RRRRR
This Query has 2 replies

This Query has 2 replies

Can a Chartered Accountant in whole time practice accept an appointment as NON EXECUTIVE PROFESSIONAL DIRECTOR in a PRIVATE LIMITED COMPANY and draw consultation fee on monthly basis from that company? Any regulatory conditions imposed Under Managerial Remuneration or other Provisions of the NEW COMPANIES ACT 2013 or Under Professional Ethics Code of the ICAI ​in this situation?


Priyanka
This Query has 5 replies

This Query has 5 replies

08 April 2014 at 17:46

Agreement

Can we draft a agreement for indefinite period which can be cancelled only by a notice of say xyz month....Whether the agreement shall be valid & acceptable in such case?



Anonymous
This Query has 1 replies

This Query has 1 replies

08 April 2014 at 16:21

Loan to director

A company was incorporated in Nov'13. The director haven't put any capital into the company . If we prepare the balance sheet for Mar'14. we have to Dr. Share capital receivable and Cr. Share Capital,
1.Do this Share capital receivable represent loan give to director ,
2.Will it attract penal provision of new company act for giving/taking loan to director,
3. Can we prepare 18 months balance sheet to avoid this.


Tushar
This Query has 2 replies

This Query has 2 replies

08 April 2014 at 13:50

One person company

New companies act 2013, whether applicable from 1.4.14 fully?

What is the procedure to convert pvt ltd company into One Person Company?

Can women form one person company?



Anonymous
This Query has 1 replies

This Query has 1 replies

07 April 2014 at 22:32

Removal of shareholders

A Pvt. Ltd. Co. has six shareholders out of which four shareholders holds 70 % of total shares while other two shareholders holds remaining 30% . Shareholders who holds 70% shares want to remove shareholders show holds 30 %. Please tell whether this is possible. If so, what is the procedure.
If this is not possible, is there any means that value of shareholding of shareholders who holds 30% shares can be brought to 2% or 3%.


VIJAYA KUMAR
This Query has 3 replies

This Query has 3 replies

07 April 2014 at 10:43

Regarding company name

one of the clinet come to our office regarding incorporation of private limited compnay with the name of " krishnas software technologies private limited" we are verified online in mca website the name is not avilable in the existing list so we are applied Form 1 A with fees paid but the mca was rejected because the name is similar names are available please suggest the solution


Siddharth Singh
This Query has 1 replies

This Query has 1 replies

05 April 2014 at 17:24

Resolution by circulation

Dear All,

As per section 175 of CA 2013: A resolution by circulation of the Board is to be considered as passed when: (i) if it has been approved by the majority of the members on the Board of the Company (ii) by majority of the directors who are in India (iii) whose Indian address is registered with the Company.

Section 289 of CA 1956 required passing of the resolution by circulation by majority of directors present in India.


Mohit Nama
This Query has 3 replies

This Query has 3 replies

05 April 2014 at 16:39

Loans from huf

Can A Listed Company take loan from a HUF in which one of its director is karta?


adabala rupa venkata sainath
This Query has 1 replies

This Query has 1 replies

What is the new ceiling limit specified for number of audits by a Chartered Accountant in practice, in Companies Act, 2013? Please give me the reference if possible....


Rahul Malhotra
This Query has 1 replies

This Query has 1 replies

05 April 2014 at 11:01

Agm due date

Sir,
can we consider Sunday As an AGM due date For example our AGM should be held before 30 September and 30 September is a Sunday so can we fix due date 30 September and i know AGM can not be held on Sunday sir resolve my query as soon as possible






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