If a partnership/proprietorship is converted into a private limited company and assets are taken over at wdv to firm/proprietor,then how to decide the following:

1)Useful life of the assets taken over?
2)Cost of such assets?

Company A has obtained OD of Rs. 1 crore u/s 293 of Companies Act 1956 where as its authorised capital is Rs 10 lacs. In the month of january company renew its OD limit. In January 2015 company renew its OD without any change in its limit. Whether the company has to pass any special resolution for such renewal u/s 180 of Companies Act 2013 ??? Does it has to file MGT 14 with ROC???

Dear Expert,

I need the following info
a. List of directors as on date
It is possible get it from MCA website if so how?

I got list of signatories from MCA but it is showing only some of the directors.


How can I get the list of all directors as on date?

plz tell me d best book of corporate law which will help me at ipcc also as am doin bcom(h),n m havin corporate law as a subject so m confused plz help me out

Case details:-

Company has Share application money (pending allotment) for the years ending 31.03.2012, 31.03.2013 and 31.03.2014.
Now Company has received a Show cause notice from ROC dt-23/12/2014 stating that there is a violation under section 205C of Companies Act. Because company has neither filed a form 5INV nor has done any treatment for the same in the previous years.
Acc to me now that the money is in the balance sheet for so long, it must be considered under the definition of Deposits.
Query:-
• Can I allot the shares?
• If yes, What is going to be the procedure?
• If no, what is the possible outcome?
• If it is a case related to Deposits, what is going to be the procedure for Refunding?
• Which form is required to be filed with MCA?
• What will be the rate of interest?
• How much Fine penalty will be attracted under Companies Act, 2013 for the same?

Is a nominee director a member of the Company ? I mean do we enter their name in the register of members?

Thank you all.

Can a company apply for DIN on behalf of the Person to be appointed as an additional director of the Company.

Dear all
I have a client who is a proprietor and he wants to covert his business into company so,please any one mention how to incorporate a company in practical way as per companies act 2013 with procedure and sections

R der any restrictions on paymt of remuneration to managerial personnel for pvt ltd co.? Plz do give reference to section

Dear Sir/Madam

If the retiring auditor has expressed his unwillingness to be reappointed in the next AGM whether it will be treated as casual vacancy (Resignation). If it is a casual vacancy what are the procedure to be followed in filing necessary forms to ROC.