. It means we can easily say that for becoming body corporate, there should be association of two or more persons having legal existence. But in OPC is one person entity. In opc only one person is owner of his company.Yes it has legal status but here is not body i.e., two or more perdon. So why OPC is consider as body corporate...?

If a co. Incorporated recently, and it has to appoint first auditor u/s 139(6). Is it mandatory for the company to intimate to the roc in form adt-1. Answer as per companies act 2013

is it Compulsory for small companies to show extract of the annual return in form MGT-9 (sec 92 read with rule 12 of the Act or there is any slab for this??

Dear all,
Kindly send me Format of Directors Report as per Companies Act,2013 for the year 2014-15?

Our is a private limited company and does not satisfy the condition under sec 135 ( 1) of companies act ( Net worth Rs. 25 Crores , Turnover Rs. 110 Crores and Profit Before Tax Rs . 54 lacs .) . In that case whether CSR applicable ? . But our auditor is claiming that CSR applicable to us as 3 years average profit is more than Rs. 5 Crores . ( PY Profit Rs. 5.01 crores , before that Rs.7.25 Crores and Rs.4.46 Crores ) . Please advice wheter we need to comply CSR Rules .

WHAT is the procedure of Registering a Private Limited Company according to company act. 2013 ?

Dear Experts

I am preparing a secretarial compliance checklist for a Private Company. However, when I checked the shareholding details of the company, there is a foreign company holding 98% of the shares of the Indian Private Company. In this case, the Indian Company will become a subsidiary of that foreign company.

My question is: Whether the company will be deemed to be a public company by virtue of section 4 sub-section 7 of the Companies Act, 1956 and provisions applicable to public company will apply. OR will it still be a private company.

Also note, that 10,000 shares are held by the subscribers to the memorandum and the balance by the foreign company.

Regards