ARUN KUMAR MAITRA
This Query has 1 replies

This Query has 1 replies

26 January 2021 at 18:28

MGT-7

While filing MGT-7 list of shareholders are not attached and in the return column for No option is ticked. Now how reasons are to be indicated in the return separately?
The above return was for subsequent year and not for year of incorporation


Richard Butler
This Query has 1 replies

This Query has 1 replies

24 January 2021 at 22:13

5-digit NIC Code for Registering Company

Hello,

I would like to register a company, but the SPICE+ form only allows me to submit the "Main Division" (2 digit) part of the NIC-2004 code. How will I be able to submit the full 5-digit NIC code for my company, because I see that company CIN numbers have 5-digit NIC codes and not 2-digit codes?

Thank you


PREMNATH
This Query has 2 replies

This Query has 2 replies

22 January 2021 at 16:52

Payment from paid up Capital

Sir
Can I use paid up Capital of a Private Ltd Company for paying expenses like fine for not filing GST Nil returns on time.
Thanks


DEBASISH BODHAK
This Query has 1 replies

This Query has 1 replies

22 January 2021 at 13:35

AOC-4 and MGT-7

For the financial year ending 31.03.2020 the AOC-4 and MGT-7 have not yet filed. Not applied for filing due date extension. In this circumstances, please tell me the way how can I file the above forms?


Shampa Ghosh
This Query has 1 replies

This Query has 1 replies

20 January 2021 at 13:44

Appointment of new whole time director

Can I appoint a new whole time director in an EGM other than filling up any type of vacancies in a pvt. ltd. company?

Kindly let me know the procedure of appointing a whole time director in EGM of a pvt. ltd. company.


SURABHI GUPTA
This Query has 1 replies

This Query has 1 replies

18 January 2021 at 15:12

PAS 3

firstly share application money can be received in the company account and the allotment is to be done....pas 3 will be counted form which date ?


chirag
This Query has 1 replies

This Query has 1 replies

16 January 2021 at 11:46

Depreciation

What is depreciation rate as per co act for Plant & Machinery and for equipment used in machinery?


Rohith Namboothiri
This Query has 1 replies

This Query has 1 replies

15 January 2021 at 23:46

Foreign Company Acquisition

Hi,
I run an Edutech startup in India. It is a pvt ltd company. As part of our expansion, we are planning to open a FreeZone company in Dubai as a separate venture (not as a subsidiary). After the incorporation, in order to carry forward the experience and valuation of our Indian company:

1: can the new FZ LLC (Freezone company) acquire the Indian company so that the Indian company becomes a wholly-owned subsidiary of the Dubai company?

2: Is this strategy logical?

3: Are there any repercussions to it?

4: Would there be any tax issues?

5: What are the compliances that need to be taken care of?

6: Would it be a problem if the directors and shareholders of both the companies are the same (my co-founder and me - we do not have any outside investors yet)

Thanks a lot in advance.


Nisha Devadiga
This Query has 1 replies

This Query has 1 replies

15 January 2021 at 13:33

ROC

While prscruitinising form AOC-4, Im getting pop up like "You have earlier pre-scrutinized Form MGT-7. Do you wish to proceed? In case if you select ‘Yes’, all the earlier pre-scrutinized forms shall be nullified." How to proceed further..


shinu
This Query has 1 replies

This Query has 1 replies

14 January 2021 at 16:54

Preliminary expense

Sir,

company was incorporated on 2018 and thy filed the annual forms for the year 2018-19.But they haven't shown any preliminary expenses for the particular period. Now in 2019-20 can we show the same? how to record the same?





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