Is there any time limit i.e for how many years a director can be appointed as Wholetime director in a private limited company.
For example: Is it necessary to include in the resolution passed at general meeting that the director shall hold office for a period of .......years?

Procedure for increase in Sitting Fee beyond the limit.

Please provide me with the Minutes of extra Ordinary general Meeting held for increase in the authorised share capital of Private limited Company.

what is champerty and maintanence?pls explain with suitable example?pls try to elaborate, its hard to understand from book, also pls reply before 16-12-2012.

My aunt, aged 82 years, owns a flat in Mumbai and proposes to give the same on Leave and License(Rent). She is old and infirm and hence wishes to grant a special power of attorney to her daughter(who also resides in Mumbai).

The scope of the power of attorney would be:

1) to negotiate and finalise leave and license agreements,
2) to appear before the sub-registrar for registration of the leave and license agreements,
3) to receive security deposit and monthly rents and deposit the same in my aunt's bank accounts,
4) to represent my aunt before the housing co-operative society and sign all relevant documents relating to the leave and license.

My query is:
a) Whether such a power of attorney must necessarily be registered, if in Mumbai?
b) What would be the stamp duty applicable, in percentage terms, if the agreement is executed in Maharashtra?
c) Is a "notarised" power of attorney valid and acceptable in a court of law?
d) What do you advise as the most appropriate course of action?

Thanks in advance for your valuable feedback and advice.

Regards/Kapil

Our company has crossed turnover of Rs.40 crore at the year end March 2012 and for last 2 years there was zero rupees turnover mentioned in balance sheet, in this regard I want to ask what to be mentioned in annual return under Point g and what more compliance will be required to be done under Company Act

Is it necessary for a Pvt. Ltd. Company to submit the Share Transfer Form of section 108(1A) of the Companies Act 1956 to the Registrar of Companies?

I m a CA FINAL student n my attempt is due on NOV 14. I want to start reading law.. Would buying a new edition of munish bhandari be good?? Or should i wait??

My Question is:-
ESI is to be Calculated on Gross Salary.
What Gross Salary Means ?
Is This Include Total CTC (Because CTC Include Employer Contribution of ESI), so we ned to make Back Calculation.

a. Is it necessity to provide a copy of Partnership Deed(registered/unregistered)to open a Current a/c in the name of partnership firm. Is it not sufficient if all the partners sign the opening form and denote in the opening form as to who will operate the a/c?

b. If bank opens an account in the name of partnership firm without the deed, what will happen on death, retirement, admission of a partner?

c. In absence of deed, can bank be sure on the exact number of partners in the firm.

d. Under partnership, act of one partner binds all others. Can two partners open bank a/c and issue cheques and bind 8 other partners in a firm having 10 partners.

e. Please answer point by point