Dear All,
One of the company has not filed Annual returns since 2014 and all the directors are disqualified by ROC u/s 164 (2). Now the company wants to file annual returns and the directors want to remove their disqualification,
Please guide me with the procedure to be followed for the same.
disqualified
directors
Dear Members
Please Suggest me
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.
paid
directors
bonus
remuneration
purposes
calculation
profit
Dear Members,
A Company was taken over by Foreign Company during FY 2018-19, While in process It has instructed promoter Directors of the Indian company to sell out certain assets of the company and out of such sale proceeds share the profits among promoter directors as an incentive.
After the sale, it has transferred the incentives to Promoter Directors on 2 different dates.
But there is no approval of Board or Shareholders. Book entries have been made and the Company has transferred the funds.
Further, the company made profits during such financial year.
Please suggest, which meetings to be passed to record the aforesaid transaction
Dear All,
In a private limited company a body corporate is shareholder holding 19.9 % shares in company. and both company have same directors (Six) but neither a associate or subsidiary of each others, only directors are interested in both company. In the reporting company all six directors also having individual shareholding. Now who is the SBO, whether all six directors become a SBO. If all directors become SBO then how to justified individual stake.
Thanks & Regards
Acs Neha Ojha
Company Secretary
CS, LL.B, B.Com
9310344857
Can director of a Company give loan to company in kind,say chemicals for research or machinery?
Click here to view / answer Share it onDear Members,
Kindly assist me with below query
One of my clients is a sole member and Director in OPC, can he be a Director in some other company (OPC)?
directorship
number
Dear Members,
Please answer my query
Dear Members,
Please answer my query.
loan
resignation
deposit
after
becomes
directors
company
rules
directorship
resigned
Query-
Can company declare different sitting fee for different members of the board attending the meeting ?
Q.Curtsy : CS Shivani
Can a company have two Managing Directors?
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If yes. Whether there are any provisions similar to Regulation 75 & Regulation 77 of the SEBI (Issue of Capital and Disclosure Requirements) Regulations, 2009, regarding tenure of convertible securities and Payment of consideration which are applicable to Private Limited Company?
one of my Client is the director of 23 company out of which 9 is a private company and 8 is the public company and 6 companies are inactive has taken status for dormant. whether he can actively participate in all the company now as per the Companies Act?
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