The private limited company has passed EGM for voluntary winding up u/s 59(3) of IBC on 23/03/2019. During the FY 2018-19, the company has received other income i.e. interest income.
Now, it required to do the audit and file Income Tax Return for the FY 2018-19 before submitting PAN-TAN?
Please confirm whether for appointing CFO in a private limited company which is not covered under section 203 of Companies Act 2013, only form DIR-12 is required?
Whether the company can give loan to an individual, who is neither a director nor a related party.
1. Is DPT-3 required to be filed in case of Pvt? ltd. where there no deposits accepted except loans from directors and loan from bank existing in the balance sheet of the company as on 31/03/2018?
2. If yes, whether one time or annual return or both?
3. Which radio buttons amongst 1 and 3 to be selected if the return has to be filed as mentioned in point 2 above.
I have a query relating Transfer of shares between 1 NR to another NR of Indian Pvt Ltd Company.
Please guide me the whether in the above case we have to pay Stamp Duty or not? If yes then how much? and who is liable to pay stamp duty?
Form filed for DIR-12 for removal is STP or Non-STP? Can we file Form INC-22A after filing removal of a director.
Thanks & Regards.
Please guide me, if ADT -1 is not filed for Previous 2 years, then we can file the ADT -1 in 18-19 For those previous years or what else to do?
If no amount received after 01/04/2014 but there are o/s loans and money as on 31st March 2019, then in DPT 3 one time, whether the o/s amount has to be shown or not?
Please share your views.
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In case of the death of a director cum shareholder of a private limited company, the remaining director cum shareholder can continue to run the company. However, if the deceased director cum shareholder was the only director of the company, then the company will need to appoint a new director to manage the affairs of the company.
In this case, since the deceased director cum shareholder has no legal heir, it may not be possible to transfer his shares to anyone else. In such a situation, the surviving director cum shareholder can buy back the deceased shareholder's shares from his estate, if possible.
Once the shares issue is resolved, the company can proceed to close down by following the necessary steps under the Companies Act, such as obtaining shareholder approval for closure, filing necessary forms with the Registrar of Companies, settling all liabilities and obligations, and finally, applying for strike-off from the register of companies.
It is advisable to seek the guidance of a professional, such as a company secretary or a lawyer, to ensure compliance with all legal requirements during the closure process.