Dear CCI Members,

I have a doubt. A private limited company in its Articles has a clause that minimum no. of directors is 3. One of the director got retired. The company continued its activities for some time. Now , there is default in AOA compliance. I need to know if there is any penalty for non compliance of clause of AOA and what steps the company should take in order to comply with all the relevant sections? The company seeks to keep only 2 directors now. Is amendment of Articles possible now after default has been done. Please give procedure for amendment of AOA as well. Thanks a lot in advance

Dear All,

One of our director's relative occupies position of manger in the company and drawn salary at Rs. 40,000 p.m. from our company and the company has increased his salary to Rs. 80,000 p.m. from August 2011 till March 2012 and taken note of the same in the balance sheet.

The company has not obtained prior approval of Shareholder for paying salary to Director's relative.

Now my question is can a company obtain post approval u/s 314 of the Shareholder in the AGM held on or after 30.09.2012.

hello'

All directors can be nominee director in a public company? is Nominee director liable to regularize in the AGM and 32 have to file or not?

The Board of Drs. of a Pvt. Co., duly authorised by its articles, issued further shares to existing and new shareholders during the year. Now the Company in Form 23AC needs to specify type of further issue of shares. Pls guide will this issue be termed as:

(a) Private Placement; or
(b) Preferential issue; or
(c) Others

Friends

if an authority sends a letter to the company for appointment of nominee director, which date shall be taken as date of appointment.

the date when the letter has been issued or when the Board meeting takes place?

as per MCA latested announcement, is it compulsory for indian private subsidary company to have online web address showing companies details. kindly provide me reply, company have paid up capital of 30 crore.

we want to transfer shares from one director to the other person.what is the requirement under companies act and what steps should be followed?

Kindly provide me the format of required letters.

Dear All

in case of filing form 32 for a director who retires in the AGM and does not get reappointed, while filing form 32, do we need to attach any document or only details in the form itself are sufficient for ROC submission?

please advice.

Hi i want to register 1 co. With name British management services in iso certifications consultant i have query abt name wether this i get or not bcoz is there any issue creating by roc in word use British. Pls reply.

Hello,
I would like to know what should be the date for Part A I 3a point of form 23AC used for annual filing in ROC i.e financial year to which balance sheet relates. For Eg. if the company is incorporated on 06/07/2011 what sould be the starting date of financial year? 01/04/2011 to 31/03/2012 or 06/07/2011 to 31/03/2012. Please help.