How to add a new business in private limited co.
This query is : Resolved
28 November 2012
A registered company is engaged in forex business now it wants to add construction business under the same name. So what is the procedure for the same.
28 November 2012
Hi
You can not do the two different business in same company.
Forex business and construction business are two different field.
You can not do the two different business in same company.
Forex business and construction business are two different field.
28 November 2012
Thanks Mr.Ajay Mishra
Company has mentioned in the memorandum of association, in the B part of the object incidental or ancillary to the attainment of the main object. that the company can do construction work
Company has mentioned in the memorandum of association, in the B part of the object incidental or ancillary to the attainment of the main object. that the company can do construction work
28 November 2012
Private company may start any business mentioned in the MOA with Board Resolution.
Public Company has to pass special resolution to start the business mentioned in the other objects and file form 20A.
However, a company shall be deemed to commence any business if and only if it commences any new business which is not germane to the business which it is carrying on.
Public Company has to pass special resolution to start the business mentioned in the other objects and file form 20A.
However, a company shall be deemed to commence any business if and only if it commences any new business which is not germane to the business which it is carrying on.
08 January 2013
Pass a special resolution and apply for changes in the main object of the company. ROC will ask you to include construction word in the name of the company. uneed to change the name of the company also.
however upto 50% of total turnover you can carry on the construction work without changes since it is there in you MOA incidental objects
however upto 50% of total turnover you can carry on the construction work without changes since it is there in you MOA incidental objects
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- REGARDING GST ON COMMERICIAL PROPERTY
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- TDS U/S. 194NF
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- GST on export of services and Input Credit
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- Applicable TDS rate for sale of property in Nov 2024
- REGARDING 25 AS DATE OF PAYMENT AND DATE OF BOOKING
- MIS MATCH OF INVOICE NUMBER
- VERIFICATION OF REFUND RELATED
- GST Regis.
- ITC c/f from FY2022-23 to FY2023-24 entered the same in table 8C of GSTR9 of FY 2022-23, in FY23-24
- Late filling fees Demand by gst office
- IGST Credit-Show cause notice issued-confusion
- Short and Excess provision of expenses
- Issue of gst e invoice
- Interchangeable words in accounts
- Adjusted profit/Loss in the case of LLP and Pvt. Ltd.company
Trending Online Classes
CAclubindia
