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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
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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?
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Is a nominee director a member of the Company ? I mean do we enter their name in the register of members?
Thank you all.
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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
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R der any restrictions on paymt of remuneration to managerial personnel for pvt ltd co.? Plz do give reference to section
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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.
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My question is whether prouducing of minutes copy can be denied on the ground that the same is not public document. This query relates to concurrent audit of a listed company in which company borrowed loan from bank. I wanted to know whether the proposed proposal was approved in Board Meeting or not. For this purpose can I demand copy of Minutes from bank or company.
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Format of Board Resolution to be passed for filing of DPT -4 with ROC .
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There is a increase in Authorised Share capital of a company on 31/03/2014 and whether now it can be filed with ROC? if not please post what to do?
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