Sir As per sec. 3(1)(III) privated companies are restricted to accepts the deposits from the public now my question is that Is there any difference between the two terms loans & deposits accoding to the company law if private company accepts the loan from Public.
Please reply that can a private accept a loan from the public?
IF A COMPANY HAS A PAID UP CAPITAL OF RS 9 LACS AS ON 31/03/2011 , BUT AFTER THE PERIOD SAY ON 01/05/2011 IT INCREASED ITS PAID UP CAPITAL TO RS 12 LACS . NOW IS THEIR A NEED OF OBTAINING COMPLIANCE CERTIFICATE BY THE COMPANY FOR THE FINANCIAL YEAR 2010-11 & YA THE DATE OF SIGNING OF BOARD'S REPORT IS 01/09/2011 & AGM IS DUE ON 30/09/2011.????
Answer nowI like to create a Management Consultant Pvt Ltd. for this give some guidance as a ca which type of object clause on MOA is preferable
Answer nowABC Pvt Ltd. has 3 directors 2 of them are not Indians and the third one is Indian.
Now the Indian Director wants to leave the company. In this case is company still complying all the statutory requirements.
sir i have an query that my client is director of the company running a pvt. ltd. company in India since 2008 with object of the company is to developing software . in the financial year 2009-10, 99% of shareholding of the company has purchased by u.s.a. based company therefore my company becomes subsidiary company of u.s.a. based company and the status of my company has convert non- residence company in India. Now the u.s.a. based company has received contract in u.s.a. to developing software and he has transferred funds to its subsidiary company in India to developing the software because the manpower cost is cheapest in india. my query is :-
1. the fund transfered from u.s.a. based company to its subsidiary company is income of the subsidiary company
2. is any tax liability will payable by subsidiary company in india on funds received from holding company
3. is there nay liability of giving service tax
Hi friends,
can anyone please tell me what is the FEMA procedure, when shares are allotted to an American national for consideration other than cash.
Please suggest friends...
Dear All,
Can please anybody provide me the Draft MOA/AOA for BPO Pvt. Ltd. Company.
My email id is akash.lulla@gmail.com
Thanks,
Akash Lulla
Hi,
I had started a Pvt. Ltd Co. in 2009, Since then I had not done any operations, I just opened a bank account in company name and funded it with initial capital investment.
I have not filed any incometax return , or ROC return, I want to shut to the company, so I want to follow easy Exit Scheme,
I want an opinion, that do I need to file all returns and then only can i apply for the scheme or I can directly apply to the scheme.
Thanks in Advance.
Whether all existing DIN holders/directors who are residing outside India and who have not furnished their PAN earlier at the time of obtaining DIN, are required to file Form DIN-4 to furnish their PAN?.
Answer nowI have filed B/S OF f.y 2010-2011 as per Revised Schedule VI.Want to know whether its right to do that or not.
Answer now
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
Difference between deposits and loan