Dear Sirs,

A privte ltd company wants to get money from outsiders for capital expenditure to be done in its showrooms.....can the company accept this money ?

Outsider means who is neither a director nor a relative and further not a memeber of the company....

PLZ EXPLAIN THE MEANING OF THESE LINESIN CONTEXT OF INDEPENDENT DIRECTORS AS PER COMP.ACT2013

(b) (i) who is or was not a promoter of the company or its holding, subsidiary or
associate company;
(ii) who is not related to promoters or directors in the company, its holding,
subsidiary or associate company;
(c) who has or had no pecuniary relationship with the company, its holding,
subsidiary or associate company, or their promoters, or directors, during the two
immediately preceding financial years or during the current financial year;
(d) none of whose relatives has or had pecuniary relationship or transaction
with the company, its holding, subsidiary or associate company, or their promoters, or
directors, amounting to two per cent. or more of its gross turnover or total income or
fifty lakh rupees or such higher amount as may be prescribed, whichever is lower,
during the two immediately preceding financial years or during the current financial
year;
(e) who, neither himself nor any of his relatives—
(i) holds or has held the position of a key managerial personnel or is or
has been employee of the company or its holding, subsidiary or associate
company in any of the three financial years immediately preceding the financial
year in which he is proposed to be appointed;
(ii) is or has been an employee or proprietor or a partner, in any of the
three financial years immediately preceding the financial year in which he is
proposed to be appointed, of—
(A) a firm of auditors or company secretaries in practice or cost auditors
of the company or its holding, subsidiary or associate company; or
(B) any legal or a consulting firm that has or had any transaction
with the company, its holding, subsidiary or associate company amounting
to ten per cent. or more of the gross turnover of such firm;
(iii) holds together with his relatives two per cent. or more of the total
voting power of the company; or
(iv) is a Chief Executive or director, by whatever name called, of any nonprofit organisation that receives twenty-five per cent. or more of its receipts from
the company, any of its promoters, directors or its holding, subsidiary or associate
company or that holds two per cent. or more of the total voting power of the

Can anyone tell me the due date of filing of form 23ac 23aca wihh roc for financial year 2012-2013.
What are the charges(penalty) prescribed for late filing of form 23ac and 23aca.

Dear Sir,

Is there any Notification/circular that Company can have multiple main object in Object clause(multiple business activity).

Dear Sir

I want to know why Stamp Duty is much more high in Punjab as compared to the other states, is there any reason behind the same ?


State wise stamp duty rules for eForm 1, Memorandum of Association (MoA), Articles of Associations (AoA) )

Punjab (companies having share capital other than section 25)

Form1 : Rs. 25
MOA: Rs. 5000
AOA : Rs. 5000 if authorised capital is less than equal to Rs. 1 lakh and 10,000 if authorised capital is greater than Rs. 1 lakh


please answer asap

thanks

Sir, only last page of return format attach along with form 20B or full return because other than last page same information ask as in form 20B and it is duplication of same information

In which of the following ways does a sole selling agent appointed u/s 294AA of Companies Act, 1956 functions :

(i) The Co sells goods to sole selling agent and then the sole selling agent sells it to the customers. or

(ii) The sole selling agent acquires various customers on behalf of the company and the sale takes place directly from the company to such customers.

Also

2. Please give reference of a company which has appointed a sole selling agent?
3. How is the invoicing to be done, both for Co and the Agent?
4. Which is the governing section for sole selling agent's under the Companies Act, 2013?

Best regards,
Souvik Ghosh

In which of the following ways does a sole selling agent appointed u/s 294AA of Companies Act, 1956 functions :

(i) The Co sells goods to sole selling agent and then the sole selling agent sells it to the customers. or

(ii) The sole selling agent acquires various customers on behalf of the company and the sale takes place directly from the company to such customers.

Also

2. Please give reference of a company which has appointed a sole selling agent?
3. How is the invoicing to be done, both for Co and the Agent?
4. Which is the governing section for sole selling agent's under the Companies Act, 2013?

Best regards,
Souvik Ghosh

Dear Members,

Can anybody please provide me the New format of AOA & MOA of a Pvt Ltd Co which is at present applicable ie after MCA Notification dated 12.09.2013.

Best regards,
Souvik Ghosh

NOC to be attached in form 18


No objection certificate is required from a director's mother, who is the legal owner of the property.

1. To use his premises as registered office of the company.

but without any rent.