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asked On 23 November 2014 at 12:49

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Incorporation of a company

How much minimum capital requirement is required to form a Pvt Ltd Co in the business of Forex ?


asked On 22 November 2014 at 17:53

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Interpretation of section 184(5)(b)

Dear All,

The Situation as follows

In My Company Following are Directors

1. Mr. Sachin Tendulkar (Self)
2. Mrs. Anjali Sachin Tendulkar (Wife)
3. Miss. Sara Sachin Tendulkar (Daughter)
4. Mr. Vinod Kambali (Friend)

and My Company going to enter in to Contract with XYZ Company. XYZ Company Consist Following Directors who also share Holder details as follows

1. Mr. Sachin Tendulkar 5000 Equity Shares of Rs. 10 Each.
2. Mrs. Anjali Sachin Tendulkar 5000 Equity Shares of Rs. 10 Each

Now My Query is as per Sec. 2 (49) Miss. Sara sachin Tendulkar is interested Director but as per Section 184(5)(b)
she is able to participate in Board Meeting in which above Contract is discussed or not.

Please give your opinion... It is urgent

Jyotirmaya panigrahi

asked On 22 November 2014 at 15:23

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Secretarial standard

can anyone answer that whether secretarial standard- 7 is already implemented or not...

Shashank Vashishta

asked On 22 November 2014 at 15:21

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Appointment of whole time director

our company is a public limitd company(PSC>10crore) & NBFC
We have 5 directors at present out of 5 one is MD 3 are whole time director for a period of Five years and 1 Additional Director(executive). All are drawing renumeration.
Now since Add. Director can not draw remuneration without shareholder approval therefore we want to appoint him as WTD.

Can we appoint him as WTD since in that case all director will become executive and non-rotational director and in that case who will retire by rotation in next AGM.if yes what is the procedure for the appointment since we have already file DIR-12 for his appointment as Add. Director (executive)


asked On 22 November 2014 at 14:56

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Clarification about roles and responsibility of cfo.

Please someone clarify me about the roles and responsibility of a CFO as there is no explanation in new Companies Act,2013.

S.K. Singh

asked On 22 November 2014 at 14:47

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Conversion of private ltd. into public ltd.

Sir, I have following tasks to do :-
1. Convert private ltd. into public ltd. co.
2. Add director in the same.
3. Change the name of company i.e. new name.

Further, the said company is newly incorporated pvt. ltd. company (Nov, 2014).

I want to know the order in which the tasks should be performed. Whether I convert the company into public ltd. first or Change its name.
Kindly guide me on this matter ?????

Nandakumar K Konkar

asked On 22 November 2014 at 14:23

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Sec 186- cos act 2013- mutual funds investments covered?


Sec 186 of Companies Act, 2013 deals with limits on loans & investments by cos. - 60% of paid up share capital + free reserves.
Sec 186 (2)(c) talks of - 'acquire by way of subscription, purchase... securities of any body corporate'
The point is - does this limit apply to investments in Mutual Funds also. Are MF covered under 'securities'?

Further, seems that no exemption to private cos. is proposed u/s 186 vide draft exemptions posted on MCA website in June '14.

N Konkar


asked On 22 November 2014 at 12:40

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Moa format

moa format(OPC) for set up of e commerce companies and sell....thanks in advance ....


asked On 22 November 2014 at 12:37

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Moa format

moa format (OPC) for online & offline education.....
Thanks in advance.....


asked On 22 November 2014 at 12:16

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Independant director

procedure to appoint an independent Director ?? is it possible to appoint them without appointing them as an additional director ???



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