rule rules incorporation companies
Dear Members,
I received a resubmission on using the word PVT LTD in Letterhead instead of Private Limited Stating the Violation of Section 4 of Companies Act 2013.
Kindly Guide on the received Resubmission with relevant sections and Rules.
Thank You !!!
limited private instead submission
Dear Members,
Please describe the procedure of alteration of Share Capital when one Director, as well as Subscriber of the company, resigns from the company and another director takes his place.
Please tell the procedure to return the share capital introduced the foregone director and procedure for new introducing share capital by the new director as per new profit sharing ratio.
Thank You.!!!
capital share alteration procedure
Dear Members,
There is a small doubt, for filing Form FCGPR - can we use the valuation certificate issued by a Registered Valuer? Please advice. I got a re-submission saying that it is not allowed.
Kindly advice.
resubmission
Dear Members,
Can anyone please share with me the Format of Corporate due diligence report,
Thank You!!!
Dear All
An Auditor who was a proprietor and a Statutory Auditor of Company has changed the constitution of Proprietorship to Partnership Firm and Bank Account & PAN No has also changed. So, the question which arises here is whether the Casual has arisen here and if so then Company has to file his resignation and appoint another auditor in his place or we do not have file any Form with MCA and his appointment will continue. If his appointment will continue without any fresh intimation to MCA, then whether the Company has to give intimation to Stock exchange as the Company is listed.
Please provide your inputs.
auditor statutory constitution change
Hello All
I am having one Holding and its 4 Subsidiaries, For BEN-2 will be the reporting company and the shareholders of Holding Company who are having 10 or more than 10% shares they have to give ben-1 declarations to reporting company.
My query is while filing the form-BEN-2 I kept For the declaration of Significant Beneficial Ownership under Section 90
Number of Significant Beneficial Owners for whom the form is being filed -03
Details of First SBO got filled in the Form but while filing the details of Second SBO the CIN of the Holding Company is not getting filled and showing an error message of this.
If anyone knows the solution kindly share.
error owner beneficial significant
Dear Members,
Active co. has only two directors and these two directors vacated office due to strike off another Pvt Ltd.. group co. Now this Active co wants to induct new director thru back end process u/s 167(3). But this new director has to obtain Din before applying to ROC. These directors have no other company other than these two companies. Now for applying to DIN of the new director, form DIR-3 requires an introduction by another director of a company. They tried to get somebody to affix the DSC on DIR-3 but they did not succeed. These two directors are husband and wife and they are operating a small business.
Now please suggest an alternative to this problem so that they can induct new director thru back end process and complete the filing of the pending AOC-4 & MGT-7. They do not want to revive the strike-off company.
Members, Please suggest a practical solution to this. !!!!
Dear Learned Members,
We had incorporated a Pvt ltd company on 26/3/2019. And we filed adt-1 for the appointment of first auditor. And in ADT -1, we had the shown the period for which he had been appointed to audit the accounts as from 26/3/19 to 31/3/19.
Now after reading the definition of financial year in companies act 2013, we understand that the period that we have shown in adt-1 might be wrong. Bcoz as per the financial year definition, companies incorporated after 1st January must end its financial year in the following year.i,e 31st March 2020.
Although, we don't have issues in auditing the accounts for the period from 26/3/19 to 31/3/19 and conducting its first agm. But we don't know whether it will be legally right.
Please suggest if there is any way out from this problem. Can we revised ADT -1 and file again.
Regards,
company incorporated newly revised 
Foreign Nationations includes NRI (subscriber is of Indian origin)
This provision is related to the incorporation of a company where the subscriber to the memorandum is a foreign national residing outside India. The provision outlines the requirements for notarization and authentication of the subscriber's signatures and proof of identity on the memorandum and articles of association.
If the subscriber is a foreign national residing in a country that is part of the Commonwealth, their signatures and proof of identity must be notarized by a Notary (Public) in that part of the Commonwealth.
If the subscriber is a foreign national residing in a country that is a party to the Hague Apostille Convention, 1961, their signatures and proof of identity must be notarized by a Notary (Public) of the country of their origin and be duly apostillised in accordance with the said Hague Convention.
If the subscriber is a foreign national residing in a country outside the Commonwealth and not a party to the Hague Apostille Convention, 1961, their signatures and proof of identity must be notarized by a Notary (Public) of that country, and the certificate of the Notary (Public) must be authenticated by a Diplomatic or Consular Officer empowered in this behalf under section 3 of the Diplomatic and Consular Officers (Oaths and Fees) Act, 1948, or where there is no such officer, by any of the officials mentioned in section 6 of the Commissioners of Oaths Act, 1889.
If the foreign national subscriber has visited India and holds a valid Business Visa, they can incorporate a company in India.
Exception-It is important to note that if the subscriber is of Indian origin or an Overseas Citizen of India, the requirement of a Business Visa is not applicable.