as now from 01/04/2014 company cannot accept deposits/loans from shareholders.
interest accrued on unsecured loan(accepted before 01/04/2014) which is not considered as deposits is yet not paid.
does it considered as loan /deposit accepted during the year.
actually its o.s expenses payable.
please give your suggestions.

Dear Sir/Ma'am,

I would like to confirm the applicability of schedule II of Companies Act 2013.Is it mandatory for F.Y. 2014-15 or there is some relaxation?
Secondly, whether the component method to be followed in depreciation applicable in FY 2014-15?

Please anyone answer my following doubts:-

1. If address given in the incorporation form i.e. form INC-7 will be the address of register office of the newly incorporated company, in that case do we need to inform to ROC about address of register office of company in form INC-22?

2. If one of proposed director don’t have landline number then what shall be mention in field called "LANDLINE NUMBER" of proposed director in form INC-07? this field is mandatory field.

3. In clause number 7 of form INC-07 where particulars of first subscribers need to be given- In that one field called "Name of the entity" what we have to write in this field?

Thanks in advance.

what is the difference between shares and securities?

Can a private company issue unsecured debentures as per companies act 2013??

Dear Experts,

ABC private Limited have appointed one additional director Mr. X in the BOD of the Company. Now Company wants Mr. X will be on the Board of the Company and members does not rose any objection and they are ready to regulariise Mr X. in the AGM. Now question arise that, Do Mr. X have to give Rs. 1,00,000/- as an deposit with the Company ?

Kindly through some lights on this query and do the needful.

Thanking you.

While filling Form INC-10 I come across following doubts:-
1. While attesting the photograph, do attesting authority has to sign and stamp on the photograph, if stamp need to be given on photograph than what type of stamp need to be used?

2. Where to mention the address of attesting authority?

3. Are attesting authority and witness are same person, if not than what type of details of witness need to be given?

Please anyone answer my above doubts.

Thanks in advance.

Co has allotted shares and the stamp duty on allotment is around Rs. 2 Lakhs. How should we pay this in Mumbai?

Is it e-sbtr or any other option?

Dear All,

Please provide me draft board resolution for adopting Corporate Social Responsibilty Policy and a draft Directors Report of Small Company.

An early reply is highly appreciable.

Thanks in advance

Dear expert,

I have incorporate a company in November 2014, but got my certificate of commencement from January 2015. My query is in this case what will be my financial year ending date?? is it 31/03/2015 or 31/03/2016??help me its urgent.