Dear Members,
One of Private limited company Exceed threshold limit of borrowings from financial institutions rupees fifty crores as on 31.03.2020. And auditor is appointed since 2006 and last year re-appointed for next 5 years up to 2024.
My query is that 1. We need to change the auditor now or we can continue with same auditor up to 2024. ?
Dear Sir,
can some one help me to understand the exemption term mentioned in notification dated 5.06.15 while exempting section 43.
it says .In case of private company - Section 43 shall not apply where memorandum or articles of association of the private company so provides. -
Notification dated 5th june, 2015.
now my question, is we compulsory mention in our AOA or MOA that section 43 is not applicable on or company to avail this exemption and if we issue differential voting right (DVR) with inserting every term relating to DVR in AOA without mentioning specific exemption of section 43, makes our issue in contradiction of Law as section 43 is still applicable or the mentioning terms in the AOA satisfy the term so provides in notification.
Dear Experts,
Many professionals registers housing society / owners association as section 8 company.
Which type of company is advisable to register ? Company ltd by shares or guarantee ?
Need your valuable inputs.
association
owners
company
section
It appears form the documents attached with e-form that the company has not complied with the provisions of section 12(3) (c) of companies Act, 2013, please explain, why not action under section 454 may be initiated for violation of section 12(3) (c) of the Companies Act, 2013 may be initiated.
The defects or incompleteness in any respect in this eForm as noticed by the Registrar have been placed on the Ministry website (www.mca.gov.in). In view of the above, you are therefore, directed that this eForm should be resubmitted complete in all respects by 02/09/2020 failing which the eForm shall be treated as invalid and shall
not be taken on record or transaction shall be cancelled.
Dear All,
We have received online copy of the NCLT order u/s 252 of the Companies Act for changing the status of the Company from strike off to active. However in lieu of COVID is there any new guidelines in which the said order needs to be filed with the ROC, Mumbai in order to change the status from strike off to active.
Will appreciate the guidance.
order
nclt
section
submission
Has anyone Closed Section 8 Company? If, So kindly share me procedure including the surrender of license.
Can anyone share main objects relating to road safety for a section 8 company?
Hi Friends,
Is section 186(2) applicable to private companies after - Notification Date 4th January, 2017.
Can a private company making investment in other company need to pass special resolution
companies
private
section
applicability
Can you share the application format to be filed in GNL-1 for alteration on MOA of section 8 company.
company
section
alteration
Dear Professionals,
RERA - Gujarat has permitted to form a Section 8 Company as an association of allottee by promoter of the real estate projects.
Has anyone incorporated such company ?
Dear all,
We need to form a NGO
My query is what will be the best form of NGO out of the three
1. Section 8 company
2. Society
3. Trust
Section 185 puts restriction on company with regards to Loan to Directors, etc. MCA vide Notification dated 5th June, 2015, exempted private companies from section 185 subject to fulfillment of 3 conditions.
Further, Section 185 is replaced by new provision as per Companies Amendment Act, 2017. Now my question is, whether the exemption notification dated 5th June, 2015 is still applicable to Private Companies or not?
