In a Private limited company there are 4 shareholders including a partnership firm. And now the composition of partnership firm has been changed and a new partner has been included. My query is whether we have to fill a new share transfer form for inclusion of the new partner ? And what if the partner is the director of that pvt. ltd. i.e what will be the consequence? Pls advise asap.

I HAVE RECEIVED FOLLOWING MAIL FROM MCA REGARING INCORPORATION OF PRIVATE LIMITED COMPANY his is to inform you that in terms of Rule 10 of the Companies (Registration Offices and Fees) Rules, 2014, the Form SPICe(INC-32), Form SPICe MOA(INC-33), Form SPICe AOA(INC-34) dated 05/08/2022 filed by you has been examined and marked as Sent for resubmission with the following remarks-

1. Provide the significance for the proposed name "MRS".
2. The address mentioned in the SPICE+ is incomplete viz.
not having vital details like House no. / Flat no. / Plot no. / Road / Khasra / Khatauni etc. Provide precise
location details to enable service of documents at the mentioned address. Attach another documentary proof with
complete address along with NOC. In case of rural areas not having exact / precise location in the utility bill,
start with C/o (owner of the premises) in the registered office address details.
Please share how to resubmit the form again and how to mention name significance.?

Can a Company redeem its Optionally Convertible Preference Shares (OCPS) at Discount, if so what procedures need to be followed and what are its requirements and limitations.

A company was incorporated  in May 21. Post that, Due to conflicts between the directors the company, all of 3 directors refused to pay any amount. 

Further,

No Current account is opened

No Commencement  of Business was filed 

1 director had resigned in December 21 and another in July 22. 

What can be done in such case?? 

Hi All,

I need a clarification regarding issuing AGM Notice.

Eg:-
A Pvt Company Approved the Draft Financials on 20/07/2022 and Forwarded the same to the Auditor for Signature. Auditor signed the Financials on 23/07/2022 and issued Auditor Report along with the Signed Financials.

Can a Company Send AGM Notice dated on 20/07/2022 along with the Draft Financials signed by Director and without signed Financials by Auditor and Auditor Report.

Kindly Clarify and suggest me.

Sir
Can anyone provide main object clause for import export,trading of medical equipments

Dear my client received a notice from ROC under sec 248(1) for strike off the name of the company for he reason that the amount of subscription undertaken to be paid by the subscribers in the MOA has not been paid and the declaration for the same not filed with the RCO. The fact are
as under:

The company (Pvt td) incorporated in oct 2019 and not conducted any operations/business since incorporation and not filed the declaration under sec 10A regarding subscription.
The company wants to strike off the name. The annual return and financial statements for 2020-21 are duly filed.
Can I straight away reply the SCN stating that the company wants to strike off the name without mentioning about the reason for non filing declaration pursuant to sec 10A.. Or do I need to apply for compounding the non compliance of filing of declaration under sec 10A in this case . Please share your views. If anyone has a format of reply available on this point kindly share.

Thanks
P.C. Joshi

One of the clients due to lockdown and financial issue unable to commence the business in last couple of years not even filed Inc 20A till now, ROC issued form stk1 due to non commencement of business after 180 days from the date of incorporation, how to handle this complainces with ROC to remove the company name in ROC

Our company is a private limited company and had taken loan from Co-operative bank for purchase of vehicle under security . And now the company is required to purchase the shares of the Bank . Do we have to take approval from members ? And is there any compliance to be done under Companies Act, 2013 or any other provision. Kindly guide urgently.

can a private limited sold with 94% shareholding. what are the provisions under Companies Act, 2013 to sell a private limited company. Which forms we have to fill for this process?