TaxTMI 
TaxTMI 
Information required in respect of application for extension of time or for exemption under sub-section (8) of section 58A of the Companies Act, 1956
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....ion of factories, etc. (9) The date on which the last annual general meeting was held and whether the audited accounts were placed in the annual general meeting. (10) Names, designations and addresses of the officers of the company to whom powers have been delegated for acceptance/repayment of deposits. (11) Equity/preference shares held by each of the following indicating separately the percentage, the same bears to the total equity/preference share capital of the company. (a) Controlling block: (i) Shares held by directors and their relatives. (ii) Other companies in the same management. (b) Central/State Government(s). (c) Financial institutions (by individual name(s)). (d) Nationalised banks (by individual name(s)). (e) Non-residents: (i) Companies not incorporated in India. (ii) Foreign nationals. (f) Shareholders not covered in (a) to (e) above holding one per cent or more of the equity shares. (g) Others: (i) Companies. (ii) Individuals. (12) Names and addresses of brokers/agents appointed by the company for procurement of depo....
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....) Total number of outstanding deposits. (2) The amount of outstanding deposits. (3) The break-up of outstanding deposits as per following Tables. (i) Amount of deposits which are overdue (a) for 2 years and more (b) for one year and more but less than 2 years (c) for 6 months and more but less than 1 year (d) for 3 months and more but less than 6 months (e) for less than 3 months Total Overdue deposits (ii) Break-up of overdue deposits as follows:- Particulars Less than Rs. 1,000 More than Rs. 1,000 but less than Rs. 5,000 Rs. 5000 or more (iii) Deposits which are not overdue (a) Amounts of deposits which will become repayable by 31st March next. (b) Amounts of deposits which will become repayable in each of the next half years from April to September and October to March during next 3 years. (c) Amounts of deposits which will become due for repayment after the third year mentioned in (b) above. Total deposits (overdue and not overdue). (20) Please furnish the....
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....sion is sought. (d) Please give detailed justification for seeking exemption/ extension. (e) If the question of granting exemption/extension is considered, is the company agreeable to pay the entire amount of interest already due, as indicated in item 20(a) within 3 months from the date of granting, if any, of the exemption/extension? (f) If exemption/extension is granted will the company agree to give an undertaking for repayment of interest in future on due dates? (24) Has the proposal for exemption/extension been approved by the board of directors? If so, please furnish a copy of the resolution. (If not, the company should take immediate steps to obtain such approval. It is suggested that this Form duly filled in draft may be placed before the board of directors for consideration). (25) If extension is sought for repayment of deposits accepted before 1-2-1975, i.e. the repayment of deposits mentioned in sub-section 3(a) of section 58A, please furnish the following details:- (i) Amounts of such deposits repayment of which has become overdue as on the date of application. No. Amount Rs. (a) for 3 years and more ....
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....s have been accepted in excess of prescribed limits please furnish the following details: Period in which excess deposits were taken (a) Deposits taken initially in excess of the limit prescribed in rule 3(2)(i) of the Companies (Acceptance of Deposits) Rules, 1975. (b) Amount of such deposits outstanding as on the date of application. (c) Amount of interest, if any, due on such deposits but remaining unpaid as on the date of application. (iii) (a) Deposits taken in excess of the limit prescribed in rule 3(2)(ii) of the Companies (Acceptance of Deposits) Rules, 1975 Period in which excess deposits were taken (b) Amount of such deposits outstanding as on the date of application. (c) Amount of interest, if any, due on such deposits but remaining unpaid as on the date of application. (iv) Reasons for which excess occurred and why the excess and the interest thereon, if any, could not be repaid. (28) Whether the company has accepted or renewed any deposits even after the excess mentioned in item 27 above was known? If so, please indicate:- (i) The number of deposits since accepted/renewed. ....
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....t 3 years such as strikes/lock-outs, etc. and reasons thereof. (46) Details of expansion plan/investment plan of the company during the next 3 years. Please indicate whether the company has obtained any letters of intent, etc. (47) Full details of the mortgages and other encumberances of the assets of the company. (48) Details of the difficulties experienced by the company in achieving the full production and sales and how the company proposes to overcome these difficulties. (49) Details of contracts in which directors are interested. (50) Details of selling agency arrangements, if any, in which the directors are interested. (51) Details of office/place of profits held by the relatives of directors, if any, (52) What are the conditions which the company is prepared to undertake if exemption/extension is granted, in particular in respect of the following items:- (i) Composition of the board of directors by taking the nominees of depositors or financial institutions (ii) Restriction on repayment of deposits held by directors and their relatives (give details) (iii) Give protection or security to depositors for repayment of deposits. (iv) N....
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....et worth, adjustments in respect of the following items shall be made- (i) Intangible assets, e.g. goodwill etc. (ii) Doubtful assets, e.g. doubtful and bad debts, etc. (iii) Deferred revenue expenditure. (iv) Accumulated losses. (v) Arrears of depreciation. (vi) Arrears of preference shares dividend. (vii) Any other amount, appearing in the balance sheet, required to be deducted in accordance with accounting practices. Total --------- --------- Reconciliation of net worth paid up capital. Add Reserves (Please specify details) Less Intangible assets and any other amount required to be deducted (vide Note above) Net worth as on (Date of balance sheet) Note II If the net worth of the company as indicated in column 4 is less than its paid up capital, please indicate in details what steps are proposed to be taken to improve the net worth. Annexure II Cash flow statements Three previous years Current year Next three years Year ended on... Year ended on... Year ended on... Year ended on... Year ended on... ....