Sale of substantial assets
This query is : Resolved
16 April 2019
Dear sir,
I want to know that what are the steps to be followed by a private limited company if it sells its substancial portion of fixed Assets..
what type of resolution is to be passed and which form we have to file in ROC to intimate such sale...
pls reply.....
I want to know that what are the steps to be followed by a private limited company if it sells its substancial portion of fixed Assets..
what type of resolution is to be passed and which form we have to file in ROC to intimate such sale...
pls reply.....
16 April 2019
1. Special resolution.
2. e-form MGT-14.
2. e-form MGT-14.
Message likes :
1 times
17 April 2019
But sir ,As per section 180(a) (i.e. special resolution for sale of substantial assets) this is not applicable on private companies ...
this is very confusing please explain and what about postal ballot......
this is very confusing please explain and what about postal ballot......
18 April 2019
Section 180 is enforced from 12-09-2013. However, the said section is made not
applicable to private limited companies through notification GSR 464(E) dated
5-6-2015 meaning thereby board resolution will suffice to sell or dispose.........
Again the said amendment is further amended through notification 583(E) dated
13-06-2017 so as to apply only for those private limited companies which has
not committed a default in filing financial statements with the Registrar u/s137 or
92 of the Companies Act, 2013.
I stand corrected. Error is regretted.
applicable to private limited companies through notification GSR 464(E) dated
5-6-2015 meaning thereby board resolution will suffice to sell or dispose.........
Again the said amendment is further amended through notification 583(E) dated
13-06-2017 so as to apply only for those private limited companies which has
not committed a default in filing financial statements with the Registrar u/s137 or
92 of the Companies Act, 2013.
I stand corrected. Error is regretted.
Message likes :
1 times
20 April 2019
Sir,
then wether we have to file MGT 14 or not...SIR PLS REPLY
then wether we have to file MGT 14 or not...SIR PLS REPLY
22 April 2019
Sir, then wether we have to file MGT 14 or not...SIR PLS REPLY
22 April 2019
No need to file e-Form MGT-14.
Message likes :
1 times
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
- Refund Annexure-B
- Liable to deduct tds and 44ADA
- Sale of Equity shares for Purchase of Residential Property
- Nomination of Bank for refund in itr 2
- Section 56(2) of the Income tax Act 1961 , Gift to relative .
- ECO SUPPLY REPORTIONG IN GSTR-1
- Is Interest applicable for payment made through credit ledger vide DRC03 for FY 2020-21 & 2021-22
- CCFS 2026 Schemed
- Subscription paid to foreign customer
- Two seprate Invoice needed
- E Commerce GSTR1 & 3B how to file
- GST Cancellation without jurisdiction
- Legal Opinion on Registrar's Refusal to Investigate a Society for Non-Renewal and Non-Compliance
- GST Refund_RFD-01
- Form10BD was uploaded successfully without any Error but after 24 hours, Form10BE are not available
- Annexure B utility for GST Refund
- Tax amount diff in Gstr1 and 3B in tax compare reports
- Tds on GST in connection with sale to public company
- Restoration of certificate of practice
- Regarding change in correspondence address in SSP portal
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
CAclubindia
