A private company accepted deposits from partnership firm in which one of partner is shareholder and director in the company. please let me know whether company can accept deposits from a partnership firm in which a director is a partner?

Sir

A Pvt ltd Co has two directors and same are the shareholders of the co.

Now the co want to allot shares to only one director. Is it possible as per new Act ?

If yes can anyone tell me the exact procedure which should i follow ?

Thanks in anticipation

If a computer is purchased for Rs 20000 on 20.12.2014, then depreciation for this accounting year 2014-15 would be taken for the period of use.
As per schedule II useful life will be 3 years. so depreciation will be(cost -residual value)/3 years.
But what would be depreciation taken for 2014-15?
will it be (20000-0)/3=6667.
For 14-15- 6667*102/365=1863.

Please suggest main objects clauses for MOA of Online health care services/medical coding company.

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.