Ravikumar.G's Expert Profile

Queries Replied : 1190

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sushil kaudinya says : share valuation guidelines
Hi Ravikumar, in reply to a query u had sent the guidelines(CCI)for share valuation. In case of existing companies that is ok but what should we do in case of new pvt. companies.In our case the RBI has asked the CA certificate for val. of shares as per CCI guidel.Our company was formed in 2008 only and we have issued further shares at par after 5-6 months.I have giventhe certificate that the company is a new one and shares has been issued at par, but recently recd. a letter from RBI for new certificate as per CCI guidelines.Do u have a format for that(for new company). Pl.advise

kaustubh says : help
sir, pvt ltd company was formed with 2 directors. 2nd director has rented more than 50% factory & collecting rent under his proprietary firm & paying TDS too. When company is formed a current account is also opened but he has not kept any kind of books since the account is opened & the account is running quite good till date. How can we remove him from his post of director & can he challenge us in any legal matter ? will company get any kind of rebate from his proprietary firm ? what kind of charges can company take against him ? with all this happened will there be any kind of problem for our pvt ltd company ? if yes how can we get out of that ? thanks kaustubh

Learn says : Can salary of indian company be reimbursed abroad
Just saw your astounding knowledge on FEMA, hence thought of asking this. I understand that if money is received from abroad it can be for equity purpose or loan. File fcgpr for equity & comply ecb for loan. My query is, if FIRC states "Invoice Payment" or "Salary" or "Working Capital", what compliances to be made? Thanks, Vj http://yehseeyes.blogspot.com Would love to meet you in person.

Amit Bhatkar says : Keyman Insurance Policy
What will happen if the keyman leaves the company ? Does company can claim to insurance company for loss ? Amit Email ID : amit.bhatkar@gmail.com