Anonymous
This Query has 1 replies

This Query has 1 replies

17 December 2013 at 17:27

Profession tax

Dear Sir,

What is profession tax?If the company is situated in punjab and registerd office address of Maharashtra.All the work is done in punjab only. Due to the address of Maharashra will the company be liable to pay profession tax.Can you please guide me.


Rahul Jain
This Query has 1 replies

This Query has 1 replies

17 December 2013 at 16:26

Incorporation accounting entries

Two persons wanting to incorporate a private limited company gave their CA, Rs. 1 lakh each by cheque in the CA Firm's name for Incorporation expenses. The company was incorporated with total ROC expenses of Rs 1.5 lakhs.

What should the CA Firm do with rest Rs. 50000.Should it withdraw it and give it to two directors or make cheque in the name of Company? What entry should the two directors make in their personal books of accounts and in the books of newly incorporated company for Rs. 2 lakhs paid, since they have subscribed shares of Rs. 1 lakh each?


Mohit Kumar Naharia
This Query has 7 replies

This Query has 7 replies

17 December 2013 at 14:04

Creation of drr

If a company issue debenture for 2 years term & voluntarily want to create DRR of 100% of the amount of debenture in first year So can it do so?


Arunendra Singh
This Query has 5 replies

This Query has 5 replies

17 December 2013 at 12:44

Director removal

Pls provide me specimen of notice, board resolution and all required details for removal of auditors u/s 284


CA vaishali singh
This Query has 1 replies

This Query has 1 replies

17 December 2013 at 12:36

Incorporation of the company

can anyone provide me the object of marketing and sales promotion company to be included in moa.


nidhi chauhan
This Query has 6 replies

This Query has 6 replies

17 December 2013 at 09:56

Director

“A” is Managing director in ABC Pvt Ltd which is 100% subsidiary of foreign company. The foreign company also holds 40% shares in another company say WXY Pvt. Ltd. There is no transaction or any direct link between ABC Pvt Ltd and WXY Pvt. Ltd.. My query is can “A” be appointed as an Director in WXY Pvt. Ltd. is any constraint or what is it impact of it on ABC Pvt. Ltd. And what are the compliances required for it.

Regards


NIDHIN BABU
This Query has 3 replies

This Query has 3 replies

16 December 2013 at 23:24

Expiry of dsc

DSC of a Director got expired. in this public limited company only one director holds DSC, what is the consequence.


Tanuj Mittal
This Query has 11 replies

This Query has 11 replies

Hello,
I am director of a private limited company. The company has paid up capital of 100000 (10000 shares)Out of which I hold 2000 Shares. Now I am London and the other promoters of the company who hold 80% shares has passed an extraordinary resolution at my back and have increased the authorized share capital to 300000. They don't know I have an account with MCA and I can check all the filed documents. Is it allowed without my authorization or signature?



Anonymous
This Query has 3 replies

This Query has 3 replies

16 December 2013 at 21:11

Appointment of nominee director

There is a Joint Venture between Indian Government Company and a foreign Company. As per the articles of the Company both the Companies have the right their person as directors in the JV. At present one of the JV Partners have replaced their nominated directors. I want to know whether the new director has to be appointed as "Additional Director" or " Nominee Director"? Articles give right to each JV Partner to replace director at " Any Time:.
Further there is no mention in articles about appointment of additional director.


C R Ravichandran
This Query has 2 replies

This Query has 2 replies

16 December 2013 at 20:15

Signing of loan documents

Dear Sir,
loan documents are executed in some Banks by affixing and witnessing common seal of the Company only on last page. A few other Banks insisting on signing on each page of the documents by the authorised persons/Directors under for seal of the Company and also affixing common seal duly witnessed on the last page of the document. The Banks says that affixing Common Seal alone required. Pl clarify which procedure is correct and enforceable.
C.R.Ravichandran






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