Since the appointment of CS is non viable, we have reduced the share capital below 10 Crores. But we could not file PAS 3 for reduction of capital since our company is active non compliant status. Asper our books of accounts the share capital is less than Rs. 10 crores but MCA it is more than 10 crores and hence the site will not allow to file PAS 3. How to proceed further.

Sir,

There is a clear mention about the restrictions on LLP however, my query is regarding whether Listed Company borrow funds from LLP? Please help little urgent

A company has entered into tripartite agreement with depositary and RTA for demat. But it has issued physical shares after that. Is that possible?

Dear Sir / madam ,

what are the valid grounds for relief sought at the filing of Form Adjudication to ROC .
(the Companies Directors has received a notice for payment of RS 3,00,000 ( directors Rs 1,00,000 each & company Rs 1,00,000)

I have a question relating to incorporation of a section 8 company......

I am going through the case where, one of the directors of this company is holding directorships in other companies where one of them is "ACTIVE Non Compliant".

Question-
1). So what necessary steps to be taken before incorporation of section 8 company bearing in mind the validity of him holding such directorship in such "ACTIVE Non Compliant company".

2). Will "Active Non Compliant" status of that company will affect indirectly or directly the incorporation of section 8 company?

Can anyone help me out on this?

while filling application form for shop and establishment act this type msg show

server error in application line no 29. if (String.IsNullOrEmpty(Session["SWP_UnitID"].ToString()) || String.IsNullOrEmpty(Session["SWP_ControlID"].ToString()))

In a Private Ltd Co., having 3 shareholders, say for example A:B:C hold Rs. 50,000 each as paid up capital, total amounting to Rs. 1,50,000.

Now Mr. C wants to transfer all his shares worth Rs. 50,000 to Mr. D.

So, in this situation I would like to know few things to complete the procedure,

1. Should Mr. D transfer Rs. 50,000 to Mr. C's personal account or to the Company ?
2. SH-4 form once duly executed by the transferor and transferee, do we need to file PAS-3 or any other ROC compliance for the share transfer ?

Please guide me on this matter. Thank you.

Dear all,

I understand that as per General Circular 25th March 2020 MCA has granted exemption of late fee for moratorium period up to 30th September for all returns statement and forms.

Further , CFSS has been introduced , my query is even if we default in any statutory form which is due on or after 1st April 2020 do we need to do the filing only after applying to CFSS? Or CFSS is applicable for non filing which has been taken place before 31st March 2020.

Further what about those form which do not have filing fee but due dates and penalty provision does any late filing attract penalty for suh non -filing for e.g. MSME Return.

Due to lockdown and non-availability of the data we can not file MSME Return as on 31st March 2020 on due date. what should be our course of action ? I understand CFSS does not cover MSME Return and Section 405 penalty forms?

What if we file it within next few days ? will we able to file form ?

Further

Dear Sir,

Prescrutiny Error is coming while uploading Spice+ form on resubmission. Do you have any idea how to resolve this ? Thanks in advance.

Company: Private Limited
No. of Directors: 3
Company Incorporated: 01/04/2019
Year closed on 31/03/2020
None of them are appointed as MD/WTD/Manager vide AOA/Board Meeting/GM
But all three worked actively in Company. They are to be given salary/remuneration for 2019-20.
Please explain giving reference to provisions of Companies Act, 2013, how can they be given salary?