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what benefit when a proprietor ship business convert into company
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Dear Sir,
We have not filed mgt-14( Director's Disclosure) in time year 2014. The time is over 300 days. Now I want the format for filing the Petition. Pls. guide me and send the format.
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For filling MGT-9
Form for report ...
WHAT IS THE NIC CODE FOR
"CASHEW NUT SHELL OIL" ??
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Sir, As per Companies Act,2013, From the date depreciation schedule comes into effect, the carrying amount of the asset as on that date - a) shall be depreciated over the remaining useful life of the asset as per this schedule; b) after retaining the residual value, shall be recognised in the opening balance of retained earnings where the remaining useful life of an asset is nil. Can we reduce the residual value from the carrying amount as on 01.04.2014 and calculate depreciation on that amount on the basis of useful life of the asset or we should charge depreciation only on carrying amount of asset as on 01.04.2014 without reducing residual value?
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Can a private company accept unsecured loan from HUF of promoter OR director.
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Dear all,
Kindly guide me what provisions regarding depreciation need to follow under Companies Act,2013?
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As per Notification no.G.S.R.464(E) dated 05/06/2015, clauses (a) to (e) of subsection (2) of section 73 shall not apply to a Private Company which accepts from its Members monies not exceeding 100% of aggregate of the paid up share capital and free reserves.
As per sub-rule 3 of Rule 3 of Companies (Acceptance of Deposits) Rules, no Company referred to in sec 73(2) shall accept or renew any deposit from its Members, if the amount of such deposits together with the deposits outstanding as on date of acceptance of such deposits exceeds 25% of aggregate of paid-up share capital and free reserves of the company.
So what is the maximum amount of deposits that can be accepted by a Pvt.Ltd.Company from its Members? Is it 25% or 100% of paid-up capital & free reserves?
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Can any body please share the drafts required for passing of resolution by circulation.
thanks
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Dear Friends / Experts,
Please guide me on the following, IF POSSIBLE:
A Private Limited Company had AGM on 30/09/2014.
Company has Three Directors-cum-Three Shareholders.
Two Foreign Directors (each holding 5,000 and 4,999 shares) and
One Resident Director (holding 1 share only).
One Foreign Director holding 5,000 Shares, Resident Director holding 1 Share personally attended the AGM on 30/09/2014.
Query
Please confirm, whether the AGM convened on 30/09/2014 with two Shareholders personally present is valid or not, as their shareholding is 5,000 Shares and 1 Share respectively.
Note: Proxy for another Foreign Director, whose holding is 4,999 Shares.
Your reply, please..............
Thanks in advance for possible replies from all concerned.
This Query has 5 replies
Can an additional director can be regularised in EGM?
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Company conversion