Dear Sir,

Kindly advise how to register the newly reconstituted partnership firm in 2024 with ROI.

Thanks and regards in advance.

Dear Professional Colleagues, I needed guidance on one particular issue regarding conversion of Public company into Private company. We are converting public company into private company. We have complied with the required compliances such as advertisements, filing of MGT-14, sending notices to the creditors etc. We have submitted application to the Hon.Regional Director also. However query is generated regarding sending proof of notices to the creditors. My question is whether we have to submit actual notices sent all the creditors on letter head of company or only acknowledgements of register A.D. are sufficient because there will be much volume of all the notices sent to the creditors.

If Networth of unlisted company as on 31/03/2025 will be more than 250 crores then when to apply IND AS? Since as per section -2(57) of companies act, 2013 which defines Networth include networth "as per audited balance sheet " then on what basis we applies IND AS from 01.04.2025 if audit will done by September month and and also in some cases done by November month?

If a company delays conducting AGM is there any option to pay less penalty?

Dear Sir,

Kindly confirm as to where we can update the UDIN in ROC annual filing forms in AOC-4 and MGT-7 or MGT-7A.

Thanks and regards,
K.Rajeswari.

Hello, Can you please let me know the process to classify the unclassified portion of authorised capital?

In case LLP has been incorporated on or after 1st October of financial year, then LLP can close its first financial year either on the coming or next 31st March i.e. LLP files its first financial year details for 18 months.

If a MSME vendor for reasons of negligence/ignorance forgets to claim interest on delayed payments, can we as a buyer reverse the provision we made for Interest and if yes when?

I incoporated a company in 2019 for which the returns were filed till 2021. After that the company has done no compliance, no ITR. The company has generated no revenue since inception (there was no sale purchase), All years i have filed NIL GST. I have closed the bank account and GST No. I wish to go for a voluntary strike off. My CA says i will bear no penalty since the company never had any business transaction during any of the years i will not get penalty for 22-2024. However, many people are of the view that irrespective of the no business transaction. A penalty would be levied. Which will come to around 2.5 lacs. I am in a great stress.
What does company act say about this? A company which has done no business (Always NIL GST), Only paid to the CA via transferring some money from my account. If it doesn't files annual return will it get a waiver?

Sir
Happy New Year to all experts.
My query is can the transferred shares be reinstated. If yes what is the procedure.
The payment cheque was given to the seller but he has not got the cheque cleared till date.
Regards