CAn 3 Non Indian Citizens form Indian Company ( Private Limited)?? Is it manadatory to have an Indian Citizen as a director ?

Which forms will applicable for FY 13-14.
what process should be followed.? if the company is incorporated 24-2-2014 what will be the due date for filling annual forms?

we appointed one person as additional director in a private limited company and now want to appoint as regular director my two queries.

1. Can we appoint as regular director not liable to retire by rotation ?
2. whether it is necessary to accept deposit of Rs.1,00,000/- from such person

First of all, let me apologise you all for deliberately posting in a wrong forum. I did this to reach large numbers of qualified CS professionals.

On 25th August, 2014 I completed my CS. I just want to know whether getting a job in a corporate house in Mumbai for an entry level qualified CS with just 15 months of Management Training experience difficult ?

Please guide me so that I can get a job as soon as possible. I don't wish to work with a PCS as they pay poorly and micro-manage more. Even they don't treat well.

I have not yet got my membership number as MSOP (previously known as SMTP) is yet to be completed. I have not done my LLB. Will this be an impediment ? I have planned to start it from next year.

Please talk from your own experience.

Regards,
Karishma

i want to ask that if a company want to issue new shares to persons other than existing share holders whether company is required approval of existing share holders as per new companies act 2013

In case of Private limited company having paid up capital not more that 10 lacs and no borrowing , Auditor to be appointed for a period of 5 years and whether his remuneraion to be fixed at AGM or give authority to Board of Directors for deciding remuneraion ?

Hi,

There is a clause in a Supplier's Manufacturing Contract as below

"In any case liability of Supplier as indicated in this clause, and clause for Warranty and for this GPA, shall not exceed Rs. 1.5 Million (Rupees One and Half Million only) per calendar year."

The supplier wants this clause to be edited for ensuring that there is no carry forward of liability. As in, if on 1.4.2014 the liability was Rs. 1 Million, then for the balance period it should be only Rs. 0.5 Million. Similarly, if there is no liability for current year, then there should be no carry forward of un-used liability and the maximum liability next year should be Rs. 1.5 Million only and not Rs. 3.0 Million (1.5Million of last year and 1.5Million of current year).

Please advice.

WHAT IF RESOLUTION FOR APPROVAL OF ACCOUNTS IS NOT FILED WITH ROC ???CONSEQUENCES??PLEASE REPLY

Dear Team,

As we aware that there are amendments in Company Law. Can anybody list out the changes in Company law and what would be the impact on our accounts and audit specially related to IPCC? Or Can we study the same Law upto Shares and debentures and accounting treatment would be the same?


Regards
ANIL N BORSE

CAN ADDITIONAL DIRECTOR BE APPOINTED BY PASSING ONLY BOARD MEETING IN PVT. LTD. CO. AS PER CO. ACT 2013??

FOR THAT IS IT MANDATORY TO FILE MGT-14??

PLZ ADVICE...