Dear Experts,

Kindly let me know whether Form MGT 14 needs to be filed in case of appointment of WTD in private company? If so, let me know the refered section.

Thanks in advance

Dear Experts,

Since CSR is applicable from F.Y.2014-15 onwards it will be compulsory for the companies to contribute for the same.

I have some query in this regard and for the i m requesting for your guidance.

1) Whether CSR will be applicable to a company who has crossed net profit in last year only? e.g. net profit for F.Y.2011-12 - Rs.4.00 crore, for 2012-13 - Rs. 4.70 crore, & for 2013-14 - Rs. 5.60 crore.

2) Is it compulsory TO PAY CSR or only PROVISION is enough? Can we pay it in next financial year?

3) What are the notified institution where we can pay our contribution towards CSR?

If co. Is Registered under Comapanies Act 1956, nd i want to add one clause to the object clause of the company , whether the MOA has to be reprint as per co. act 2013 or old MOA along with altered clause will suffice to file MGT-14 with ROC.

Appointment of a whole time director in ABC Pvt Ltd.
Category to be selected while filling DIR-12.
Option Available. 1. promoter 2. Independent 3. Professional

1. cannot be selected as he is not the promoter.
2. independent cannot be selected provisions of section 149(6) are not being complied.

Professional means a CA, CS
Which option to be selected to file DIR-12

Section 160(Right of person other than retiring directors to stand for directorship) of Companies Act, 2013 is applicable for appointment of a independent director in EGM ?
Company is Public Company.

I appreciate if answer is given in details.
Thank you.

can a private company issue unsecured compulsorily convertible debentures? as per the deposit rules, deposits does not include secured debentures. Does this mean a private company cannot issue unsecured debentures ? otherwise it will be termed as deposits and private companies anyways cannot accept deposits. please help

We have a closely held private Ltd. Company. One of the directors/Share holder wants to retire because of age and wants his share to be paid to him. Can the company reduce the paid-up capital and pay the proportional value in cash from reserves and the share capital etc.

Respected sir,
What is the time gap between two consecutive further issue as per section 62 (1) of the companies act 2013? Is there any restriction regarding the further issue of share capital. The company wants to second further issue of share capital within same quarter. Is it possible?

Propwrietor of a firm can be changed if then how. What is its procedure?????

For bonus issue while filling the form MGT-14 the purpose of filling the form does not mention the category of issue of bonus (section 63) and if we choose purpose others under companies Act,2013 it will go under STP so kindly mention which purpose to be selected in the form MGT 14