Hi Friends,

What are the possibilities to change the Mobile Number provided for the DIRECTOR IDENTIFICATION NUMBER?

The mobile number provided in DIN records is not active. could not able to use the DIN because of the said issue, not able to receive OTP.

- The DIN was obtained in the current financial year, hence it can't be updated through DIR-3 KYC.
- In DIR-6 director details can be updated except Mobile Number & Email ID. so it won't work.

Please advise any other way to update the mobile number.

Conversion of ECB, including those which are matured but unpaid, into equity is permitted subject to fulfilling certain conditions.

However I wanted to understand whether the same would be permissible under the companies act 2013 ? Companies act basically does not permit conversion of loan into equity unless there is a resolution is passed which has a provision to convert loan into equity.

Pls guide
Hemant

Dear Friends,
I am little bit confused I have the following LLP forms pending for filing

Form No FY

8 (Form of Financial Statement/solvency) 2021-21 & 2021-22
11(Annual Return 2020-21 & 2021-22

what is the last date for filing of these forms without additional fee for both 2020-21 & 2021-22.
Is there any issue like form 8 or 11 still under revision and new form/s not released by MCA.

Thanks
P.C. Joshi

Is there any restriction on purchase of shares of private limited company in cash.

Respected Sir/Madamed
Is It Mandatory to pay Dividend on Fixed percentage Redeemable preference share by Private limited Company for F Y 2021-2022?
xyz PVT. LTD. Company had not paid any dividend to its equity sahre holders during year f y 2021-2022, Company is in profit with appropirate reserves and surplus
As Per Companies Act 2013 with latest amendment applicable to Private Limited Company for F Y 2021-2022
Thanking You

Dear Sir,
I am struck with an error/warning message while uploading/filing the Form 11. The error was the DPIN entered is not approved DIN/DPIN.
-> The concern DPIN/DIN KYC was completed
-> Please suggest me any solution to resolve the issue

"Declaration of directors/ shareholders Previous name to be mentioned in Altered AAOA & AMOA with footnoting" this is the Message received on for filing Form MGT 14 and asked for Resubmission.
Is there a proper format to be uploaded

Sir,

My Company has to declare dividend for the financial year 2021-22 out of the profit of the current financial year. Whether this dividend expense was allowable under income tax act. Whether it was taxable in the hands of the company or shareholder.

In respect of shares which are proposed to be issued on a right basis, existing members would have a right to renounce shares likely allotted to them. If the existing shareholders renounce their shares then these shares will be allotted to the renounce first time therefore no transfer will take place. I cant understand this paragraph.

I AM A DIRECTOR WITH A COMPANY WITH 5% STAKE .. REST IS WITH 2 OTHERS .. LAST YEAR THEY DECIDED TO CLOSE THE COMPANY .. BUT I WANTED TO TAKE IT FURTHER AND ASKED THEM TO TRANSFER THE COMPANY IN MY NAME .. IT WAS AGREED .. THERE IS SOME PAYMENTS PENDING TO VENDORS N CLIENTS N AUDITORS WHICH WAS DECIDED IT WILL BE PAID BY THEM .. LAST 2 YEARS EVEN THE AUDIT HAS NOT BEEN CONDUCTED

BUT SINCE THAN THEY BOTH ARE NOT COMMUNICATING .. I DO NOT HAVE ACCESS TO ANY COMPANY PROCESSES OR EVEN BANKING .. IT IS A GUJARAT BASED COMPANY AND I WAS PLACED IN BANGALORE .. FOR SURE THERE ARE NO TRANSACTIONS HAPPENING AS OF NOW WITHIN THE COMPANY

ANY ATTEMPT TO CONTACT THEM HAS BEEN FUTILE EVEN THROUGH OUR CA AND AUDITOR ..

I WANT TO KNOW WHAT PROCEDURES I WILL HAVE TO TAKE

1. GET THE COMPANY TRANSFERRED ON MY NAME ( WITH NEW DIRECTORS )
2. IF I NEED TO COMPLAINT THEN WHERE AND TO WHOM SHOULD I COMPLAINT
3. I EVEN HAVE SOME PAYMENTS TO BE MADE TO ME BY THE COMPANY .. HOW DO I CLAIM THAT TOO ..