This Query has 1 replies
Dear friends,
One of our client company, which is unlisted public limited, has extended loan to a sole Proprietorship Concern, owned by one of the directors of that public company.
Does this attracts the provisions of Section 295 of the Companies Act, 1956?
Please advice.
Regards,
Soumya
This Query has 1 replies
in def u/s 2(40) of companies Act 2013 financial statement includes cash flow statements. Does this mean that cash flow be applicable for private ltd companies (not a small co or a dormant co). if yes does this contradicts applicability under AS ~3, Please advice how to go about dis issue?
This Query has 1 replies
Can a Pvt Ltd company with cash balance, apply for Liquidation under fast Track Exit scheme? If not, can we distribute the cash to the shareholders and later file an application under FTE scheme?
This Query has 1 replies
Dear Sir/Madam,
I request you to please provide the process of getting registered as "registered Valuer" as per Companies Act, 2013.
This Query has 2 replies
Dear All,
A pvt Ltd has 2 direcors and a land is in the name of the Pvt Ltd Company
Now the director want to sell the land of the company and Passess a Board Resolution that they they authorise someone else to sign the selling papers in govt dept
Can they do this,is it legal under companies Act
This Query has 5 replies
Can Unsecured Loan from HUF be Considered as Loan from Directors as Per (New) Companies Act,2013
This Query has 2 replies
Dear Sir, I want to register a new company in Ahmedabad. Please help with the procedure and contact details of any firm that can help me in this. Thanking you. Regards, Naresh Singrakhia
This Query has 2 replies
There is delay in filing of CGH 1. Please provide the format of declaration from the Company signed by its director or secretary that such belated filing shall not adverserly affect the rights of any other intervening creditors of the Company.
This Query has 3 replies
WHAT IS THE PROCEDURE OF ACCOUNTING TREATMENT OF DEP. FOR SOFTWARE INSTALLED IN COMPANY ?
This Query has 3 replies
As per sec.73 restriction of acceptance of deposit(loan) from public including members of company excluding directors if their fnd and certificate.
Issues are;-This sec is applicable from 1-4-14, and clarification received on 30-3-15 from ministry of corporate affairs that amount received prior act is not deposit so need o to return with in year.
My question s in my one of clients company has repaid deposit of its members and also accepted deposit(loan) and repaid during he year. what will be consequences?? How to deal this issues in financial reporting??
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Loan to sole proprietaryship concern