If there is no Significant Beneficial Owner (SBO) in the holding company, meaning no shareholder holds more than 50% of the total shareholding, is there no requirement for the subsidiary company to file Form BEN-2?
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In the balance sheet there are expenses liabilities payable to relatives of directors and outstanding for more than 3 years
Now whether such amounts to be highlighted anywhere in DPT 3!!
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Hello Everyone!
How we can apply for the DIN application of more than three persons to be appointed as director in a Private Company before its incorporation?
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Can we start more than two businesses with one GST number?
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Hi Members,
Will advance towards annual maintenance service for more than
365 days be treated as a deposit?
"No Minimum paid-up capital:"
The Companies Amendment Act, 2015 has come up with an amendment that there no minimum capital requirement for starting a public limited company. the words of five lakh rupees or such higher paid-up share capital has been removed which pertains to the minimum paid up share capital of the company. So a public limited company can start its business without any amount of minimum capital restriction.
While rule-4 (1) of NIDHI Rules, 2014 says
(1) A Nidhi 1[Omitted] shall be a public company and shall have a minimum paid up equity share capital of five lakh rupees.
MCA not allowing to Incorporate with 1 lac Capital while already some companies Incorporated with 1 Lac so not able to clear about the Applicability of Act or Rule which one supersede ?
CIN U65990MH2021PLN355452
Company Name MAHILA PARIVARTAN URBAN NIDHI LIMITED
ROC Code RoC-Mumbai
Registration Number 355452
Company Category Company limited by Shares
Company Sub Category Non-govt company
Class of Company Public
Authorised Capital(Rs) 500000
Paid up Capital(Rs) 100000
Can partnership be utilised as a holding vehicle for investment purposes?
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Dear Friends.
A very happy friendship day to all of you.
Indian Income tax law offers various options to individuals for investments in tax saving instruments/scheme through which they can save their overall tax cost.
One such scheme is National Pension Scheme (NPS). An individual can claim deduction up to INR 2 Lakh by investing in NPS scheme under the umbrella of 80C deductions. Infact, in certain cases deduction for more than INR 2 Lakh can also be claimed.
In this video, I have explained the tax provisions relating to NPS tax deductability while investing and at the time of maturity.
Please watch and share your inputs.
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I have a query ...can a bank reject a BR because it is more than 3 months old...the bank is telling me that BR is valid only for 3 months. I had an argument over this with the Bank.
DEAR MEMBERS,
DIRECTOR OF ONE PRIVATE COMPANY HAS RECEIVED SHOW CAUSE NOTICE UNDER SECTION 99 FOR THE CONTRAVENTION OF SECTION 96 OF THE COMPANIES ACT, 2013. AS AGM OF F.Y.2015-16 WAS HELD DURING JUNE,2016 AND THAT OF F.Y.2016-17 WAS HELD ON SEPTEMBER,2017. GAP BETWEEN TWO AGM IS 15 MONTHS AND 7 DAYS.
IT IS SMALL CLOSELY HELD COMPANY HAVING 2 DIRECTORS AS SHAREHOLDERS AND MOREOVER IS NOT CARRYING ANY MAJOR BUSINESS ACTIVITIES. CAN ANYONE ADVISE HOW TO REVERT FOR THE SAME.AND WHAT ARE THE CONSEQUENCES FOR THIS NON COMPLIANCE?
Dear All,
I want to know can a company issue sweat equity shares for more than 15% of the existing paid up equity share capital ?
Incorporation of LLP with more than 200 designated partners and partners. However, Form 2 has the limit of only 200 partners to be entered. What shall I do in that case? Or When Addendum to Form 2/ 4 is required to be filled by LLP ?
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