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, Now in AGM is any requirement of rotation of Directors or not.
Dear Members,
Please clarify the following;
A Private Limited company has two directors but both are additional directors. One director was appointed in 2018 and one in 2019. Both the directors were not regularised in the respective AGM. Can we take the benefit of CFSS scheme and file form DIR-12 mentioning the change in designation date as the AGM of 2018/2019.
Form AOC-4 for the FY 2018-19 specifies the designation of the director as additional director. Filing back-dated form in this case is advisable?
Thanks in advance.
query
designation
change
directors
A Private limited company has applied for Restructuring of its credit facilities. However status of compliance on ROC site is ACTIVE-non compliant as company has defaulted in filing statutory returns. Company has also filed petition in Ahmedabad High Court for removing disqualification. Present status of Director is Disqualified by ROC u/s 164(2).
Considering above scenarios kindly advise about legal Validity of Company and its Directors. Also advise whether its present Directors can sign security documents/other corresponding documents on behalf of company and enforceability of the same from Bank Point of view.
What is course of action available for bank ?
Dear All,
Kindly provide me the draft Undertaking Agreement or MOU signed between two Directors of a Private Limited Company in order to avoid any future dispute in respect of any movable or immovable property as well as sharing of profits in terms of remuneration etc.
I will be thankful to you
Thanks and Regards
Can anyone share the draft please.
In case of loan from directors in a private limited what is the interest rate or it can be mutually decided in board meeting?
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.
Dear Experts,
Can a company convert loans availed from directors into equity shares ?
Please guide citing relevant provisions.
equity
into
loans
directors
conversion
Can somebody explain about the Franking of documents of Directors/Partners?
How to do and on what documents and by whom?
directorspartners
documents
franking
Is disclosure of general interest by directors necessary for private companies under companies act 2013?
should we take the written notice from the director/s and place it before the board meeting
any relaxation is this regard for Private Cos?
Pl share your views
directors
interest
general
disclosure
Dear All,
I have compiled the situations and compliances related to loans from Directors and also FAQs on that.
In the case of a company whose status as per MCA is active (for filing) but whose all directors
are disqualified, what is the way out to avail the benefits of the fresh start scheme?
directors
disqualified
whose
companies
applicable
those
cfss
