jayesh shah
20 July 2012 at 22:44

Buy back of shares u/s 77a

As per provision of sec.77 A Buy back of shares limit is 25 %of paid capital + Reserve . whether this limit apply to once in life time of the comapny ? or 25 % per year ?whether company can buy back shares @ 25 % only in once in life time ? or as many time as company wish ?

please give answer

Jayesh Shah CA


CA Abhishek Singh
20 July 2012 at 22:35

Number of promoters ?

Hello everyone,

i want to form a pvt ltd company with 50 members.

i have din of 2 pesons who will also be the members.

i want to submit form 1A for name approval. in Form1A there is "number of promoters/first subscribers to MOA".

here normally we write 2 since mostly pvt companies are formed with 2 persons.

but in my case there will be 50 members.

i have 40 persons list ready with me. i am confused what number should i enter in this field ?

i will get 10 names within a week. should i mention the number as 40.

This will create a problem while filling the subscribers page of MOA because there i have to fill the details of 50 members whereas in Form 1A i have mentioned name of only 40 members .

What should i do ?

waiting for the reply of experts.



Anonymous

what is the maximum number of pvt ltd companies a ca can audit. can one ca audit 100 nil turnover private limited companies with one lakhs as authorised and paidup capital?



Anonymous
20 July 2012 at 17:05

Iepf form 5 inv

Hi,

I have below mentioned queries regarding filling up of form 5- INV (IEPF Rules 2012):

1) Do we need to fillup form 5-INV for each previous 7 years OR just one form aggregating the amounts for all 7 years ?

2) form needs number of small shareholders. Do we need to give the number of small shareholders as on the date of AGM ?

Appreciating your help!


ramkulkarni
20 July 2012 at 15:58

Negotiable instrument act, 1881

a cheque is issued by me to a shopkeeper for rs. 20,000 for goods supplied. the cheque was dishonoured. shop keeper lodged a complaint against my self under Negotiable instrument act, 1881, through this complent the shop keeper can ask for compensation also.........?????????? please reply........



Anonymous

In one company 2 directors are there husband and wife
both are now in jail they want to appoint their son as director how this will be done when both directors are in jail

how the egm will be called when both director are in jail in judicial custody

how we use digital signature



Anonymous
20 July 2012 at 15:31

Time limit of introduce capital

Dear friends,
Is there any time limit to physically introduce the capital subscribed as per the MOA of a company ?
Please share your knowledge ragerding this.
Thanks in advance
pawankukreja13@gmail.com



Anonymous

Dear All Experts,

As per section 383A of the Companies Act, 1956 every company with a paid up capital of Rs. 5 Crore or more must have a Whole time Company Secretary. but what about companies limited with gurantee and without share capital.

Is there is any provision in the Companies Act with reference to the appointment of CS in the Companies incorporated without share capital.

Thanks in Advance


vriti arora
20 July 2012 at 14:21

Share transfer minutes

earlier the time for share transfer was 30 days from the date of application,so the minutes prepration time was within 15 days.

nw when the above time of 30 days is reduced to 15 days.will the minutes prepration time be the same 15 days or will it change.?



Anonymous
20 July 2012 at 12:58

Buy back of shares

Sir
A Pvt Ltd company bought its shares five years back and did not inform the same to ROC and in its Annual Return it has been mentioning the capital by reduced amount.
Whether company has made any default?






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