Dear All,
As per MCA General Circular No. 37/2020 , If a statement of account and solvency for the financial year 2019-2020 has been signed beyond the period of six months from the end of financial year but not later than 30th November, 2020, the same shall not be deemed as non-compliance.
Can anyone pls confirm what is the meaning of signing of statement of account and solvency? Is it applicable to the LLP s where Audit is not mandatory?
Dear Members,
One of my clients whose company got incorporated in June 2019., wants to strike off its name from the ROC register with 1 Lakh Share Capital.
Bank account is opened however there has been a single transaction of Rs.25k deposits from the director that is not the whole amount of Share Capital is still receivable.
So my question is do they have to pay the whole share capital and file inc 20-a then go for strike off or inc 20-a showing 25k deposit and with 75k receivable is enough ?
Hello,
I have incorporated a Nidhi Company and now post incorporation compliance begins.
As Nidhi Company has to open current accounts with their depositors, how practically its possible and does Nidhi Company's banker plays any role in it ?
Dear All,
One of the public limited company converted into private limited in june 2020 and now the company has to finalise its annual account on dated 31st march 2020. Public limited required to file MGT -14 for approval of its annual account as on 31st march 2020 the company is a limited and converted in June 2020, then company is required to file the MGT-14 or not.
and
At the time of preparing the extract of MGT-9, which CIN no. has to mention in the same before conversion or after conversion.
Dear All,
A public limited company converted into private limited company as on dated 22/07/2020, as a public limited company have to file MGT-14 every year for approval of annual accounts, now my query is that for the FY 19-20 same form required to file or not.
public unlisted co has declare dividend in FY 19-20 but was not able to open the dividend account...its a non compliance
now the company wants to open the dividend account but the problem is, co is having CC (cash credit account) with banks and the RBI circular says if you have cc account you cant open any other account with bank or any other bank whatsoever...
so please suggest how to proceed with the opening of unpaid dividend account
Can a Promoter (not a director) sign a board resolution to open a bank account?
We have opened a Pvt Limited company, in order to open a bank account banker asked to submit a board resolution signed by 2 directors
Here the problem is myself and my friend were directors(only 2 members) and my friend was in abroad,
Does the bank accept resolution with my single signature or can a shareholder sign resolution along with me? or any other alternatives
thanks in advance
Dear All,
A public limited company converted into private limited company as on dated 22/07/2020, as a public limited company have to file MGT-14 every year for approval of annual accounts, now my query is that for the FY 19-20 same form required to file or not.
Dear members,
Sale Proceeds are received into the director's personal bank account, instead of Company bank account, what remedies are available in companies Act and what is the best way to account for this transaction, Any Suggestions are welcome.
*Note-directors have more than 10% shareholding.
our company has shifted registered office and after filing form inc-22 new address is appearing in master data. But 'Address other than R/o where all or any books of account and papers are maintained' is showing the old address. This address can be changed only if we file form AOC-5.
But in our case both places are same.
Can we request MCA to delete that address as we do not require this column anymore now.
Can anyone share the significant accounting policies of a Pvt ltd company dealing in trading of shares, futures options and forward contract?
policies
accounting
significant
Dear professionals,
Is it necessary to Generate the UDIN by a Chartered Account while Signing STK-8 statement of Account during the Strike off a pvt ltd company.
Thanks in advance
accountant
chartered
udin
