Arun Thomas
This Query has 1 replies

This Query has 1 replies

Dear Sir/Madam,

Kindly go through the following cases and advice me ASAP.
Case1: Mr. Rajeev is own & running a sole proprietorship firm CAP TECHNOLOGIES since the year 2006. It is having a Panchayath License only. The proprietor is having a PAN
Case2: Mr. Kumar wish to purchase CAP TECHNOLOGIES @ Rs. 5000 on 26/06/2014; to use it's existence, goodwill & experience from the year 2006. He have some work order in his mind - which requires past 5 years balance sheet of CAP TECHNOLOGIES.
Case3: Mr. Kumar wish to transform this CAP TECHNOLOGIES into a Private Limited Company under ROC India w.e.f. July 2014; with his friend Rakesh. Share capital ratio among Kumar & Rakesh is 99:1 = 100%.

Kindly advice me on:
1)Take over of an existing sole proprietorship. If Kumar make the purchase, did the entity loss its existence & previous financial history. Whether Kumar needs to register it as a new one. Kumar prefers on the continuity of the proprietorship.
2) Tranformation of it into a company. In this case also, Kumar prefer the continuity of the Brand name.

Thanks and regards
Arun


Simranjeet Singh
This Query has 2 replies

This Query has 2 replies

26 June 2014 at 10:11

Place of board meeting

Can a board meeting be held out of india as per the new companies act 2013



Anonymous
This Query has 3 replies

This Query has 3 replies

Hi,
I have a private limited co with three other directors. Now I want to quit from this business, I want to know how can i transfer the shares - option1 - Buy back by the co and share reduction, option2 - Selling my shares to other director. I want to know the price at which i can sell and the taxability in both the option in the hands of buyer and the seller.
Thanks



Anonymous
This Query has 6 replies

This Query has 6 replies

25 June 2014 at 12:44

Agm

can AGM be held on sunday if a resolution is passed in which all the shareholders agree to the same .



Anonymous
This Query has 1 replies

This Query has 1 replies

25 June 2014 at 11:02

E-form inc-21

In e-form INC 21, particulars of stamp duty payment has to be filled in clause 5. In case of private limited company, which amount has to be filled up the said column,ie., stamp duty paid at the time of incorporation or zero should be filled in.


k.c. palai
This Query has 1 replies

This Query has 1 replies

25 June 2014 at 10:57

Loans to private company

Dear Learned Members,
Mr. A is a relative of a Director of a Private Company, PQR Pvt Ltd. Mr. A has given a loan of Rs. 1 Crore to the Company at different dates but all before 1st April, 2014. As per the Companies Act, 2013 all loans given by a Shareholder or a relative of a director to a Private Limited Company before 1st April, 2014 would now be treated as deposits and has to be repaid back within 1 year from the date of the commencement of the act (i.e., 1st April, 2014) or the due date of the loan whichever is earlier.

Mr. A is now appointed as a director of PQR Pvt Ltd (post 01.04.2014) and as a director gives a loan to the Company of Rs. 2 Crore by which the Company repay his amount of Rs. 1 croreback to him for the loans taken previously from him (now being treated as deposits).

Request you to guide me whether such arrangement is possible.

Thanks & Regards,
K C Palai


Riddhi Agrawal
This Query has 2 replies

This Query has 2 replies

25 June 2014 at 09:49

Pvt ltd co.

Hello,
I have a pvt ltd company... We deal as sub brokers, I have around 12 to 13 lac as pending dues from client(as debtors in b/s) that is not going to be recovered...
Can I adjust this debtors against unsecured loans(loan taken from family members?

We suggest


Mangesh Narvekar
This Query has 2 replies

This Query has 2 replies

24 June 2014 at 15:40

Dissolution of partnership firm

Kindly anybody tell me the procedure for dissolution of partnership firm.



Anonymous
This Query has 4 replies

This Query has 4 replies

24 June 2014 at 15:26

Section 186

Hiiii frndz,, plzz anybody tell me the meaning of two layer under section 186 of the Companies Act 2013 with an example of two layer.


PRASHANT KUMAR SOM
This Query has 8 replies

This Query has 8 replies

who will sign the balance sheet under new company act .2013 ?

who will be Key managerial personnel ? will they sign the Balance sheet ?






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