Dear All,

Can anyone help me to know whether Rs. 20,000/- Sitting fees paid to the Non Executive Directors which id the Maximum Limitas per the Companies Act, 1956 is inclusive of Service Tax or not.

dear all ,
a public co. cannot issue their shares until 90% of minimum subscription received.
how we calculate 90%
is it on application money or whole of share value
say co.co ipo 10k shares @ 100 each and on application rs 10 so minimum subscription will be 10k*10*90% = 90000
plz explain

thanks in advance

Dear Sir/ Medam

i have filed form 1A, but MCA reject these form due to object mismatch, so please suggest the object for the company name-

1."THE EQUICOM FINANCIAL RESEARCH PRIVATE LIMITED"
2. "THE EQUICOM RESEARCH PRIVATE LIMITED"

I have mentioned the object as follows-

"To carry on the Research on shares , commodity & mutual fund and provide consultancy and related works regarding shares, commodity & mutual Fund."

Dear All

Please any one revert me for the below case:

One of the Director of the Company has vacated his office as per sec. 283 of the Co's Act on the ground that Director has fails to pay the call money in respect of shares of the company held by him within six months from the last date fixed for the payment of the call.

My Question is Whether the above said Director will be eligible to get appointed again as Director of the Company or not and if yes then within what time??

Dear All,

Section 299(6)read as "Nothing in this section shall apply to any contract or arrangement entered into or to be entered into between two companies where any of the directors of the one company or two or more of them together holds or hold not more than two per cent of the paid-up share capital in the other company"

My query is that whether two percent or more shareholding clause will include both public & private company or it is only applicable to public company.

Also if relative of Director also holds 2% or more shares in a company, whether the disclosure of that company (in which his relative holds 2% shares) is required by the Director.

Dear Experts,

Can any Pvt. Ltd company can issue debenture to its members or relatives without security? (acting as deposit)If yes, what are the procedures to do so?

Regards,
Indra

I WANT TO KNOW THAT IF WE WANT TO REVISED THE FORM 23AC & 23ACA, THEN WHAT IS THE PROCEDURE TO FOLLOW, BECAUSE AS PER MY KNOWLEDGE AS PER CIRCULAR 5/2010, YOU CAN ONLY REVISED FORM 20B & CANNOT REVISED FORM 23AC & 23ACA, THEN WHAT TO DO,

what are the compliances that are to be complied with in case of unlisted public company and private company makes loan or advances or take loan from director or related company or individuals

is Section 17 of the Companies Act, applicable to change in objects of a company??

Sir,

There is private Company having two shareholder director holding 60 % and 40 % respectively and they appointed two person as additional director of the company and on the same date sold the company to the said additional director, Sir my query is whether the appointment of said additional director is right,if yes can they regularize themselves in the upcoming AGM.

If not then what should company be suppose to do to comply law.