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This Query has 2 replies

This Query has 2 replies

Sir,

The Company (Private) has share application money pending for allotment for more than 7 year. It authorized capital as on 31st march 2013 was 5 lac. which was increased to 25 lac on June 2013. The application money pending for allotment is 9 , 82,000 as per balance sheet of 31.3. 2013.

1. Whether the filing of form 5 INV is compulsory for private company.

2. or Company can do allotment in back date after June 2013 and can get safeguard from above notice .

3. As per section 205 C, the amount which is to be transferred to Fund is: Unpaid application money received from companies for allotment of securities and due for refund. But in above case the amount is due for allotment and not for refund.

Kindly resolve my query.



Anonymous
This Query has 1 replies

This Query has 1 replies

22 February 2014 at 12:52

Nbfc

what is the limit when a company invest or gives loan in or to other company and is not considered as nbfc.
kindly solve my query as early as possible.



Anonymous
This Query has 2 replies

This Query has 2 replies

22 February 2014 at 11:40

Incorporation of new company

Dear Experts,

is there any change in procedures to Incorporate a Private Limited Company as per new companies act? Is there any change in documents and format of MOA & AOA and last page of the same, as per new companies act ?

Please advise.

Regards,
Vijay Jain



Anonymous
This Query has 1 replies

This Query has 1 replies

22 February 2014 at 10:52

Guarantee by public ltd. company.

Querry:
There are three partners in a firm say Z & Co. Mr. A, Mr. B & C Ltd. (a public limited Co.). Also Mr. A & Mr. B are directors in C Ltd. Now whether C Ltd. can provide guarantee for the loan to be taken by Z & Co. ? if Yes please explain the procedure.
Whether Sec. 185 of Companies Act, 2013 has been made applicable?


pranav jain
This Query has 1 replies

This Query has 1 replies

21 February 2014 at 22:56

Managerial remuneration

as per the provisions of companies act 1956, a special resolution is required to be passes in general meeting before increasing the managerial remuneration upto the limit specified in schedule XIII. what would be the impact if such resolution was not passed. Plz reply.



Anonymous
This Query has 1 replies

This Query has 1 replies

21 February 2014 at 21:00

How to operate co.

In a pvt. ltd. co. 2 directors are residing in US and one in india. What should we do to run company so that the provisions of the companies act do not violate. ?? Whether all the act on behalf of the board can be done by one director who is residing in india if board authorises such person to do such acts.???


Rahul
This Query has 3 replies

This Query has 3 replies

21 February 2014 at 20:19

Mail recd from mca for filling form 5 inv

I have recd e-mail from MCA for filling of form 5 INV for Fy 2012-13 of my Pvt Ltd company.

But there is no unclaimed or unpaid amount in balance sheet except share application money(fully received) is pending for allotment from last two years.

And we want to allot shares for the application money

what should we do???



Anonymous
This Query has 3 replies

This Query has 3 replies

21 February 2014 at 17:35

Non filing of form 5 inv

Dear all,
I have received a notice from MCA for non filing of form 5 INV for a private limited company.In Balance sheet 2012-13, share application pending allotment has shown.
how can i reply for the said letter.
Thanks & regards


Anju
This Query has 4 replies

This Query has 4 replies

21 February 2014 at 17:18

Remuneration to whole time director

Kindly reply the following questions:-
What is the procedure for Reqppointment of a Whole Time Director in a Public Limited Company?
What are the ROC Forms required to be file at the time of reappointment of Whole Time Director?
Whether a whole time director can withdraw different remuneration each year during his tenure as a whole time director?


Sobhit Agarwal
This Query has 1 replies

This Query has 1 replies

21 February 2014 at 17:08

Share application money

Share application money was received from an applicant several years ago but against the same Pvt. Ltd. company could not allot shares as the applicant has expired. Is the company correct in showing the money received as share application money? Should the company allot the shares to one of the legal heirs in absence of any written will?






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