Dear All,
Can the amount in Share Premium Account be utilised to buy land and buildings, machineries etc or should it be used only for purposes mentioned in Section 52 of the Act. If it cannot be used for any other purpose other than those mentioned in Section 52, then what is the purpose of issue of shares at a premium.
Kindly share your opinions please.
Hi
Can somebody please share with me the draft BR for the closure of the bank account? The Banker is asking for the same.
Dear Members,
This is with regard to opening a new login account on the FIRMS portal of RBI for the purpose of FEMA compliance and FDI. Kindly let us know whether a newly incorporated entity established in 2021 would require to open "New Business User account" or the "New Entity User", for the purpose of reporting the FDI in the said company.
Thank you in advance.
Dear Members,
This is with regard to opening a new login account on the FIRMS portal of RBI for the purpose of FEMA compliance and FDI. Kindly let us know whether a newly incorporated entity established in 2021 would require to open "New Business User account" or the "New Entity User", for the purpose of reporting the FDI in the said company.
Thank you in advance.
Hello All,
If my company is incorporated in the state of Himachal Pradesh and one of the director is from Himachal Pradesh and another one is from Hyderabad (Telangana).
In the above case can we open bank account in state of Telangana.
Dear Members,
This is with regard to opening a new login account on the FIRMS portal of RBI for the purpose of FEMA compliance and FDI. Kindly let us know whether a newly incorporated entity established in 2021 would require to open "New Business User account" or the "New Entity User", for the purpose of reporting the FDI in the said company.
Thank you in advance.
Dear Members,
Can anyone share the procedure, what steps is to be taken post shares and dividend is transferred to IEPF Account.
Dear Members,
This is with regard to opening a new login account on the FIRMS portal of RBI for the purpose of FEMA compliance and FDI. Kindly let us know whether a newly incorporated entity established in 2021 would require to open "New Business User account" or the "New Entity User", for the purpose of reporting the FDI in the said company.
Thank you in advance.
Dear Members,
Can anyone Send Board resolution Formate for the Current Account Closer
closer
account
resolution
board
Hello,
If a company in joint venture with another company opened a joint venture namely ABC, whether accounts of that joint venture will be consolidated with our company. ABC joint venture is not a company.
accounts
consolidation
Hello All,
If a company in joint venture with another company opened a joint venture namely ABC, whether accounts of that joint venture will be consolidated with our company. ABC joint venture is not a company.
accounts
consolidation
Dear All,
Anyone has a proper draft format of authority letter required to open an escrow account of the company/Firm.
