Statutory compliances for pvt co having 2 cr authorised cap
This query is : Resolved
16 July 2013
Dear all,
I have following queries relating to newly formed Private Limited Company having Rs.2 crore Authorised Capital and Subscribed capital Rs. 1.80 Cr - For Solar power generation business
1) There is no full time Company Secretary, what type of statutory compliances required to submitted to ROC?
2) Which hidden provisions of company act attracts for 2 cr Authorised capital?
3) Whether capital in kinds (pre-incorporation expenses, assets contributions etc.) allowed or not? If yes what type of compliances required?
Request to guide me the above queries.. cajagdishlade@gmail.com info@jagdishlade.com
thanks a lot
I have following queries relating to newly formed Private Limited Company having Rs.2 crore Authorised Capital and Subscribed capital Rs. 1.80 Cr - For Solar power generation business
1) There is no full time Company Secretary, what type of statutory compliances required to submitted to ROC?
2) Which hidden provisions of company act attracts for 2 cr Authorised capital?
3) Whether capital in kinds (pre-incorporation expenses, assets contributions etc.) allowed or not? If yes what type of compliances required?
Request to guide me the above queries.. cajagdishlade@gmail.com info@jagdishlade.com
thanks a lot
Ajay Mishra
(Expert)
16 July 2013
Hi
No need to have full time company Secretary. You can take compliance certificate on annual basis and send it with Form-66 with ROC.
You will call first Board meeting and passed first agenda items which will be required to be passed.
There is no hidden provision which will attract authorised capital.
No need to have full time company Secretary. You can take compliance certificate on annual basis and send it with Form-66 with ROC.
You will call first Board meeting and passed first agenda items which will be required to be passed.
There is no hidden provision which will attract authorised capital.
Ajay Mishra
(Expert)
16 July 2013
Agenda of First Board Meeting :
AGENDA FOR THE FIRST BOARD MEETING OF THE BOARD OF DIRECTORS OF [NAME OF THE COMPANY] HELD ON [DATE] AT [TIME] AT [ADDRESS OF REGISTERED OFFICE], THE REGISTERED OFFICE OF THE COMPANY
S. NO. Particulars
1. To take note of Certificate of Incorporation.
2. To take note of appointment of first directors.
3. To take note of the disclosure of interest under section 299 and certificate under section 274 (1)(g) of the companies act, 1956.
4. To take note of the registered office of the Company.
5. To appoint first auditors of the Company.
6. To adopt the Common seal of the Company.
7. To decide the financial year of the Company.
8. Allotment of equity shares and issue of share certificates .
9. To approve reimbursement of Preliminary expenses.
10. Waiver of directors fees.
11. Any other item, if any, with the permission of the Chair.
Agenda of First Board Meeting :
AGENDA FOR THE FIRST BOARD MEETING OF THE BOARD OF DIRECTORS OF [NAME OF THE COMPANY] HELD ON [DATE] AT [TIME] AT [ADDRESS OF REGISTERED OFFICE], THE REGISTERED OFFICE OF THE COMPANY
S. NO. Particulars
1. To take note of Certificate of Incorporation.
2. To take note of appointment of first directors.
3. To take note of the disclosure of interest under section 299 and certificate under section 274 (1)(g) of the companies act, 1956.
4. To take note of the registered office of the Company.
5. To appoint first auditors of the Company.
6. To adopt the Common seal of the Company.
7. To decide the financial year of the Company.
8. Allotment of equity shares and issue of share certificates .
9. To approve reimbursement of Preliminary expenses.
10. Waiver of directors fees.
11. Any other item, if any, with the permission of the Chair.
Ajay Mishra
(Expert)
16 July 2013
I think you got the same of Corporate compliance checklist.
16 July 2013
Thank you Mr. Ajay. I got checklist. :)
Just one more thing, what about capital in kind? whether it is possible to contribute capital in kind by promoter directors ?
Just one more thing, what about capital in kind? whether it is possible to contribute capital in kind by promoter directors ?
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
- Accounting treatment of AMC alongwith the purchase of Laptop
- Condonation Request sec 119(2) b -Enhancement Limit of Leave Exemption prior to AY 2023
- Unable to File TDS Q2 Return – New TRACES Portal Error
- Transfer of Physical Stock Between Two Proprietorship Concerns
- Not ordinarily resident having partnership income in India and salary in USA is any form to filed be
- Issuing of delivery challan by seller of goods
- EPF ECR NEW RULES Sep 17th 2026
- GST Treatment of Purchases with GST Paid where Outward Supplies of Manufactured CattleFeed Exempt
- Taxation of crypto futures in India Fy 2026- 2027
- Tax on Amount transferred in HUF Account
- Expert Help Required for TDS Refund 100000 Through TRACES – AY 2022–23
- IMPORT PURCHASE ENTRY PASSED IN BOOKS OF ACCOUNT
- FAST DS 26 Undisclosed Foreign Asset Disclosure Scheme 2026
- Regime change
- Goods sold but invoice not issued
- Tally: Imported bank entries do not show up in manual reconciliation
- Sales of goods of amount Rs97 lakhs to a party
- Confused About My Career After 12th — Cyber Security, AI or Finance? Need Guidance
- FAST-DS 2026 Under Tax Law - No recourse or support for person declaring via this scheme?
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
