Hi,

Someone may please reply to the following query(s):

ABC Private Limited had paid up capital Rs.1 Lac as on 31.03.12.

Note 1. Company increased its paid up capital to Rs.1 Crore on 30.06.12.

Note 2. 99.50% of the paid up capital is held by foreign holding company.

Consequently, Indian private company became a subsidiary of foreign company.


Query

Should the company while filling Form 23AC say YES
to the field 8.(a) *Whether the company is a subsidiary company as defined under section 4?


Ans : ....................... (please see note 1. above and give reply)


Thanks.

Hi,

Someone may please reply to the following query(s):

ABC Private Limited had:

- paid up capital Rs.1 Lac and

- Reserves and Surplus (negative balance) Rs.2 Crores as on 31.03.12.

- turnover Rs.1.95 Crores.

- no secured loans from banks or any parties.


Query

Whether CARO shall apply to the said company, which has NEGATIVE BALANCE of Rs.2 Crores of Reserves and surplus ?

Ans : .......................


Thanks.

Hi,


Someone may please reply to the following query(s):


Query

Whether Section 274(1)(g) requirement from directors shall apply to all type of companies or it shall not apply to an independent private company.

Ans : .......................


Thanks.

A Private Limited Company has filed DIN 3 for a Director with wrong designation i.e. instead of Managing Director they have filed the form with the designation-Director. Is it possible to file fresh Form DIN-3 by attaching a copy of Board resolution or else what is the remedy?

Please suggest us all possible remedies

what if private company commences business before incorporation.

what are the different legal consequences

can non architect become partners in architect firm??

Dear Members,

Please guide who all can sign the Form 7B for Shares Transfer on behalf of Transferor and Transferee. Can there be a person other than a Director.



Thanks in Advance

HOW CAN I REVISE E-FORM 23AC/23ACA..PLEASE TELL ME THE PROCEDURE.

What is the maximum term of office of a whole time director.

This was asked in cwa foundation exam in dec.

Thanks

Sir can you please help me that how before incorporation i can attached copy of lease deed with form 18. The property is taken on rent from director.