what is the section under which the board resolution for the adoption of accounts and the director's report has to be filed in form mgt 14..???...also the section under which the interest of director received in form Mbp 1 Has to be filed in form mgt 14. u in advance

A PVT LTD WAS INCORPORATED IN JULY 2013 UNDER CO. ACT 1956. IT HAS NOT INFORMED ROC ABOUT APPOINTMENT OF AUDITOR TILL DATE..NEITHER THE AUDITOR HAS INFORMED ROC..

MY QUERY IS THAT AS WE KNOW THAT NEW CO ACT 2013 IS NOW APPLICABLE.. WHICH FORM TO BE FILED WITH ROC,, FORM 23B OR ADT-1??

in a private limited company there r two directors and in a BM on 31 st july they propose to add a new additional director on availablity of DIN. Now the DIN is received by this new proposed director . can this company add the 3rd director as on date or it needs to host a Bm again .

Hi, I am presently,a 50% shareholder in a pvt ltd co. I plan to sell my 50% shareholding and begin my own business.

I would be in the business of imports and exports, and would also be earning direct income in form of commissions.

My trading turnover projection would be near Rs.40 crores in the next 2-3 years.

I would like to avail of buyers credit and overdraft facilities from the bank, and would be giving my personal assets like office and warehouse to the bank as collateral.

Please advise, what would be more beneficial
viewing requirement of bank credit and smooth operations .Should i establish as LLP or a Company ?

Which would be more tax friendly .

I plan to have myself and my spouse as 50/50 contributor in either the company or the LLP.

Kindly guide the best way forward.

Is it mandatory to appoint Statutory Auditors for five years under Section 139 (1) of the Companies Act,2013 for a private limited company having paid up capital of Rs.10 Lakhs.

Section 139 reads as follows Every company shall at the first Annual General meeting appoint an auditor who shall hold the office from the conclusion of that meeting till the conclusion of the sixth annual general meeting.

Here is that First AGM held after incorporation or First AGM held after the Commencement of the Companies Act,2013?.

Regards,
Vidhya
Company Secretary

Are penalties u/s 147 in addition to punishments under respective sections; that it covers?

Private Limited Company having Authorized Share capital 25,00,000.00 and paid up capital 24,82,000.00. Last year's turnover is above 3 crores. Form the very beginning i.e. from 1989 the same Statutory Auditor Firm have been appointing as Auditor. Now the question is whether that firm is eligible for their re-appointment for that company for the Year 2014-2015?

Hi Experts,

Can we take note of resignation of a director through passing circular resolution, as per CA Act, 2013?

And apart from DIR-11 and DIR-12, what all forms are required to be filed with ROC for said purpose.

Thanking you in anticipation for your valuable advice.

Dear Sir,
I am Auditor of one Pvt. Ltd. company incorporated in Dec'13. company appointed me as a auditor in first AGM held on 05/09/2014 i have completed my audit. but now my question is whether Annual Account has to be Approved in EGM or it should be approved in AGM only. what step we have to be taken regarding this issue.

Is there any in the change in the requirement for compliance certificate due to the companies act, 2013, as previously it was required for a company having a paid-up capital of Rs.10 lacs or more.. .and also is there replacement of form 66 with any other form?? plz reply