i want to just discuss the provision regarding the eligibility of minor to become the director of the company. In company law nowhere it is prohibited to appoint a minor as a director in the company but as per contract act minor will not be able to file his consent to the company or registrar of the company. but this sec 264(2) is not applicable in the private company and also to the public company where sec 264(2) is not applicable.
for ex. appointment of director as per sec 257 or appointment of director by central government by sec 408 and some others are.

can this view is correct that in those situation a minor is being able to work in the capacity of a director of the company.

Hi I am raushan.
I wanat to know that what is procedure for increase in authorised capital of company. what document is file to ROC?

Hi !
My query is as follow , Plz. Solve this :

1. Mr. 'A' Let out one of his property to Mr. 'B' in which two floor are, but Mr. B took Rent Deed about both floorfor a monthly Rent.

2. Mr. B running his Chemist Shop in one Flour of said premises and one more(second) flour is blank.

3. Now Mr. B want to Let out Second flour(blank) to Mr. C(other person) for a monthly rent.

4. can Mr. B do it and can Mr. C(other perosn)run his Business whitout any hesitation in said Flour or not ?

5. In future, Can Mr. A(owner of Prop.) tke legal action against Mr. C or Mr. B.

6. Further Mr. B and C do not want to inform to Mr. A about said affair.

7. And will Mr. C required to get any new sub tenanting Deed with Mr. B for securing himself and on the basis of Sub Tenanting Deed, will Mr. C encough for getting all other registration for his Business like Service Tax, Sales Tax, or any other ?

Tell me Soon

Can a solvency certificate be issued by a Chartered Accountant.

May i please know about section 74 along with its exceptions of Indian Contract Act 1872

Sir,

Its very urgent.

Can u provide me the notification which states that assembly election day to be declared a mandatory public holiday.

Thanks

Subhash

the details of the situation are as follows
1.company is located in USA
2.the above company has wholly owned subsidiary in india
3.the CEO is a US citizen who is also one of the 4 directors
4.two Directors are indians and other two directors are from USA , one of them is CEO cum director
THE QUESTION IS CAN THE CEO, AN AMERICAN ,BUY LAND IN HIS NAME FOR BUSINESS AND RESIDENTIAL PURPOSE IN INDIA.
5.which of the statutes affect the above situations

What is the difference between Propriety tax & Municipal Tax ? can we deduct Propriety tax when service tax on rent payable ?

As per the PF Act, employee means an employee who is drawing Salary (i.e Basic+DA)less than or equal to Rs.6500/-. If the employees who is drawing the salary more than Rs.6500/-(Basic+DA) donot want to contribute to pf, Then can the company allow?. i.e. with the requst of the employees(who is drawing (basic+da)more than Rs.6500/-) if the company is not deducting the pf from the employees is there any non compliance?

Please resolve my query

Thanks & regards
Sai krishna,CA

Dear Sir,

Please tell me the eligiblity of bonus to employees as per Bonus Act ?

and

Wht is the ceiling amt of bonus eligiable is now ?