DEAR SIR,
PLEASE TELL ME THE CONSEQUENCES OF NON FILING OF COMPANY RETURNS AND COMPLIANCES TO MCA AND PENALTY ATTRACTED? THANKING YOU....

My query is that is there any rule or provision or requirement that there should be a minimum paid up capital of Rs. 1 Lac on the date of incorporation in case of a private company? and how would the company get this minimum amount of rs. 1 Lac?

if any partnership firm wish to convert into private Ltd. co. after 18th Dec. 2013 then which Companies Act will Apply ?...& What will be Taxability under Income tax Act.

Can a private company take loan form one of its directors through his NRO A/c in India? Please quote relevant law..
Thanks in advance!

ok. but I want to know that whether any other person has to appoint as direcor in his place to comply sec. 252, or single director is sufficient.

what are the provisions under companies act 1956 if one director is died out of two in a pvt. co.

Dear all,

In one of our group company there was change in management of company. But old management did not provide accounts for audit and filling so statutory audit could not be held.

Due to this company has not been filling 23AC & ACA to ROC since 5 year but has been filling 20B in timely.

We held our AGM and filled annual return to ROC but due to above problem and also court case we could not file balance sheet to ROC.

My question is:-
1) can AGM is valid if oridinary business not completed i.e. adoption of annual account
2) If AGM is valid then how we show in minute and not valid then what is way to come out from this ?
3) Due to this auditor is also not appointed in AGM held so what can we do for the same ?
4) now we receive current year audited balance sheet so is it ok to fille the same or first clear back years returns

Thanks in advance.

RESPECTED SIR,
PLEASE GIVE ME procedure for transfer of shares from non resident to resident in india

If the Company A gives its property as a security for credit facilities to be obtained by Company B, Which company shall file Form 8? Company A or Company B or Both?

In case of a Wholly Owned Subsidiary Company, is it necessary to have any director of the listed parent company on the Board of the subsidiary(if it is not a material non listed Indian subsidiary as per clause 49 of listing agreement)?