Can a company authorise to operate its bank account by persons not related to company??

Related case laws & sections??

Vide notification no. G. S. R. 352(E) Central Government published the Investor Education and Protection Fund (Uploading of information regarding unpaid and unclaimed amounts lying with the companies) Rules, 2012. As per the notification every Company (including NBFC) has to identify the unclaimed amounts referred in Section 205C (2) of the Act.

May please anyone clarify that whether Listed Company/ Public Limited Company/ Private Limited Company/ NBFC not declaring any dividend in any of its years of existence are compulsorily required to upload e-Form 5-INV or not?

Please treat this query as urgent as the last date for the financial year 31st March, 2011 is 31st of this month.

I want a Board Resolution where a Director is applying for the Credit Card Facility in a Bank in behalf of the company.

Sir
Auditor was appointed on AGM and he intimated his appointment to ROC by filing F23B. e.g appointed as auditor for the F.Y 2011-12.
Auditor got resigned before his tenure and new auditor appointed in his place.
Whether New auditor has to intimate his appointment for the same year i.e. 2011-12 as per above example.

Sir I have received the CIN of a Public Limited company. Please tell me the detailed procedure to get the certificate of commencement. Please provide me the format of statement in lieu of prospectus.Thanks in advance.An early response is solicited.

DEAR SIR,
WHAT IS THE LAST DATE FOR FILING FORM 23B FOR PERIOD FY 2011-12 WITHOUT ANY FEE OR PENALTY.
WHAT IS THE PENALTY.

THANKS

Hi,

My client is a Pvt. Ltd. company, can company accept share capital money by cash ?? Pl. reply.

Thanks in advance

Dear Friends / Experts,


ABC Private Limited had appointed A as Additional Director-Professional-NED.

Now, the company has file Form 32 for change in designation.

It may be noted that A is also holding 50% of the paid up capital of the company.

Query

In the Form 32 to be filed for change in designation, should we mention the category as PROFESSIONAL or PROMOTER (who is also holding 50% of the paid up capital of the company).

Ans : ................ (please advise the appropriate category for the said director).

Thanks.

Incase Unlisted Public company allotes the share under ESOP then in such case Unlisted Public Companies (Prefrencial Allotement) Rules 2003 are applicable to ESOP or not? Provisions of Sec. 81(1A) will be applicable?
Pls explain.

Respected Sir

Should a company issue a new share certiifcate for transfer of shares. If not, then is it a wrong practice if a company has been doing the same?