Hello All,
There were three foreign Directors in a Company who left in middle because of some conflicts with Indian Directors. There DINs are deactivated and therefore, the Company is not able to file Form DIR-12 for their removal from the records as the DINs will not get pre filled.
The are not ready to provide documents and OTP either to file the KYC. How can we remove them? Please help.
director foreign deactivation Will resignation of a partner from the LLP within one year of conversion from company to LLP will attract capital gain tax although the profit sharing of the remaining partner will be more than 50per cent??
Click here to view / answer Share it onpartner resignation
Good Morning Members!
Kindly confirm me can we appoint a new director in a dormant company.
company dormant director appointment
Hello Everyone!
Is PAS-3 required to be filed every time in following situations where partly paid Equity Shares are issued:
1. On allotment of Shares?
2. On receipt of Call Money?
filing requirement
Dear All,
Good Morning!
Please Tell me what are requirements we need for the Incorporation of Public Limited Company And Requirements and documentation for name Approval of Public Limited Company.
company public incorporation
Dear Friends,
In case of buy-back of a private limited company, is it mandatory to attach the valuation certificate along with SH-8/ 9?
Secondly, where there are foreign shareholders taking part in the buy-back do we have to file form FC-TRS with RBI
I have a query on CSR liability calculation.
To arrive at the Net profit for the purposes of calculation is the remuneration and bonus paid to directors is allowed as an expenses or it needs to be disallowed and added back to net profit??
As I understand the net profit as per section 198 is PBT and PBT is after allowing these expenses.
Please clarify.
calculation liability query
Dear All,
If a Company Net Profit Before Tax for the year 2018-19 exceeds 5 crores whereas Net Profit after Tax does not exceed 5 crores.
Whether CSR shall be applicable to such Company?
applicability 
Refer to Question 1, the intent of the Scheme is to provide an opportunity to the defaulting companies to complete their filings and not for the removal of the disqualification imposed upon directors. Hence, for removal of director disqualification from:
a) Defaulting companies - overdue documents shall be filed under CODS 2018 and subsequently: (i) wait for Ministry’s response w.r.t. disqualification removal; or (ii) file DIR-10 for removal of disqualification to ROC in e-Form GNL-1; or (iii) file writ petition with concerned High Court;
b) Struck off companies – application for revival of company shall be made to concerned NCLT and only after NCLT’s order of revival is obtained, complete filing of overdue documents and e-Form CODS 2018 during the validity period of the Scheme and subsequently opt for options as mentioned in 17(a) above.
Source:
FAQs Analysis of CODS-2018: Part II
VINOD KOTHARI AND COMPANY