Kavita R
19 April 2023 at 12:53

Mgt-14 pending for approval

Dear Sir / Mam,

Our company had filed mgt-14 for alteration in articles on 6th April, 2023, which is still pending for approval.

I had raised ticket for the same wherein they replied that it is under process.

But can anyone let me know if the approval for MGT-14 normally takes how many days approx?


Nishant Gandhi

Respected Experts

Kindly let me know what is the depreciation rate of Solar Panel on Factory Shed as per Company act & Income Tax Act


Akanksha Sharma
14 April 2023 at 13:24

Compounding Application GNL-1

Is a Compounding Application filed by a Company in GNL-1 does not go to Public Documents on MCA? Can't find the same on MCA.
If Not, is there anyway to procure it?

TIA


MADHU MITTAL

RBI/DNBR/2016-17/44 Master Direction DNBR.PD.007/03.10.119/2016-17 September 01, 2016 (Updated as on December 29, 2022*) Master Direction - Non-Banking Financial Company – Non-Systemically Important Non-Deposit taking Company (Reserve Bank) Directions, 2016 Chapter – I 2. Applicability (4) (iii) Applicable NBFCs having customer interface but not accessing public funds are exempt from the applicability of Chapter IV of the directions.”
From the above, it can be deduced that “a private limited NBFC having NOF Rs. 2.3 Crore as on 31.03.2023 having no Public Fund” does not require to make provision for NPA as per above RBI Circular and clarified in “PresentationonNBFCsICSI_NIRC_18022017 at page 274” that “NBFC-ND with no PF - Provisioning norms - Not Applicable” . ok. No problem upto here.
Now is there any rule or call it by any name in company law/ ACCOUTING STANDARDS/anywhere to make Provision for Debtors or just like NPA, if Yes, in which law etc. and How much percentage of Debtors in above example.
Please guide, Thanks with regards in advance.


CA Kudire SaiKrishna Varma
13 April 2023 at 22:25

CSR DOCUMENTS

Dear Experts,

Can you please share the list of documents to be collected for onboarding a CSR vendor and what are the documents to be collected once payment remitted to the CSR vendor?

Thanks,
Kudire


Manpreet
05 April 2023 at 17:19

STK-2 -CLOSURE OF COMPANY

Hi All,

Can we apply for STK-2 if there is case pending with GST department.

Thanks


CM
05 April 2023 at 12:51

INC20A filing error

Hello everyone,

Need advice for the below

The company is registered few months ago and INC20A filing is not going through, as during the filing the portal throws error, "DIN number entered is not an approved DIN". if we check the Enquire DIN status. It shows DIN status as approved.

Raised a compliant, but no solution yet. There are only few days left out of 180 days deadline for INC20A filing.

Tried filing the DIR KYC in this week, thinking that would resolve the DIN error, even DIR KYC form is not going through, error is showing up. Any suggestions for doing the INC20A filing?


mohamed ali & co
05 April 2023 at 12:38

Audit trail limit

What is the turnover limit of private limited companies for audit trail ? Does audit trail apply to all private limited companies also.


Akanksha Sharma
04 April 2023 at 22:23

Loan from shareholder u/s 73?

A loan from shareholder of a Private Limited company will be considered as deposit u/s 73?

In view of Ministry of Corporate Affairs vide Notification No. G.S.R.. 583(E) dated 13th June, 2017, Only clauses (a) to (e) of sec 73(2) are exempt.

Does it need to pass SR?
what are the other compliances?
Can't such deposit be repayable on demand or upon receiving a notice within a period of less than six months? Its a short term funding/ convertible into RPS upon notice.

Pl revert asap.
Thanks.


NASEEMUNNISA BEGUM
03 April 2023 at 12:40

Provisional statements to ROC

What is the procedure to file provisional statements to roc.

And how to file the financial statements once audited.

Is there any penalty on directors due to this