23 March 2019 at 14:53

Auditor resignation

Auditor give resignation 1-3-19,., It's term End on 31-3-20. What the procedure for change the auditor and what form to be filled by auditors and company.

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We have submitted Form 20A with MCA and it is approved through STP. My doubt is whether that completes the process for commencement of business or do we receive any certificate for commencement of business post that?

your response will be much appreciated, thank you in advance

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23 March 2019 at 11:47

Dir 3kyc

Do Dir 3kyc need to file every year before 30/04/2019 for directors ?

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22 March 2019 at 19:00

Nidhi company incorporation

Can a Nidhi Company be incorporated with Zero Capital after new amendments under the Act?

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22 March 2019 at 17:46

Redemption of preference shares

If a company has defaulted in payment of dividend to preference shareholders, can the same preference shares be redeemed without paying dividend. What is the procedure?

Thank you!

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Dear Sir/Madam,

Please guide to us on conversion of Unsecured Loan in to Equity by a "Private Limited Company".

As we read the Section 62 (3) of the Companies Act regarding Conversion of Loan in to Equity, it says that a "Special Board Resolution" must be passed before taking loan containing that this loan will be converted in to Equity.

We are already having Unsecured Loans in our books from Directors, and no such resolution regarding conversion
of Loan in to Equity has been passed.

Now how can we convert this loan in to Equity?

Is there any remedy for such loan for conversion in to Equity in the Companies Act?


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22 March 2019 at 16:27

Csr expense- advisory service

Hi All,

Can advisory fees for CSR Construct and review of CSR framework can be considered as CSR Administrative expenses?

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22 March 2019 at 14:19

Transfer of contribution in llp


We by executing the deed of transfer easily transfer the shares in company

What is the procedure in LLP for transfer of contribution.

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Dear Experts,

Hypothetically i draw my situation so that its easy for you to give more clarity on the matter:
there is one partnership firm ABC Firm, at the time of conversion of the same ABC Firm to ABC Pvt Ltd, in the books of partnership firm there is o/s unsecured loan, which is prohibited as per companies act, 2013.
Companies can not take uncured loan from third party...

What are consequence for the same.

Thanks in advance

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21 March 2019 at 23:40

Memorandum of association

Can a guardian sign MOA on behalf of a minor? If so, then what will be the effect of registration where there is only two subscribers, one is adult and other is minor.

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