Rahul Kashyap

SIR,
I WOULD LIKE TO SELL THE SHARES OF MY COMPANY TO A CITIZEN OF BAHAMAS & WANT TO MAKE HIM A DIRECTOR IN MY COMPANY. SO I WANT CLARIFICATION ON FOLLOWING POINTS:
1. HE WILL INVEST IN MY SHARES SO IT WILL BECOME F.D.I.. SO WHAT ARE THE REQUIREMENTS TO BE FULFILLED.?
2. WHAT ARE THE APPROVALS I WANT TO TAKE FROM F.I.P.B. OR R.B.I.?
3. WHAT ARE THE REQUIREMENTS TO BE FULFILLED FOR M.C.A. APPROVAL.?
DETAILED PROCEDURE


MANISH
31 May 2013 at 22:20

Power of attorney

Hello Friends,
My queries are:
1.Can a seller of a immovable property transfer a valid title through a PoA on behalf of other co-sellers?
2.Is such PoA required to be registered?
3.What if all the sellers are immediate relatives?
4.What should be value of stamp duty?

Thanks !!
Best Regards
Manish


CS.Ranjani
31 May 2013 at 18:21

Ca regulations

A PCA's wife is a director in a builder co.Foll are the queries

1) Can the PCA do BUSINESS..? If so what shld be his principle role or stake in such business like his investment, involment, loan. what if his relative/s have substantial interest in such business.

2) How would his retainer or remunertion be structed and any resolutions to be passed for his appointment, any disclosure requirements under cos act and other acts or CA regulations, etc

3) Whether he can be part of the BoD's of the co in which his wife is a director, what could be the issues to be looked upon under cos act, CA regulations or other.

4) Can a PCA be an executive or non executive director? if so, what are the disclosure requirements before ROC / IT / CA regulations..

Any other issues to be looked upon pl suggest.


CA, CS Kavit S Shah
31 May 2013 at 13:44

Director remuneration

Dear Expert,

Our co. (Unlisted Public Co) has a net profit of Rs.508000/- and we have paid remuneration of Rs.2700000/-
So can we follow rules of Schedule XIII i.e remuneration based on effective capital.
and if not pls let me know the procedure to be follow for the same
Our Effective Capital is Rs.3Crore
So max remuneration 100000/- p.m. per director without passing special resolution
And upto Rs.200000/- p.m. per Director by passing Special resolution.
Please correct if I am wrong


Mansi srivastava
31 May 2013 at 06:40

Require book reccommendation

plz let me know a book of company law which is a student friendly book......and which covers the course of cs executive course...


Tejaskumar Mali

Sirs,
I am going to face the Nov-2013 of Ipcc exam. So, i hv problem in the SUBJECT OF IPCC - BUSINESS LAWS AND ETHICS AND COMMUNICATION. So, i want to get the case studies of Business Law and Company Law and guide to me how to get easy score above 40 marks in it.


Tejal

An Indian Private Limited Company had issued Preference Shares to NRI at Rs 100 4 years before. Now at the time of redemption the Investor opts for conversion into Equity Capital. Please advice on the pricing of the conversion



Anonymous

I want to Open a branch office in US(United States). I need to know the procedures and requiremnts for the opening of Branch office in US related to FEMA , SEBI and RBI rules regarding opening of Branch office in US. Please gudie me what to Do for opening of Branch office in US. Currently Our head office is in Ahmedabad and we are dealing in IT & IT enabled services. I reuest to all the experts to guide me in this matter.

Thanking you in Advance.

Regards,
AShsih Sarawagi.


mohd mahboob
30 May 2013 at 13:27

Registeration

how do to registration of handicraft business(kites) in india



Anonymous
30 May 2013 at 00:37

Bank accounts

one query abt e.g.- one joint account of husband & wife.that son ( husband) & with dad (son's dad) applied for share application...alloted some shares & some money will be returned in cheque form.but husband dont have bank a/c with their dad..so how to deposit that cheque / clear? ( other than following ans reqd that want to open new a/c with dad)






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