spice+ form i want to make as under :-
1. one professional ca director without subscription
2. one individual director cum subscriber and
3. one individual subscriber but not director
So total 2 directors (one professional and one subscriber-cum-director) and 2 subscribers (one subscriber cum subscriber and one only subscriber)

but mca spice+ form mixes up between subscribrer-director and only subscriber link)
(individual subscriber who is not director should open but sub-cum-director window opens by mistake of portal)


my view--> no idea why an individual cant be just a subscriber, why he has to also be director in spice++ form? problem is in point c in spice+ form,
i know its confusing, just any thoughts?

Whether Provision for Bad & Doubtful Debts is a deductible under Section 198 ?

Dear friends,
A pvt co had 2directors.one wanted to resign. They appointed another  person in his place as an additional director in the same BM. But the outgoing director  already filed his form DIR 11 before filing form DIR-12 by the company. Now The company has less than two min directors and MCA master data /MCA list of signatories shows only 1ditector whose dsc expired in 2019. What is the option of the company to appoint a new director who can file DIr-12 with his DSC or can the existing Director update his dsc and then complete the appointment formalities for new director.
Thanks,P.C. Joshi  

Dear sir,
We used to purchase Bank Guarantee, Letter of credit from financial institution or bank depositing 100 % margin as deposit during duration of Bank Guarantee or Letter of credit.
Bank will create lien on fixed deposits.
I need advice from expert team,
1. whether creating lien on Fixed deposit is termed as
encumbursence of asset of company.
2.whether bank is under obligation create charge @ roc/MCA

Can a private limited company issue share to director against his unsecured loan and director is also the shareholder in the company.

hello all could u please guide that whether a Foreign Russian director and sharholder holding 99% shareholding in Rs 2lakh share capital co. Now to purchase new machinery in india in what way he can invest his funds from Russia to India. i.e whther by increase of authorized share capital or External commercial Borrowings (ECB). what are procudures and legal compliance with ROC, RBI AND OTHER AUTHORITIES . LOOKING FORWARD FOR RESPONSE

Dear Experts,

A Private limited company don’t have Trade Payables/Receivables during the current & previous years. I have Prepared BalaNce sheet as per revised Schedule III format specifying Trade Payable/Receivables as per format provided. How do I need to present the same in notes to accounts? Can I skip the Trade payables/receivbles schedule in notes to accounts or do I need to mention it with blank values with yearly break up as asked in sch III? Please advice.


Thanks in Advance

Can director give loan to company by the way of cash deposit in bank(company's)?
is this possible?

If it possible please give an explanation.

Please, reply.

Thank you.

We are Pvt Ltd Co. we are going to "Rent Out" a portion of our building, is we need to pass a resolution in the board meeting to do the same.

Kindly advice

Hi,
The director of an Indian entity has started another company in Dubai.

This Dubai entity has utilized some employees on the rolls of the Indian entity to work for the Dubai entity.

The salaries for these indian employees for the duration that they were working for the Dubai entity have been processed through the Indian Entity.

Now, we want to transfer these employees legally to Dubai Entity.

And, Dubai Entity wants to reimburse the Indian entity for the salaries for these employees for the period they were on the rolls of Indian entity but were working for the Dubai Entity.

What is the best hassle free way to settle this payment for these employees with the Indian Entity?