We have issued 1.3 crore Redeemable Pref. Share on private placement basis out of which only 85 lakh shares have been subscribed and allotted. Now, we want to cancel the unsubscribed capital i.e. 45 lakh.
What is the procedure for such cancellation and if we cancel the said shares, whether the authorised capital will be reduced by that amount ?
(The Co. is listed Co.)

Dear Sir,

My query is Private Ltd Company incorporated on 27 March 2013. Do I need to file annual return with ROC?

First Board meeting was conducted in April 2013.

Kindly reply.

Hi Everyone,

one of our client wants the same registered office address for 2 companies...one company is already registered and one company is under incorporation process..the eform 18 has been asked for resubmission with the given below

The address entered in the form is exactly same as the registered address of other company registered in the system with name.


when i asked one professional he said pass one resolution by saying the total square feet of the company is this much ( 2000 square feet) out of this new company is given this much ( 800 square feet).

kindly help me out in this.

Kindly let me know the various provisions applicable in case of providing managerial remuneration in Private Ltd. Companies. I want know whether there is any ceiling limit, and also the applicable provisions in case of loss. Also the TDS amount to be deducted???

Some experts please reply urgently.... This is urgent in to close our books of accounts

Dear sir,

we are having a private limited company with 2 directors. 3 years back my friend had given us rs. 20 lac as a loan without any interest or agreement by cheque.

which we have paid back to him last year by cash in different amounts by installement within 10 months.

now my CA says that being a private limited company we cannot take loan, and also cannot pay in cash.

Please let us know, how to solve this problem. We have shown in our accounts as unsecured loan.

A pvt. ltd. company having 3 members- A,B & C. A & B holds 24.5% shares each and C holds 51% shares. A & B are directors of company. C wants to call a EGM. Can C call EGM? Can EGM will be valid if only C is available at EGM and that EGM is called by requisition of C?

Query:-
In Existing Pvt Ltd Company what are the procedure to appoint a director & when we requires to file Din 2 & Din 3

Kindly give me the latest extended due date for filling cost compliance report for F.Y. 2011-12. As early as possible.

Dear sir,
I have filed a form 8 for creation of charge of a company, but by mistake i entered the date of sanction letter in the place of date of charge creation, correct date of charge creation is march 28 2013, so that can i file again the form with correct information or i need to do els, please resolved.
Regards
Nilesh
Raipur.

In a Private Company, a person was appointed as Executive Director for period of five years and his term has been expired.In order to reappoint him on the same designation i.e Executive Director what will be the procedure to be followed?

1. Form 32 is required to be filed again?
2. Can we reappoint him by passing resolution in Board Meeting?

pls state the whole procedure to be followed?
thanks.