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Anonymous
12 January 2016 at 13:50

Requirement of object clause_urgent

Hello Sir/ Madam, I want to form a Private Limited Company. I need MOA object clause for "Women and Youth empowerment" by means of education, social and economic activities. Please provide ASAP..

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Mahesh kumar

Dear Experts,

Can anyone properly interpret the below definition.

A transaction with a related party shall be considered material if
the transaction(s) to be entered into individually or taken together with
previous transactions during a financial year, exceeds ten percent of the
annual consolidated turnover of the listed entity as per the last audited
financial statements of the listed entity.

As per New guidelines we have to inform regarding Material RPT, so am confused whether that definition will be read with regard to a transaction or a related party.

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Anonymous

Dear Sir,

My query is, whether valuation of share as on the date of conversion is required for a unlisted private company, In case of conversion of Unsecured Loans, extended by the current equity share holders. ?

Or

Conversion is possible without valuation just by giving away shares at face value plus some premium amount per share, arbitrarily.

Please note current directors and shareholders are same in whose name conversion is taking place.

Awaiting response.

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saurabh
07 January 2016 at 17:56

Closure of private limited

Dear Experts,

I want to close a private limited company just formed 5 months back, please let me know what are the formalities, and forms to be filled.??
or we should wait for one year and then go for fast track exit.??

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Anonymous

one of my client has desire to form one person company (OPC) but she don't have any proof of identity listed and required in e-form INC-2 but she have other identity proof such as bank statement pan card and other but don't have any four listed in e-form INC-2 i.e. AADHAAR Card, Voter ID Card, Passport, Driving Licence. i wish to know whether my client use any other proof of identity attested or notarized etc.
please guide....please.....please

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Jethmal Singhvi
06 January 2016 at 15:42

Roc compliance

Sir,
I want to know about ROC compliance when A private company purchased fixed assets and finance same from banks and Financial Institutions.

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Anonymous

DEAR SIR
WE ARE A QUESTION FOR YOU AND ANY ONE ANSERED PLEASE TELL ME

WE HAVE A NEW COMPANY ACCOUNTED ARE OPTED IN 01/04/2014 TO 31/03/2015 AND WE HAVE FILLIED AUDIT REPORT IN INCOME TAX BUT WE HAVE NO DOCUMENT FILLIED IN ROC PLEASE TELL ME PREVIOUS AUDITOR RESIGNATION IN HOW AND WHOSE DATE APPOINT FOR THIS COMPANY IN 01/04/2014 TO 31/03/2015

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Anonymous
01 January 2016 at 07:40

Din invalid

Dear Expert,
Last week, I have applied for DIN for a Director for a newly incorporated company. The DIN has been allotted and approved but while i using it and do a pre-fill it shows enter valid DIN. Also, i check in MCA site verify DIN/PAN of Directors and it shows DIN has not been matched with DIN Database.
I raised a ticket query in MCA but they not able to give proper solution to me. They give a solution as the DSC for PAN is not register in MCA portal. I have tried to register a DSC for PAN of a concerned Director and it shows PAN not does not exist in system.
I contacted DIN Cell, Helpdesk of MCA all are not able to give proper solution. Kindly advise.

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venkat ayinala
29 December 2015 at 18:00

Related party transaction

Dear Sir/Madame,
Please clarify me regarding the following points for a private limited company.

1. Does Managerial Remuneration given to Directors covers under related party transaction
2. Salary paid to relatives of a Director is a related party transaction or not.
3.As per the provisions the interested directors can not vote on meetings where the decisions are taken regarding the contracts where such directors are interested. If all the directors are interested parties to the contract how the contract will be entered and decisions regarding it will be taken.? If it is a public company what is the procedure.

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Ankit Singhal
29 December 2015 at 09:18

Csr queries

Once we fall in ambit of sec 135; and for fulfill the CSR obligations we build a hospital. how this hospital will be shown in books? And further in the future years if the company do not fall in ambit of 135; then how will hospital running expenses will be booked?

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