Anonymous
20 September 2012 at 12:21

Listing a company

Respected all,

A company is listed on two stock exchanges other than BSE, and if the company wants itself to get listed on BSE, then in what way it can be listed. Will it have to go for listing procedure for any new company or is there any other procedure to apply for listing as it is already listed in other stock exchanges ?



Anonymous
20 September 2012 at 11:15

Reduction of share capital

Ours is listed Company. We would like to demerge some investment in other company through Scheme of Arrangement Pursuant Scheme We have to issue some shares to abc (Treasury) before issuing the treasury We would like to cancel some equity shares held by treasury. Should we pass the special resolution through Postal Ballot OR we have to arrange EGM OR we have to pass through court convened meeting.

Please advice


ARUN KUMAR MAITRA
19 September 2012 at 17:58

Directors remuneration

In a closely held public ltd. company, if the remuneration paid to the directors exceeded the overall limit laid down in the Act,what will be the consequence?Will it be necessary to ask for refund from the directors?What will be the auditors duty in this case? Directors were appointed without the Central Govt.s approval.



Anonymous
19 September 2012 at 16:11

Incorporation

what are the provisions to be drafted in Articles of Association of the Company regarding Debentures in a Private Company. And what are the rights available to the Directors of the Company with regard to the Debentures.



Anonymous
19 September 2012 at 15:15

Holding

one company directors are directors in Anoyher com.
my Q is that both the companies are holding subsidiary


SABU VARGHESE
19 September 2012 at 15:01

Remunaration to md of limited company

A COMPANY HAVE 6 DIRECTORS (OUT OF THEM 1 MD).

THE COMPANY FIXES THE REMUNERATION TO THE MANAGING DIRECTOR AT THE RATE NOT EXCEEDING 5% OF THE NET PROFIT OF THE COMPANY CALCULATED IN ACCORDANCE WITH THE PROVISIONS OF 349 AND 350 OF THE COMPANIES ACT, 1956

IS THE COMPANY'S DECISION VALID?


rohini
19 September 2012 at 12:16

Acceptance_deposits_less than 6 months

Dear Experts,

This query relates to acceptance of deposits by company

The Companies (Acceptance of deposits) rules say:

A company can accept deposits for repayment earlier than 6 months subject to 2 conditions
1)Deposit not to exceed 10% of paid up capital and free reserves
2)Not repayable earlier than 3 months
Can a company accept deposits repayable in 6 months?
Also, if the Company fulfills the above conditions, does it still needs to fulfill the other conditions viz, advertisement or statement in lieu of advertisement, maintenance of liquid assets etc.

Please share your views.

Thank you



Anonymous
19 September 2012 at 11:54

Public company incorporation

I ahd applied for Name Availability and already get approval for it.
We want to incorporate Closely held Company (i.e. We are not issuing shares to public)
So which are the forms we have to submit in order of preference to get incorporation and Commencement Certificate.



Anonymous
18 September 2012 at 20:43

Filing of rturn form 32

if company secretary appointed on ist of june 2012 and return not filed in 30 days can it be filed on 15th of sept 2012 .
query i ) will mca 21 accept the filing of the return or reject it.
2) will mca 21 ask for filing of late fee
3)will payment of late feee end the matter there and there.
in short is back date appointment and delayed fiking of return possible.


N.K.JAIN
18 September 2012 at 20:26

Sec-314-opp

Dear,
MY question is that a director gives services (not in professional nature)( e.g.director(however he is not a electrician) repair a genset at one time when no electrician avalabe in the market that time...) non-retainable basis.. thats also amounts to opp???????






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