Dear Expert,
i have a query, company has registered under section 25 companies act 1956, the audited financial statement has not been signed till date, i would like to know is it possible to sign today and what would be the penalty and condition which i have to follow, pls make it clear in detail through example and also provide me the section which will clear my doubt.as soon as possible

thanks

WHAT IS THE PROCEDURE FOR OBTAINING CERTIFICATE OF COMMENCEMENT OF BUSSINES.

IN FORM 20B THERE IS VERIFICATION ASKING FOR SERIAL NUMBER AND DATE OF BOARD RESOLUTION
PLEASE HELP ME BY TELLING WHAT IS THIS AND HOW IS TO BE FILLED

THANK YOU

hello sir,

for a private limited company what is the procedure and forms to be filed for appointment of a MD who is WTD of the same company.

PLZ GUIDE ME ON THE PROCEDURE TO BE ADOPTED FOR CHANGE IN DESIGNATION OF DIRECTOR TO MD IN A PRIVATE COMPANY.

HE WAS A MD IN ONE OF OUR OTHER COMPANY IN WHICH I HAVE TO CHANGE HIS DESIGNATION TO NON EXECUTIVE DIRECTOR.

SECONDLY I WANT TO MAKE HIM MD IN OTHER COMPANY WHERE IS IS ALREADY A NON EXECUTIVE DIRECTOR AND PAY HIM REMUNERATION/SALARY FROM THAT COMPANY.

PLEASE GUIDE

REGARDS,

ABHIJIT

Hello,


A Pvt Ltd Company exists with Rs.1 lac Capital(1000 Equity shares of Rs.100 each). There are 2 Directors(both brothers) and both of them are the only shareholders of the company with 500 Equity shares each.


They've come up with an idea for a huge project. The idea is so good that a couple of investors are willing to put money in the Company provided they get a stake in the profits(i.e. they do not want to show it as a loan). The fact is that the 2 original promoters/directors/shareholders will contribute their 'idea' whereas 2 new investors will contribute 'money'. The profits/losses shold be shared 1:1:1:1(or something like 25.5:25.5:24.5:24.5) among the 4 people since the original directors wish to claim 51% profits and stake.


Now, what are the different alternatives under the Companies Act to show the same?

DEAR SIR,

WHAT DOES IT MEAN BY COMPANY NOT IN OPERATION FOR FTE 2011 ??

IS SALE OF FIXED ASSETS WITHIN ONE YEAR MEANS THAT COMPANY IS IN OPERATION ?

IS CASH & BANK BALANCE IS CONSIDERED AS ASSETS FOR THE PURPOSE OF FTE 2011 ?

IS THE COMPANY WHOSE NAME IS STRIKE OFF UNDER FTE 2011 REQUIRE D TO FILE INCOME TAX RETURN ??

PLEASE DO THE NEEDFUL

THANKING YOU IN ADVANCE.

Suppose a Private limited company which is a Trading company has taken certain Amount say Rs 2500000 as advance to supply goods.But it does not supply the goods and ultimately the deal gets cancelled.In the meanwhile company uses that money to trade in goods with other customers.Is there any violation of any law?
If there can be any violation, then by which time it should return the money after cancellation to avoid any violation of law?

Can we conduct AGM without adopting accounts and not appointing auditors for any financial year under the provisions of Companies Act, 1956?

There are four Directors in a company to whom the company has been paying directors remuneration of say 2.5 lakhs each till last year.
Now from this year onwards i want to reduce/ not pay the directors remuneration to two directors.
what are the possible options/steps.