Hi all
I have a query in relation to section 181 of the Companies Act 2013. Suppose a company had made a contribution to a charitable fund covered under section 181 of Co Act 2013, the amount of which was within the limit of 5% past three years average profit.Consequently, no prior approval was required in the general meeting. Now the company wishes to make additional contribution, the amount of contribution made earlier plus amount of contribution proposed to be made exceeds the limit of 5% past three years average profit.
Does the company need to ratify the former contribution made and take approval for the proposed contribution in the General Meeting?

Dear Experts,

Kindly provide me Board Resolution for Creation of Charge and Satisfaction of Charge as per Companies Act, 2013.

Thanks a lot for doing the needful.

Dear All,
1. What is the difference between firm &
Company ?

2. What is the difference between partnership firm & proprietor ship firm?

can private limited company can become propritor? pls reply with example

In publice ltd. company all directors have been resigned. Now for appt. of new directors no any director is ready to affix his DSC. So how can new directors can be inducted on the board?
Please reply.

What are the different forms required to be filed to MCA portal during the year for a private limited company?

what is the depreciation rate for thermal power plant used for captive consumption by a textile company. please suggest.

Sir,

There exists a controversy between sec 185 of the new act & sec 372A of the old act. In case of loans from & to Pvt. Ltd companies, which sec shall prevail?

Whether a Pvt. company give loan to another Pvt. company in which wife of director of the 1st company is a director i.e in case director has interest in the 2nd company?

Whether explanatory statement under section 102 needs to be disclosed in the case of board meeting

Can a Director paid a expenses from his personal account on the behalf of the company and after that he will received the reimbursement from the company????????


if experts ans is No,,,then please give me some advice's, how i treat this transaction.

and

if experts ans is yes, then please tell me any compliance file to MCA regarding these transaction????