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)

A new company was incorporated on 18th March, 2013. Till 31st March, 2013 the subscribers had not brought any capital into the company.
(1)What is the time limit to bring the capital by the subscribers?
(2)Also, as per new guidelines, the preliminary expenses are not to be carried forward. So all the preliminary expenses are to be written off in 2012-13 and loss must be declared in Profit & Loss Account? Or to be carried forward? There are no other transactions during 2012-13.
(3)If the capital is not brought by the subscribers till 31st March, 2013 in cash or kind, is this a fault on the part of the company/subscribers?
(4)Also, how will be the balance sheet appear as on 31st March, 2013?
Option 1:
Assets:
Preliminary Exp./Reserves & Surplus (Loss)
Liabilities:
Sundry Creditors (Amount same as preliminary exp.)

Option 2:
Assets:
Loan (Amt. same as Capital)
Preliminary Exp./Reserves & Surplus (Loss)
Liabilities:
Capital
Creditors (Amt. same as prel. exp.)
(As once the subscribers subscribe to the capital, it becomes debt on their part.)

Or any other way the balance sheet to appear as on 31st March, 2013?

Please reply to the queries.

Thanking you.

Dear Experts,
We gave conducted an AGM for Dividend Declaration on 30 Sep. So we need to transfer the money to the dividend account by 5 OCT.

My question is, what if we are not able to transfer the dividend Amount to the Dividend account within 5 days. Also please let me know what will be the due date for distribution of Dividend, I mean by what time we should pay the amount to the shareholders.

Regards,
Surya

What exactly is meant by the diminution of share capital? Is it cancellation of authorised capital or of issued capital?

we have filled annual form in roc for past years but forgot some of them. is there any way to verify which form we have filled & which are not????

Sir/Madam
Can salary be paid to A non-executive director of a Private limited company ?