Dear Sir/Madam,

Kindly let me know whether it is possible to set off the dividend payable to a shareholder by a company against the amount due/receivable from him to the company? Which section permits/prohibits the same?

Regards,
Soumya

As Director is appointed on 1st October 2010 and board meeting was taken on 18 Oct 2010 for appointment of WTD with effect form 1st Oct 2010.

In above case can BOD appoint WTD with retrospective effect.

What are the mandatory compliance to be met by a private limited company under the company law and income tax. Please suggest. Thanks.

Do we need to file Form 23 also alongwith Form 32 in case of change of designation of director from director to managing director in a private company

in form no 32 what should be entered in category of directors? professional or independent? and why? please reply

Sir/ Madam,

One of my clientele (a private limited Company) would like to purchase a forest under Maharashtra Forest Acquisition Act 1975.
The Memorandom and Article of association of the company is not having objects clause for purchase of forest and cutting trees and export of wood.

1.Kindly, guide me in drafting objects clause for the same.

The existing business of the company is of cold storage.If the directors want to add the additional main object there will be change in name of the company.

If we add the object in other business and after earning profit more than 50% make the same as main object...guide.

Hello everyone,

i have to do audit of a pvt ltd co having authorised capital of rs.100000/- for the fy 10-11 and 11-12.

i want to know the due for filing form 23B (DATE OF EVENT) appointment of auditor for fy 10-11 and fy 11-12 so that i can calculate the late filing fees and make provision for the same in the books of accounts.

Dear Members,

A private company which is a deemed public company accepted Rs. 47500 from its directors for some days.
Is there any default as per the Companies Act, 1956. In case there is a default, how to make good such default.

Is there any provision under Companies Act that a Pvt. Ltd. Co. is required to take the approval from Central Govt. before increasing its Authorised Share Capital?

Sir,
we changed the object clause of the company in year 2011. Now while filing form 23, MCA asks for SIN of Form 21 also. Section 18(4) provides CLB ( now to regional director) can condone the delay.

I want to know, how to get the delay condoned? Is it in application form or petition form? Then where we need to file the same? what will be the fees?

PLEASE HELP....
Thanking you in advance