I have a OPC which was registered on June 2018. The paid up is 1 lakh, which i have not secured, what happens to the company? Does it become defunct? Are there any penalties? Can i convert the OPC into private limited without any legal issues?
Thanks for your time.

Is there any specific mention in the law that a Managing director will be eligible for the benefits other than salary.. for public /private. If so what are they??

Company filed INC 20A with 6 days delay. Penalty order for Rs.56000/- received by the company on Jan 23rd, 2020. Company not filed any appeal against the order. Kindly let us know , whether CFSS 2020 benefit available in above situation. If yes what is the course of action to be taken by the company

Company filed INC 20A with 6 days delay. Penalty order for Rs.56000/- received by the comopany. Company not filed any appeal against the order. Kindly let us know , whether CFSS 2020 benefit available in above situation. If yes what is the course of action to be taken by the company

Sir / Ma'am,
i want to start my own website for selling products online. The site will sell different products which my own business will procure from whole sellers and manufacturers. I want to know if i should register my business as a One Person Company or keep it as a proprietorship business. I am planning to expand in the future and have also applied for a trademark for the same. i will also require finance assistance so would also like to know about any finance scheme that the government offers to such establishments.
Thank you for your time and help in my first step of business.

1) Auditor’s firm of 2 partners.
2) Appointed by a company and filed ADT-1 where Category of Auditor is ‘Auditor’s Firm’.
3) One of the 2 partner’s died.
4) Until a new partner is admitted what will be the category of the said partnership firm a) Individual or b) Auditor’s Firm?
5) The existing partner is still running the firm without admitting any new partner.
6) In this period is it possible to appoint a new auditor for the said company in the ground of casual vacancy other than resignation of auditor.

1) A Pvt. Ltd. co. appointed a partnership firm of 2 auditors as statutory auditor till the conclusion of the AGM of the Company to be held in the year 2020.
2) Recently a partner of the said auditor firm is died.
3) The PVT. Ltd. Co. wants to appoint new auditor.
Please tell me the procedure.

WHO WILL SIGN THE FINANCIAL STATEMENT OF THE COMPANY IN THE TIMES WHERE ALL THE DIRECTORS HAS RESIGNED?

Can normal Pvt ltd be formed for trading of shares & securities, F&O, MCX, Currency,etc as a main business object ?

Also Both Directors & Shareholders are POI but Foreign Resident staying in Singapore.

Please guide what permission must be obtained to incorporate the Pvt Ltd in india at Indian address ?

A Company was incorporated in July 2019 but the Bank account was opened and share money was deposited in April 2020. Whether INC 20A can be filed. What are the consequences?