meenakshi somasundaram
This Query has 1 replies

This Query has 1 replies

01 December 2024 at 22:16

Restoration Or Purchase

My company holds 30% share in a dissolved company which in turn holds considerable stock in leading Banks and has a valuable landed property.

The official Liquidator knowing fully well of these assets dissolved the company in12020. These shares are with the RTA agents along with the dividend. Official Liquidator knowing fully well of these assets dissolved the company in12020. These shares are with the RTA agents along with the dividend. I approached the liquidator asking him what are the dues that has to be settled. The company has to pay 34% to the workers along with 4% interest. This is 1/6 of the consideration of the shares and landed property. Now I intend to file a case in High court to restore the company to the stage of winding up and claim my share. There are other 2 companies which have share in the dissolved company, but they have been liquidated, one voluntarily some 20 years back and the other by the official liquidator. My question is what should I do? 1 Restore the company and claim my company's share. 2. Buy the dissolved company as I envisage, I will be getting it for a cheaper price. need your guidance






SIDDHARTH MAHESHKUMAR SHAH
This Query has 1 replies

This Query has 1 replies

28 November 2024 at 10:46

TDS Deduction in Private Limited Company

When TDS need to be deducted from Professional Fees in Private Limited Company.
Either Since its Incorporation or when Tax Audit is Applicable


Bhumesh Yadav
This Query has 3 replies

This Query has 3 replies

If the office of the proposed company is owned by a director, and no rent is to be received, is rental agreement mandatory for company registration? Or NOC is enough?

If NOC is enough, should the property be mentioned as 'owned' instead of 'hired/rented' in Agile pro?


Hari Vignesh
This Query has 3 replies

This Query has 3 replies

Should a CA and directors be of same place when signing spice+ forms?


Honestreview K
This Query has 3 replies

This Query has 3 replies

Is sub-associate of associate company is required to follow Ind As. Example: 'A' listed company is holding 30% shares in Company 'B'. The Company 'B' is associate of company 'A'. Again company 'B' is holding 30% shares in company 'C'. Whether the company 'C' is required to follow and apply Ind As.


Amstar Maverick
This Query has 3 replies

This Query has 3 replies

We are two directors of a newly incorporated company currently completing post-incorporation compliance, including INC-22A. Our paid-up capital is ₹50,000, contributed equally in a 1:1 ratio, i.e., ₹25,000 each. For convenience, one director issued a cheque for ₹50,000 to the bank, while the other director transferred their share of ₹25,000 to the director who issued the cheque.

How can we document this arrangement to prove that both directors contributed equally to the paid-up capital? Is the solution of providing bank statements and a declaration sufficient to meet compliance and legal requirements under the Companies Act, 2013?

We would appreciate your guidance on this matter to ensure proper documentation for post-incorporation filings.


FinTax (CA ABHISHEK SINGH)
This Query has 3 replies

This Query has 3 replies

Hello everyone,

can a partnership firm registered under partnership act become partner in a LLP ?


Jaswinder singh
This Query has 5 replies

This Query has 5 replies

Respected Colleagues,
What are the Documentation or compliances has to be prepared before open an office unit of Pvt Ltd? Actually head office is in Mumbai and now company wants to open an office unit of company somewhere in punjab, so i need your advice before intimate to the company officials. Kindly list out details and docs....Regards


Sindhu Santhosh
This Query has 1 replies

This Query has 1 replies

13 November 2024 at 12:11

Doubt in Form AOC 4

For the first year of filing after Incorporation of a company do we need to provide the subscribed capital details at time of incorporation In Form AOC 4 , tab " Share capital raised during the reporting period ". Or its only meant for additional capital raised


PROFESSIONAL ADEPT
This Query has 1 replies

This Query has 1 replies

07 November 2024 at 13:07

Form SH-4 Intimation

How do we intimate Form SH-4 of share transfer in MCA Portal?