No dividend shall be paid by a company in respect of any share therein, except—



(a) to the registered holder of such share or to his order or to his bankers; or


Can anybody please clarify what is the the significance of "or to his order", in what situation registered holder can do such order?

i have one doubt.
board resolution is passed with subject to authorised person to sign the customs document on 10-10-2011,but it is approved by the customs officer on 31-10-2011 in the meanwhile the person who is not authorised through the board resolution has signed the customs document.is it valid or not?

Dear sir / Medam

Please provide me main object clause for "Financial Research & Equity research company which is taken over research on equity, shares, debenture,mutul fund & commodity and provide consultancy to investor."

dear sir pls solve my problem,
Q 1. Can a matter be discuss in board meeting of a private company, which matter, is not mentioned in the agenda of that board meeting?
Q.2: In a board meeting of a private company there is 3 director.
Mr.A, Mr.B and Mr.C Now Mr.C is chairman of the BOD and has discussed the agenda. After discussing all agenda of the meeting Mr.A and Mr.B wants to appoint a Mr.A as MD but Mr C (Chairman) Does'not aggree.......and Mr.C concluded the meeting without any decision on the matter of appointment of MD. And left the meeting.
After that Mr. B himself appoint as chairman of the same meeting and Decided to hold the EGM for appointment of MD.and notice has been given.
Now The Question is that
(a) is the appointment of chairman (MR. B) is valid ?
(b) is the decision of holding EGM and issue of notice for EGM is valid?

Do we have to redraft the Balance Sheet P&L A/c of previous year also as per the Revised Schedule VI Format?

Can a Non-Executive Director of Private Limited Company who is also a Full Time Salaried Employee with a Public Limited Company become a Partner of Chartered Accountant Firm LLP. If yes, then in which status ?

Is it necessary to issue SLP for Private Placement of Shares by an Un-listed Public Limited Company?

Is there any difference between SLP and Information Memorandum?

M/s. XYZ were the auditor of the company till 31.03.2011.

They have filed form 23B for doing audit of f.y. 2011-12.

now client comes to M/s. ABC for doing audit for the financial year 2011-12.

i spoke to the previous auditor and he said he has no objection.

My COP is effective from 15/02/2012.

Is their any requirement of CG/regional director approval for accepting the audit. ?

KINDLY PROVIDE A SPECIMEN FOR ALLOTMENT OF SHARES IN A LIMITED COMPANY UNABLE ME TO FILE FORM NOS.23 AND 5.
WITH REGARDS

Sec. 252 requires that the minimum no. of directors in a public co. shall be 3.
However, what are the consequences if the no. is reduced below this statutory minimum and the co. carries on business???????