HEY!!!
I JUST READ SECTION 144 OF COMPANY ACT 2013. IT SAYS..
An auditor appointed under this Act shall provide to the company only such
other services as are approved by the Board of Directors or the audit committee, as the case
may be, but which shall not include any of the following services (whether such services are
rendered directly or indirectly to the company or its holding company or subsidiary company,
namely:—
(a) accounting and book keeping services;
(b) internal audit;
(c) design and implementation of any financial information system;
(d) actuarial services;
(e) investment advisory services;
(f) investment banking services;
(g) rendering of outsourced financial services;
(h) management services; and
(i) any other kind of services as may be prescribed
I JUST WANT THE KNOW WHAT DOES THE WORD "THE COMPANY" MEANS .. DOES IT MEANS ALL COMPANIES OR ELSE DEFINED SOMEWHERE ???
Can any1 help me with the procedure of winding up of a newly incorporated subsidiary Company. The promoter have not paid the subscription money also and a year has passed since incorporation
Answer nowI have one query under section 372A, One public company wants to provide loan to another company, but as per last audited balance sheet, company suffer losses and have debit balance in profit & loss account. Now my query is: For calculation of free reserves limits as per section 372A of the Act whether the losses in the profit and loss account need to be deducted or not. As per my understanding free reserves means those reserves which (as per the latest audited balance sheet), are free for distribution as dividend and hence debit balance in profit&loss account will not consider.
Please correct me, if i m wrong. I seek your valued suggestion on the above mentioned query.
Regards, CA Ashish Agarwal
What are the consequences if Company has not given appointment intimation to auditors within 7 days of AGM
rsbglr@gmail.com
Hello Friends,
Please Help me in the following cases :-
Case 1 :-
If the company(Private Limited) is incorporated in AUg. 2012, & they have appointed 1 auditor, but they have not intimated the same to ROC and even the auditor also not intimated the same to the ROC.
whether there is penalty now ?
Case 2 :-
if the company is incorporated on 31st Dec. 2012.
Friends please suggest.
Regards
Sumit
Dear All,
I would like to know that in the AGM, when the company is regularizing the additional director to regular director; can the company make him as director not liable to retire for rotation (permanent).
The director does not own any shares. The company is a private Ltd company.
Filing form 32 will be sufficient or any other documents are required.?
Whether Special Notice is required?
Kindly Help
Sir ,
A IT Engineer providing web developing services Wants to register As a company
Is he has to register only in the Service Tax
Act Or
Only Under Company Act
OR
Under Both Acts
If Mr.A having folio No. 1 transfers all his shares to Mr.B (who has folio no.2), is it possible to change Mr.B's folio number to 1 or will it remain to be folio no.2 ? What will happen to folio no.1 of Mr.A ?
While filing the annual returns
1- in uploading 23AC , 23ACA & 20B
(A)and did the attachments require to be first physically signed & stamped both by the Auditor & the director an then scanned and uploaded or Can Physically unsigned attachments be uploaded only using the DSC's of the auditor & Director.
(B)what attachments will be annexed,
Please answer in detail
There is a private limited registered as “ xxx Builders & Developer Pvt Ltd.”. Its main object is for dealing in properties.
Now its directors want to start a new business of medical(medicine).
So, what a procedure for it? Or company requires to change name.
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
Company act 2013 section 144