we are going to close the pvt ltd company in October 2015 so what is procedure of ROC and which Form are to be filed? whether we have to file annual forms of ROC of F.Y 2015-16 in next year?

How to provide depreciation on assets purchased during the year 2014-15 as per Schedule II..?

In schedule II it is mentioned that "dep. on such assets shall be calculated on pro rata basis from the date of such addition."

Does it mean that we need to do days wise calculation for depreciation??

Dear Sir :

We are an Automobile Car dealership of a leading brand, For purchase of our Car stock we have got an INF (Inventory Funding facility) from a financier (say X) & cars brought from the manufacturer are through the financier. (thus all are stock in trade cars are hypothecated to The Financier,X). Now, we are using our Stock in trade cars for Demo purpose & thus getting another loan from a financier. Now, do we have to file a charge against the 2nd loan also (as for the 1st INF facility, Charge has been created on my whole stock value)

kindly help

Section 161 of the Companies Act, 2013 states that a Nominee Director shall be appointed by the Board of Directors of the Company, if the AOA permits.

In light of the same, kindly confirm-

1. If such Director (not liable to retire by rotation) may be appointed by resolution passed by circulation by the Board of Directors of the Company;

2. Does the nomination & remuneration require recommending such appointment or not as such person is nominated by the financial institution?

Dear Sir/Madam
I want to know that what will be business activity code for film production at MCA website. Earlier I have been filled Other business activity then it is showing error.

Dear Expert,
I have filed 23AC, 23ACA & 20B of my Company last year but now as the Company forms Changes, What Forms i have to file in regard to Annual Filling & What is AOC-4 & MGT-7 & i have filed ADT-1 or GNL-2 last year in which "The Auditor has been appointed for 5 Years" so, i have to filed again ADT-1 for Auditor Appointment, Please Clarify the same as soon as possible.

Dear Learned members,

Request you all to Please advice on the following:

A private limited was formed in September,2014 but till it has not opened its Bank account neither it has filed INC-21 nor it has received any subscription money. Please guide me what steps to be taken now and the consequences thereof



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Regards -
Kapil Dudeja

I want to incorporate a company by filing a single form i.c.inc29 how much cost it will incurred and how many days it will take kindly let me know.

Dear all,
Can you please help me in an interesting case which I need to resolve.
Suppose, there are 2 companies Ajay Pvt Ltd and Vijay Ltd. Ajay Pvt Ltd invested 10Cr. in Vijay Ltd out of which shares were issued of 5Cr. at Rs. 10+ 20Rs. premium to Ajay Pvt Ltd by Vijay Ltd. There is one common diretor Mr. Satish in both the Companies.It has been three years since shares issued but no dividend was declared and no any other notice was circulated by the Vijay Ltd to Mr. Satish regarding any business of the Company. Remaining 5Cr. is pending as share application money. Vijay Ltd is not issuing shares of this amount nor sharing any profit as dividend to Ajay Pvt Ltd. Then question is how Ajay Pvt Ltd can recover money from Vijay Ltd of Rs. 5Cr.? Can there be any legal action taken? Can appeal be filed with CLB OR NCLT? State all kinds of options with Ajay Pvt Ltd to recover this 5Cr.

CAN ANYONE GUIDE ME TO MY FOLLOWING DOUBT :
Q. XYZ LTD A COMPANY COMES UNDER DEFINITION OF SMALL COMPANY WHICH IS EXEMPTED AS PER EXCEPTION NO. 4 TO APPLICABILTY OF CARO 2015 AS ISSUED BY MCA. HOWEVER SUCH COMPANY HAS PAID UP CAPITAL AND RESERVE EXCEEDING Rs.50,00,00 ANDD OUTSTANDING LOAN IS NIL AND DOES NOT HAVE ANY TURN OVER OF EXCEEDING Rs.5cr AT ANY POINT OF TIME DURING THE F.Y. . MY QUESTION IS WHETHER CARO 2015 WILL BE APPLICABLE TO XYZ COMPANY OR NOT ?