Dear Members,
As per Section 149(3) Every company shall have at least one director who stays in India for a total period of not less than one hundred and eighty-two days during the financial year:
Provided that in case of a newly incorporated company the requirement under this sub-section shall apply proportionately at the end of the financial year in which it is incorporated.]
and further as per Circular No 25/2014 dated 26th June, 2014 Companies incorporated after 30/09/2014 needs to have the resident director from the date of incorporation itself.
Suppose, Company was incorporated on 01.12.2019.
how to check the resident status of the first director in case of newly incorporated company?
Can Newly incorporated Pvt Ltd company issue share at premium ?
A LLP was formed about 3 months back and now partners want to strike it off. No business commenced and LLP Agreement also not filed.
Can it be done. How?
Dear Members,
I have incorporated Company in August , 2018. Now management decided to close that Company.
How to close Company? Which method needs to be follow for closure of newly incorporate Company?
company
incorporated
newly
closure
Dear Learned Members,
We had incorporated a Pvt ltd company on 26/3/2019. And we filed adt-1 for the appointment of first auditor. And in ADT -1, we had the shown the period for which he had been appointed to audit the accounts as from 26/3/19 to 31/3/19.
Now after reading the definition of financial year in companies act 2013, we understand that the period that we have shown in adt-1 might be wrong. Bcoz as per the financial year definition, companies incorporated after 1st January must end its financial year in the following year.i,e 31st March 2020.
Although, we don't have issues in auditing the accounts for the period from 26/3/19 to 31/3/19 and conducting its first agm. But we don't know whether it will be legally right.
Please suggest if there is any way out from this problem. Can we revised ADT -1 and file again.
Regards,
company
incorporated
newly
revised
Dear Members
Please Suggest me
In case of Nidhi which is recently incorporated how much max loan can be given to members.
Respected Members,
I need a clarification in respect of the calculation of the net worth for the newly incorporated Company.
There is a company which is incorporated in the 2018 and whose balance sheet is not so audited. Do we calculate the net worth on the basis of un-audited Balance sheet and file the form DPT-3. Do we need to seek clarifications/ justifications from the statutory auditors in the same respect.
Please provide the clarification.
company
incorporated
newly
worth
calculation
Dear members,
the newly incorporated company wants to have two shareholders holding shares in 80:20 ratio, wants to change shareholding in the company to 50: 50 ratio
PLEASE ADVICE HOW TO GO AHEAD.
company
incorporated
newly
shareholding
change
Private company incorporated on 8th February 2018 , and since that it has not carried out any business ..can we file form STK-2 for that ?
If yes then how to prepare statement of accounts?
And also whether we need to file financial statements to ROC for F.Y 18-19?
company
incorporated
newly
closure
Please guide me!
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