Dear sir, Can we appoint an auditor for 3 years or else it is mandatory to appoint auditor for 5 years.

If Statutory Auditor is appointed by Comptroller and Auditor General of India under section 139(5) of the Companies Act, 2013 then whether there arises the liability to file Form ADT-1 or not?

If an Auditor (Individual) has been appointed due to casual vacancy for one year, will it be counted as completion of one term of his appointment under section 139(2)(a) of the Companies Act, 2013 or he can further be appointed in the Annual General Meeting for subsequent 4 years making it a tenure of complete 5 years? Whether if an Auditor (individual) once appointment due to casual vacancy for one year can further be appointed in the subsequent Annual General Meeting for a period of 5 years.

Dear Sir, Private Limited Company having paid up share capital of Rs 2,00000/- 1.Having Rs.35 Lakhs in its Bank Account. 2.Can Loan be Given to Directors? Company is having two directors and both are whole-time. 3.Company is Planning to Strike Off in Near Future. 4.Company is meeting all the three conditions mentioned in circular dated 5th June, 2015. 5.Section 185 Will be attracted?

Dear Sir If the name of a company is strucked off, can it still go for voluntary liquidation under IBC, 2016. If yes, in that case, whether first the company need to apply for restoration of its name

sir we have issued compulsory convertible debenture on 1.4.2017 which is convertible (along with interest) into equity shares on 30.9.2018. interest rate is 0.001%. is there any requirement for debenture redemption fund or any other company law requirement for f y 2017.18.

Whether Non Funds Based Limits be considered for calculation of limit of Rs. 50 Crores u/s 139 (2) Reappointment Auditors read with Rule 5 of Companies (Audit and Auditors) Rules, 2014 Also let us know during the tenure of 5 years of Appointment of Auditor in case in 2nd year borrowing exceeds Rs. 50 Crores whether such auditor shall continue for remaining period of 3 years or his appointment shall not be ratified in next AGM.

The company had issued cumulative preference shares 10 years back. No dividend was declared ever in the past. Now the company wants to redeem these shares by allotting equity shares to the preference shareholders. How can the company do so

Whether Non Funds Based Limits be considered for calculation of limit of Rs. 50 Crores u/s 139 (2) Reappointment Auditors read with Rule 5 of Companies (Audit and Auditors) Rules, 2014 Also let us know during the tenure of 5 years of Appointment of Auditor in case in 2nd year borrowing exceeds Rs. 50 Crores whether such auditor shall continue for remaining period of 3 years or his appointment shall not be ratified in next AGM.

Sir The query which i asked on 21/09/2018 relating to subscription money is a practical case and i would like to know the treatment in company's B/S.

Sir The two out of three of the subscribers to MOA of the company failed to bring the subscription money in the company in the year of Incorpoaration,so my queries are:- 1.Is there any time limit within which such amount is to be brought in the company? 2.In case the subscription monies are not received from the first subscribers, how the subscription monies receivable is to be reported in the Balance Sheet?

ABC private Limited has two Directors Mr. X and Mr Y. Mr X holds 75% of shareholding and Mr. Y holds 25% of shareholding. In case of demise of Mr X. How will Mr Y proceed ahead to appoint additional Director?

ABC Private Limited has two Directors Mr. X and Mr. Y wherein Mr. X holds 75% and Mr. Y holds 25% of shareholding. In case of demise of Mr. X, how will Mr. Y proceed ahead with appointment of Director?

What is company rule ?

Sir While filing Form DIR-5 for surrendering one of the DIN an error is displaying that the oldest DIN can be retained, however,the director wants to retain the newer DIN as it is in use and he has never used the oldest DIN for any associations. Kindly,provide solution for the said issue as Form DIR-3KYC is also pending for filing with ROC.

Dear Sir, We are issuing the further share Capital, we want to know at what rate we can issue the right share at Face Value or Book Value

Is MGT 9 required to be attached with Board's report for small and other companies for financial year 17-18 & If small companies do not have a website, then what action has to be taken ? any other way out ?

Dear Sir, What could be the reason for not putting up any cap on number of Secretarial Audit by a PCS by ICSI? Regards, Rachit

What is the procedure to file complain under section 36 and to whom such complain shall be filed

Is construction of stadium for sports in rural area considered a part of CSR activity?