Bhavani Kumari
This Query has 1 replies

This Query has 1 replies

10 February 2021 at 14:14

Moa Objects

Hi Sir/Madam,

Can you please provide me MOA objects on Collection agency for bank personal loan and credit card. Please help me, your each response will be highly appreciated and helpful to me.

Thank you.


Sreedevi Pillai
This Query has 1 replies

This Query has 1 replies

08 February 2021 at 11:00

CSR Contributions

Dear Experts,

Kindly advise on the below doubts:

A Private Company has its own Registered Trust through which it is making CSR Contributions:

1) The Company pays a lumpsum to the trust assuming, Rs. 30,00,000/- for CSR Activities, out of which the trust spends Rs.20,00,000/- on CSR Activities. When it comes to approving the contributions by the Board and recording the same in the board minutes, will the Board approve contribution for Rs.30,00,000/- which is the amount given to the Trust or Rs.20,00,000/- which is the amount actually spent by the Trust?

2) Whether payments/donations made to other trusts by the Registered Trust of the Company be taken as CSR Contribution?

3) Company has given scholarships to 30 engineering and medical students belonging to different colleges. Is it acceptable as a valid CSR Contribution?

Thanks


DEBASISH BODHAK
This Query has 3 replies

This Query has 3 replies

06 February 2021 at 17:57

Resignation of Auditor

In case of casual vacancy of auditor of a Pvt Ltd company:
(1) whether MGT-14 is required or not? (as in ADT-1 there is no place for SRN of MGT-14)
(2) In ADT-1 point no. 5(a) Whether auditor(s) has been appointed in the annual general meeting? Yes/No. (as the casual vacancy is filled in EGM)


renuka Modi
This Query has 1 replies

This Query has 1 replies

please provide me object clause for company having object as Providing admin and back office support services to Australian mortgage broker i.e. loan processing, client liaison.


satyam kumar
This Query has 1 replies

This Query has 1 replies

31 January 2021 at 00:12

Company Incorporation

Sir,
Can initial share capital be paid in kind? suppose 10 person wants to create a company and wants to transfer land in the name of the company as share capital. is this allowable?


Akshay
This Query has 1 replies

This Query has 1 replies

In a company with two directors (both shareholders), 1 director wants to exit from directorship and also sell the shares. Since Pvt Ltd n3eds minimum 2 directors first Board will appoint an additional director at BM (this additional director is spouse of director who will stay back) and then director who wants to exit will resign.

Now my query is:


1. Will additional director be counted for minimum 2 directors limit in pvt ltd. Since he holds office till AGM, during AGM there'll be only one director right? Isn't this non compliance?


2. Are there any filings or declarations to be done in case directors are related (like husband and wife)?


Thank you friends.



lalit
This Query has 1 replies

This Query has 1 replies

29 January 2021 at 16:40

AGM query

In a private limited company date of signing balance sheet for FY. 19-20 is 28/12/2020 ,
Last AGM date was 29/09/2019, so now as per 15 months norms it should hold its next agm by due date 28/12/2020,

My query is :
1) Will it be correct if it hold agm on 28/12/2020 ?
2) Will it be correct if it adopts the balance sheet of FY.19-20 signed on 28/12/2020 in the AGM held on 28/12/2020 itself ?
3) Will it be able to comply the requirements of shorter notice for AGM ?
4) Is it compulsory for it to file MGT-14 for the shorter notice intimation , or just mentioning about shorter notice in the directors report is enough compliance ?


UBEIDULLA
This Query has 1 replies

This Query has 1 replies

27 January 2021 at 16:19

Board meeting requirements for 2020

What are changes in the board meeting requirements for private companies, for 2020 due to covid19?

Is it mandatory to hold virtual meetings


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






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