Dear Experts

Please can you confirm if the authorized signatory of the Company can sign the appointment letter for reappointment of statutory auditors at the Annual General Meeting. We have re-appointed statutory auditors for 7 companies or does it have to be signed only by the Director of the Company?

Thanking you in advance.

Regards

Hi,

Someone may please reply, if possible:

Query 1

Even for fresh applicant applying DIN for first time, prescrutiny check prompts that ‘This Form has already Field’. System has identified your application as potential duplicate……….

Should I simply proceed or I need to check with DIN Cell with the applicant’s data and after verification only, I should proceed?

Ans : ……………..

Thanks in advance for your replies.

Please let me know whether the private company clause is correct as stated below:

The Company is a Private Company within the meaning of Section 2(68) of the Companies Act,2013 and accordingly:-
(a) No invitation shall be issued to the public to subscribe for any securities of the Company.
(b) The number of members of the Company (exclusive of persons who are in the employment of the
Company and persons who having been formerly In the employment of the Company, were members of the Company while in that employment and have continued to be members after the employment ceased) shall be limited to two hundred, provided that for the purpose of this definition where two or more persons jointly hold one or more shares in the Company, they shall be treated as a single member: and
(c) The right to transfer the shares of the Company is restricted in the manner and to the extent hereinafter appearing.
(d) The Company Prohibits any invitation or acceptance of deposits from persons other than its members, directors or their relatives.

Sir,

Old Auditor resigned on 30/12/2012 in a private limited company.

No Form 23 or 23B has been filed since then upto 04/10/2013.

What could be the implications and how could we reduce the penalties on the above forms??

Please let me know the complete procedure for filing form 23B

please help me in the below asked query-

my company has appointed a manager and due to losses we are not paying any kind of remuneration.
but, all the expenses are reimbursed by the holding company which amount to about more than Rs.1 Cr.
please suggest that whether the said reimbursement made will be considered as managerial remuneration or not?

Sir/Mam

Please tell me what is the time limit for transferring dividend in the divided a/c after declaring it in the AGM? Also tell me what is the consequences of non compliance of above provision?
Please answer the above query with the relevant section and any case law if any.

Dear professionals,

A pvt ltd which Balance sheet showing share application money pending for allotment on 31-03-2012 can company without refunding the same convert its share application money pending for allotment into unsecured loan.


please do let me know, if yes than under which provision it is dealt.


regards


Amit

Dear Experts please guide me in the below mention matter

while filling up Form 5 attachment of central govt order is there . what is this attachment ? is it mandatory to attach?

For increase of authorised cap some times we pass ordinary resolution and some times special . when we need to pass special and when ordinary please explain.

Two director of company have equal share i.e. 5000 shares each now they want to transfer their share (2000 shares each) to new person(introducing as shareholder).
1. what will be procedure for transfer of shares ?
2. whether person should be relative?
3. Whether it is required to inform to ROC?
4.Share should be at what value( as face value of share is Rs.10 each)