Category Archives: Company

Independent Auditors Report Qualified and Unqualified Draft

By | August 16, 2015

Draft Specimen of Independent Auditors Report Qualified and Unqualified options INDEPENDENT AUDITORS’ REPORT TO THE MEMBERS OF ____________  LIMITED Report on the Financial Statements We have audited the accompanying financial statements of _______ LIMITED (“the company”),which comprise the Balance Sheet as at 31 March 2015, the Statement of Profit and Loss, the Cash Flow Statement for… Read More »

INDEPENDENT AUDITORS REPORT DRAFT FORMAT

By | August 16, 2015

Draft Specimen of  Independent Auditors Report unqualified INDEPENDENT AUDITORS REPORT TO THE MEMBERS OF ____________  LIMITED Report on the Financial Statements We have audited the accompanying financial statements of _______ LIMITED (“the company”),which comprise the Balance Sheet as at 31 March 2015, the Statement of Profit and Loss, the Cash Flow Statement for the year then ended,… Read More »

Limited Liability Partnership Questions and Answers

By | August 16, 2015

 What are the steps to incorporate Limited Liability Partnership ? Name reservation: The first step to incorporate Limited liability partnership (LLP) is reservation of name of Limited Liability Partnership . Applicant has to file eForm 1, for ascertaining availability and reservation of the name of a LLP business. Incorporate Limited Liability Partnership : After reserving a name, user… Read More »

Director can not insist participation by electronic mode

By | August 16, 2015

Director can not insist participation by electronic mode Q: where companies do not provide the directors with the facility of participation in meetings through electronic mode, can the directors insist on attending the meetings through such mode? Answer:   Section 173(2) provides the option to the director to participate in Board meeting so convened by electronic… Read More »

AUDIT ENGAGEMENT LETTER FORMAT

By | August 15, 2015

AUDIT ENGAGEMENT LETTER The Board of Directors, Company Name Address. Dear Sirs, Re.:   AUDIT ENGAGEMENT LETTER The purpose of this letter is to confirm our understanding of the terms of our appointment to audit the Balance Sheet of Company Name.(“the Company”) and the related Statement of Profit and Loss, Cash flow statement and notes thereon collectively referred to as… Read More »

Format of Directors Report

By | August 15, 2015

Format of Directors Report . It is only to read. Make necessary amendment to use as format                                  DIRECTORS REPORT To, The Members, Your Directors have pleasure in presenting the ………th Annual Report of your company along with the Audited Financial Statements for… Read More »

Draft offer letter for Right issue

By | August 15, 2015

Draft offer letter for Right issue, Application for Right Issue and letter of renunciation. If you want to raise further share capital than these draft letters may be useful. DRAFT OFFER LETTER FOR RIGHT ISSUE  Name of the Company Regd. Office: _________________________________________ Notice / Letter of offer To, Issue of ……..00 equity shares of Rs.… Read More »