EASYOFFICE


Rohan Desai
21 June 2014 at 13:59

Excel calculation of fees?

Hi All,

Can any one provide me or share the excel calculation of stamp duty and other filing fees require for authorized capital.?

Do the needful.

Thanks

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Anonymous
20 June 2014 at 18:48

Security deposit

Company A & B are pvt. Ltd companies with common director. A is providing certain services to B for which consideration is paid to A at market rates. For the performance of contractual obligations, A is required to provide certain amount to B as interest free refundable security deposit.

Security deposit does not fall within the ambit of "deposit" as per Acceptance of deposit Rules 2014.

Deposit is defined to include Loan but there is no definition given for Loan.

In the given scenario, whether payment of security deposit will attract provision of section 185 which prohibits loan to be given to the director or to a concern in which director is interested?

Whether, section 186(7) relating to minimum interest rate will be applicable to security deposit also?

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Arun

Hello sir, Greetings from Arun Shanks, Forwarding the mail from HDFC bank. Please help to understand the notice received. I spoke to the Mumbai Treasury office of the HDFC, they suggested to ask C.A to understand better as they would well aware of this. They want this certificate before 30th June. Please help, regards, Arun Shanks. Statutory Auditors Certificate. Dear sir/Madam, we find from our records that you have entered into Foreign exchange derivative contracts with our bank in FY 2013-14 against underlying exposure viz contracted exposure Extract of FEMA regulations: As per RBI guidelines A.P. (DIR Series) Circular No.32 dated December 28, 2010 issued on Comprehensive Guidelines on Over the Counter (OTC) Foreign Exchange Derivatives and Overseas Hedging of Commodity Price and Freight Risks. in the case of contracted exposure -AD Category I banks must obtain "Quarterly certificates from the statutory auditors of the users, that the contracts outstanding at any point of time with all AD Category I banks during the quarter did not exceed the value of the underlying exposures" Further, as per RBI guidelines vide A.P. (DIR Series) Circular No.2 dated 04 July 2013, while offering hedging products under the contracted exposure route to their customers may obtain an annual certificate from the statutory auditors to the effect that the contracts outstanding with all AD category I banks at any time during the year did not exceed the value of the underlying exposures at that time.

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Anonymous
20 June 2014 at 10:04

Strike off companies

Whether a Company which has been striked off for last 8 years for non filing of
annual filings and have some assets (by fault) gets liquidated by the Govt.
Whether revival is an option.

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RAHUL MAHESHWARI

DEAR SIR,

PLEASE GUIDE ME NEW PROVISION OF CO.ACT 2013.
IF OLD AUDITOR FILED 23B LAST YEAR AND NOW NEW AUDITOR APPOINT IN BETWEEN HOW CAN OLD AUDITOR REMOVE FROM HIS OFFICE BEFORE HIS TERM? WHICH FORMS FILLED UP AT THAT TIME BY AUDITOR AND COMPANY ? AND HOW NEW AUDITOR APPOINT IN THE COMPANIES ACT 2013. WHICH FORMS TO BE FILLED UP AT THE TIME OF NEW APPOINTMENT BY COMPANY AND AUDITOR?

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CA Ketan Gupta

Can a Statutory Auditor be appointed as an Accountant of the company.
If No, then what are the provision regarding penalties to the Auditor as well as to the Company under Companies Act, 1956 & 2013 or under other laws ( CA Code of Ethics, SEBI Act etc).

PS: Kindly support your reply with the relevent Section No. of the respective Act for better clarification & Understanding.

Thanks in advance

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Anonymous
17 June 2014 at 15:03

Section 184

What is the Procedure Under Section 184 of the Companies Act, 2013.

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meena

According to section 164 of Companies Act 2013" No person who is or has been a director of a company which—
(a) has not filed financial statements, or
annual returns for any continuous period of three financial years;"


We want to incorporate a private company in which there are three proposed Director who are promoters also,but after filling INC-1, It comes our notice that one promoter/proposed Director is disqualified because he has been a director of a company which not filled annual returns for more than three years.
Now my question is how we can rectify this mistake as we have given the name of aforesaid person as proposed director of proposed company.

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Ankita Srivastava

What is the procedure for changing registered office of Private Limited company with in same state and in same ROC?
what is the format of Special resolution?

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Anonymous
13 June 2014 at 12:06

Board meeting

WHAT IF THE BOARD MEETING IS NEVER HELD,MINUTES NEVER CIRCULATED,RESOLUTION PASSED WITHOUT ANYBODY'S CONSENT AND FINALLY ALL THE ABOVE ARE FABRICATED/MANUPILATED.

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