Dear All,
As per sec. 265, a Co. may appoint directors as per proportional representation method provided that minimum 2/3rd of total no. of directors should be appointed by this method. My query is that:- What no. directors to be considered for calculating 2/3rd. In other words, should we consider the total no. of existing directors or the total no. of proposed directors for calculating 2/3rd ratio?
Hope for the early reply.
Thanking u all.
A PUblic limited company by guarantee wants to increase its liability. Will the members be liable for the increased liability?
Dear All,
Year 2006-07 we paid excess PF how can we refund or adjust that pf paid. PF office also confirm your account showing excess balance. Please advise me.
Regards
KK
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A Deed of Partnership states that interest shall be paid on amounts brought in by Partners by way of Capital,Loan,Advance or Deposit.But no interest shall be paid to Parners in the event of a Loss to the Partnership Firm.
Does it cover Partners Capital Only or is applicable to Loans,Advances and Deposits given by Partners?
Can the Deed be amended to enable payment of Interest in the event of a Loss without contravening any provision of any law?
Hi,
I am a director of a pvt ltd company. There are only 2 directors in this company, me and my colleague. Now the other director wants to resign.
We are appointing a new director in place of her.
I would like to know the procedure.
The new proposed director has already got his DIN on email. Can we make him a director now?
Are we supposed to first make him the director and then take the other director's resignation or can we take the resignation and appoint a new director in the same board meeting under the same resolution?
Do we have to first file the form 32 or can the director be appointed first?
Also the retiring director is one of the authorized signatories in our company bank account. what is the procedure for her removal as authorized signatory?
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sec. 265 of the Companies Act,1956.