A private limited company with 1 lacs paid up capital wants to take loan from director to meet its short term financial requirements. The amount required as loan is more than paid up capital and free reserves of the company so a special resolution needs to be passed.

My query is - whether we need to mention the amount of loan required to be taken from director in the special resolution or we may pass a general special resolution to authorize the company to take loan from directors to meet short term financial requirements.

When Company Have assets but amount of that same was fully depreciate (i.e no value of that assets in the books) then what is the treatment according to Companies act 2013 ?

Also

Company have assets value in books less than residual value as per Company Act then what is the the treatment ?

Dear Experts,
ABC Limited is having its AGM Due date on 30th April 2015. We are unable to find which e form shall be file with ROC for FY-2014-15. If we go with old forms like e form 23 AC & ACA for B/S and P&L and 20 B for Annual Return what will be a consequences. We are requesting you to guide on this same issue as MGT-7 and AOC-4 is yet to be online.
We had raised same query with MCA, they replied in manner like “kindly seek professional Advice “.
Requesting, please suggest best possible avenue to safeguard client interest and additional fees.
Thanking You

Dear Experts,

What are the differences between a Private Limited Company and Public Limited Company formed under Companies Act, 2013?

Please give your point-wise replies to the above question.

Dear Sir

Please tell me the step wise procedure for allotment of shares in a pvt company. whether we will have to open a seperate account for application money? can't we deposit the amount in the bank account of the company.

can you tell me the difference between the section 130 and 131 of companies act 2013

Hi I want to set up a private ltd company with my family members with parents as directors (since they are the only one who are permanently available in India )

Do directors also have to be shareholders?
Do directors have to be paid a salary?
Do I need a business bank a/c? Does the account need to be set up only after company registration?
Who would be the signatory authority on the bank a/c ?

Whether a private company is required to open a separate bank account as mentioned under provisions of section 42 of the CA, 2013? We can show the allotment within 2 days of receiving application money, but still a company has to go through the procedure of opening a bank A/c? Company cannot use its existing bank account just for the procedure of 2 days?
Kindly also consider urgency of the event.

fourth board meeting in a year could not be held for want of quorum whether amounts to contravention u/s. 173 of companies act 2013 or not? practice manual and munish bhandari differs.please explain

sir any one tell me from which date Depreciation is applicable mandatory thanks in advance