What is the Difference between a Trust & Retention Account and an Escrow Account?
Why the earlier is termed as a retention account.

If I have to form a Private company with total of two members or partners, then what are the procedures & total fees payable at various stages.
And, whether only 2 persons involvement is
sufficient while making a company
if yes, then who will be the director, Promoter, shareholder of that company.

Hello friends,
Greeting for the day

I am a CA-Final Student and going to appear for exams in nov. 2015. I want to ask for corporate law which book is better in terms of easy understanding and conceptual clarity. Right now i have ICAI's Study Module. Please refer me any other books. Which helps in learning the things in a better way.

In wait of Your Valuable opinion.

procedure for issue of shares by small private limited co. authorised capital. 5 lac issued 1 lac further want to issue 23500 shares to existing shareholders

Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

Query

Company failed to file necessary forms with ROC for Increase of Authorised Share Capital in May 2014.

Please let me know, what are the Forms Required to be filed on the above matter.


Your reply, please..............


What are the consequences, the company shall have to face for filing the Forms now for Increase of Authorised Share Capital in May 2014.

Your reply, please..............


Thanks in advance for possible replies from all concerned.

Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

Query - Filing of Form MGT-14 for FY 2014-15 for a Pvt Co

What happens, if the company does not file Form MGT-14 pertaining to FY 2014-15 for Disclosure of Directors Interest, Approval of Accounts and Board's Report?

Your reply, please..............


What are the consequences, the company shall have to face, if Form MGT-14 is filed beyond 300 days.

Your reply, please..............


Please advise whether Company shall file Form MGT-14 pertaining to FY 2014-15 (for Disclosure of Directors Interest, Approval of Accounts and Board's Report) and simply treat the matter as closed and initiate steps only, when RoC issues any notice.

Your reply, please..............


Thanks in advance for possible replies from all concerned.

please provide me the detailed procedure for conversion of conversion of private co. in to normal partnership

A pvt ltd company was incorporated on 30-3-2015 in mumbai. Board meeting was held on 7-4-2015. First auditors were appointed and letter of appointment was given to the auditor.

Pl let me know whether company has to file ADT-1 and MGT-14 for the first auditors appointed? And whether First auditors has to file anything with ROC ?

Thanks in advance

If any company files application for the closure of the company under Fast Track Exit Scheme of MCA, will the defaulting status of directors due to non filing of annual returns and balance sheet will get cleared??

or the company have to file Annual Return and Balance sheet before filing FTE form for clearing the defaulting status of its directors ??

Respected Sir/Maam,

I have Vehicle for which useful life mention as per Sch II is 6 Years. But the Same Vehicle was brought 8 Years ago .

My Question whether i should take useful life more then 6 years or Should Depreciate
whole of amount as on Mar 2015.