Hi,

Is MGt-4,5,6 filining applicable to company formed through JV agreement where nominee shareholders are appointed and are holding shares on behalf of JV partner . Dividend is paid to paid to JV partners only.

Dear Sirs : One of my client, a Private Limited Company earned net profit (before tax) Rs.5.50 crores for period ending 31-03-2024. I undrstand that CSR is now applicable for period starting 01-04-2024 onwards. My query is (1) Party has to spend 2 % of Net profit before tax OR 2 % of net profit after tax. (2) Should I make a provision of this CSR fund in books ending on 31-03-2024 or not. Kind Regards

Private Limited company
Paid up share capital 1.74 cr
Reserves - 2.65 cr
Turnover - 47 cr

Is CARO applicable on this company

Dear Experts,
A Remark came from MCA asking for the following details for Name Registration process:

Kindly give me the required format for the same.

1. A declaration is required as per Rule 8A(1)(p) of Companies (Incorporation) Fifth Amendment Rules, 2019 stating that the requirements mandated by the respective regulator have been complied with.
2. NOC

Is there any rule regarding that for getting a name for company it necessary to have two words?

Eg... Z X pvt Ltd?

Can't we get Z pvt Ltd

On MCA 21 in COMPANY’S MASTER DATA the Date of Balance Sheet is showing as 31/03/2019
AND Date of last AGM is showing 30/09/2019. The status of the company is showing as active as on today 07 Aug 2024. there are no documents showing in VIEW PUBLIC DOCUMENTS from 2020 and thereafter. One has to file a civil suit against company for recovery of money Rs. 900000(Nine Lakh) so we want to know Whether the company is liquidated or windup or not as on today. And from where we get these exact information?

Our company allot share on rights issue basis, as part of that share holders transfer money to company's over draft account, is there any issue in that transaction?

Can we appoint the R&TA in Mumbai, for a PVT. LTD. CO. having registered office at Bangalore.

Kindly revert urgently.

Greetings,

I would like to inform that as per company act depreciation on factory building useful life is 30 Years. Company has freedom to reduce the time if 2/3 shift working at factory premises. Company has been charging depreciation as per useful life of assets 30 Years since last 12 years. Where building construction on plot on lease. Lease from group of company. Lease period is 10 years.

Now New internal auditor pointed out that lease is 10 years then useful life of building should be 10 years not 30 years which is charged depreciation since last 12 years. Our statutory audit is big-4 .

My Query is can I change % depreciation rate and reduce useful life of assets from 30 years to next 10 years.

I have raised a query only in point of view of Company Act and Not income Tax act point of view.

Can you help me?

Regards,

Choudhari

if one joint shareholder dies, then surviving shreholder gets the ownership of shares, right?
my view--> its not fair to legal heirs of shareholder who died, but registrar of listed companies follow above rule
my q--> by which law, this rule is there? sebi or company law? which section?