03 April 2012
in the case of private limited company with registered office is in one state and branch office situated in another state of india ( where more business transaction occurs),
1)is it correct to operate banking transactions and account transactions regarding share capital increase etc by the branch office with it's accounts section (ofcourse under written concurrence from regd office)
2)will it be enough if the copies of transaction entries could be supplied for audit in the regd office for the audit of the whole company
04 April 2012
Now a days banking transaction can be operated from any part of the company. As regards filing of documents with ROC it can be done from any place whether it is your branch or HO as you are doing it for the company and not for any place. For audit you can provide all records to the auditor at the HO including branches