1)The Nominal Amount of Qualification shares shall not exceed rs 5000.
2)Where nominal amt of one share exceeds rs 5000,Share qualification shall be holding of one share only.

If a director is newly appointed & market value of the shares wen he buys , Qualification shares is rs 1000 per share and face value is rs 10.Which should we consider here for nominal amt rs 10 or rs 1000.ie he has to buy maximum of 5 shares of 1000 each or 500 shares of 10 each.?
My query is regarding "nominal amt".Does it consider nominal value of shares or market value?
Thanx in advance.

ipcc law:
question was asked that select appropriate option from following and give reason for 1 mark each

if reason is not written then will get any marks
please reply fast waiting for answer......

1)Mrs. A Sharma Director of a Co. company Maintain Statuory register in which occupation of Mrs. A Sharma Written as Housewife can it is right?

2)Sec 299 Applicable for Pvt. Ltd. Co. or Not?

sir,

greetings of the day!

Please clarify me the meaning of the below quoted phrase as i m unable to draw its clear meaning
"Language of the statute cannot be so precise to cover each and every possible situation"


Regards

Sir,

Please tell me whether the "establishments employing 20 or more persons" mentioned in the PF Act denotes 20 persons above the ceiling limit of Rs.6500/- or the total number of employees in the establishment ? pls also give me case law references in this regard.

thanks in advance

can a minor be appointed as a director in a private company?

sir,
some ROC forms are required to digitally sign by CA, CS or ICWAI can in Board meeting this matter is require to discuss in a pvt. ltd. co.
if, yes then in minute book it is also require or not?

Which reference should i go for papers:-
1.General and Commercial Laws.
2.Company laws
3.Economic and Labour laws
4.Securities Law and Compliances.

All are for cs executive programme.

Thank you.

can two huf as whole form a partnership firm ?

Dear Sir,

In a Private Ltd company who is Liable for Liability.

Please tell me
Director Liability in a Pvt Ltd

Regards
Ananda