Dear Sir,

This is with reference to the subjected matter. Section 203 of Companies Act, 2013 and rules thereon for mandatory requirement of Chief Financial Officer is not applicable to Private Limited Company and as per Section 2 (19) of Companies Act 2013 Chief Financial Officer means a person appointed as Chief Financial Officer of Company.

My query is that we have appointed a person as a Chief Financial Officer of the Company before the applicability of Companies Act 2013 and not by the Board of the Company.

In this case, Please suggest which option we are required to be adopted:

1. If that person is using the designation as a Chief Financial Officer, we need to change his designation?
2. We need to regularize his appointment by the Board Meeting.
3. He can use the same designation (Chief Financial Officer) without any appointment in the Board.

Please let us know your valuable comments on the same.

Dear Sir/Madam,
cab remuneration paid to Whole Time Director is considered as Related Party transaction.

sir need questions for practice for ca final may attempt of amendments in corporate and allied laws and audit too...with solutions please sir help me wid this the practice manual and study material are nt applicable for this...so please help.me oit in this

Respected CA/CS sir, There is a public company under incorporation.
Wen I am filing INC 7, I need to give 7 subscribers details along with 3 directors.
And in name field of subscriber "Surname" is mandatory to b given, And One of the subscriber of the company have no Surname as per his pan, bank statement, voter id.
If we give false surname then it is also required to verify with pan details, so pan cant be verified if we mention false surname?
What can be the solution to make subscriber having no surname in INC 7?
thanks and regards

There is a Pvt Ltd Co. There are Six Share holders in the company. The company wants to increase the Authorised Share Capital. What is the exact procedure now.

Thank you SIR for the reply. It is clear to me now. One more question Sir, What is the process of distributing these increased share capital among the existing share holders

sir,

in new format of moa and aoa there is a space against name of each subscriber for the signature of witness.
my query is whether same witness can sign against all subscribers?

The Company incorporated on 27.02.2013 and First FY is 27.02.2013 to 31.03.2014 i.e around 13 months. Can the AGM of the Company be held on 15.10.2014. and date of Balance sheet signing be 15.09.2014.
Pls guide & also what can be last due date for the AGM.

Does an agreement already entered into years before requires to be ratified according to the provisions of the Companies Act 2013??

i have incorporated a company on 29/08/2014
kindly tell me which compliances are required to accomplish after incorporation

a person who is a ca in practice is a director of subsidairy company,whether he can be appointed as auditor of its holding company????????