Help!! - last agm held on 2010. consequences and remedies ??
This query is : Resolved
04 February 2015
There are four directors in a Pvt ltd compay . Last AGM was held in 2010. Company is still carrying on business.
Please inform the consequences in relation to
1. Company still carrying on business – is it legal?
And explain the position with respect to
2.Validity of functioning of directors
3.Appointment of auditors
4.Filing of forms/returns
5.Fines and penalties and
last but not least
6.Remedial measures
Thanks.
Please inform the consequences in relation to
1. Company still carrying on business – is it legal?
And explain the position with respect to
2.Validity of functioning of directors
3.Appointment of auditors
4.Filing of forms/returns
5.Fines and penalties and
last but not least
6.Remedial measures
Thanks.
19 February 2015
Yes, The legality is not wiped out
the company is still a legal entity and can do business operations
however, you have to file all the annual returns of the company at their respective back dates and have to pay additional fees which may vary on the authorized capital of the company
the company is still a legal entity and can do business operations
however, you have to file all the annual returns of the company at their respective back dates and have to pay additional fees which may vary on the authorized capital of the company
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Tax on Deemed Capital Gain
- Exiting partner in partnership firm in gst portal
- Type of Capital Gain
- F & O PROFIT REPORTING FOR AY 2026-27
- TDS on property - Form 141 query
- ASMT-10 received from A O
- NRI INSURANCE ADVISOR
- Reporting in TDS return
- Applicability of Books of Account for Commission Income (Sections 194D & 194H)
- TDS _Long term Capital Gain ref.sec 214 Table 2
- Technical Glitch in ITR-4 Online Form (AY 2026-27): Sec 44AE Partner Remuneration not mapping to E8
- Housing Society-ITR5
- TDS on Rent received on redevelopment of building
- Indian IT Portal issue in computing tax as per UK-India DTAA
- Capital Gains on sale of residential flat
- Upload Level ValidationITR3Category of Defect B/D
- PF Taxable Income
- Clarification on Tax Audit Applicability and Reporting of F&O Transactions in ITR-3
- Interest credited in FY2025-2026 & TDS therein by EPFO does not reflect in AIS or Form 26AS
- 44ad eligble money lending interest
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
