hi
my client is engage in manufacturing business as an pvt ltd so right now company have require fund for business. can company accept loan from HUF in director of the company is Member in particular HUF. can we consider Huf as a related party of director in company ?

Dear Experts;
we have filed Form 2 dated 04.04.2013 with MCA with the details Face Value Rs.10 & Premium Rs.490 and same will be approved but after revise valuation of shares thier is changes in Premium amount instead of Rs. 490 it will be Rs. 590/-.Now here no of shares will be reducing.therefore in this case can we filed Revised F2 of the same date by attaching application for the same or whether we have to go reduction of share capital as per sec 100 and get High court order for the same.Pls guide us as soon as possible

One of my clients company which is a subsidary of a company based in Singapore having share capital Rs 35 crores. The Company has very nominal income. My quries are:
1) What are the reporting requirements under company law.
2) Implications under income tax law.
3) Any other law.

Can anyone clarify me what is the exact duration to provide for interest on capital under sec 208. I didn't understand the "half-year from the end of ..." as stated in ICAI..


Also, given that such an expense be capitalised to the construction cost!
But, I believe AS-16 doesn't deal with EQUITY and interest thereon!
Is sec. 208 an exception??

How can we create an mca login id of bank official on mca portal to register the dsc of bank official on mca site? because when we are going to create an id for bank office the window is not showing the category bank official. it's shows only category of Registered user or Business user.

What is the remedy for a bank if inadvertently at the time of sanction of a loan Form 8 was not filed and after the sanction of that loan company is not ready to file Form 8? Then how can bank register that charge with ROC without the dsc of that company?

Whether the procedure of regularisation of an additional director at AGM is totally similar with that of appointment of new person as a director at AGM?? Whether both have to deposit Rs. 500/- for their candidature for the office for director??

I understand that Form 23 is for filing Board's resolution u/s 192 of the Companies Act.In the place where Section and Purpose of passing the Resolution is to be mentioned i wrote section 58A ,invitation of Deposits from the Public.Then what am i supposed to mention?Do i need to attach text of advertisement in Form 23?

Our Company is in the field of infrastructure development. Company regularly obtained services relates to construction from proprietor firm, in which our companies director is proprietor. As CS of the Pvt. Ltd. company I am not able to judge whether these service transaction are at prevailing market price to confirm the applicability of Section 297. Presently paid up capital of Company is Rs.6 Crore. Professional friends please provide some suggestion on the matter

I have filed Form 23 for one of my client which is a public limited company attaching board's resolution approving text of advertisement for inviting deosits from public.I received a query from MCA asking under which provision of the Companies Act is this form filed?I had mentioned that the form is filed under sectin 58A of Companies Act.They also said that the text of advertisement is not attached with the Form 23 and hence it is not approved.I knew Form 62 is required for filing text of advertisement but their query has made me confused.Can you suggest the correct way?