Hi,

I need to form a multilevel marketing company?

Is it possible to have name like

PRAKASH FUTURE NETWORK MARKETING PRIVATE LIMITED
PRAKASH FUTURE VISION NETWORK MARKETING PRIVATE LIMITED
FUTURE NETWORK MARKETING PRIVATE LIMITED
FUTURE CONCEPT SALES AND MARKETING PRIVATE LIMITED
FUTURE MULTILEVEL MARKETING PRIVATE LIMITED

Is there any provision to restrict/regulate
Multilevel marketing/network marketing company?

Thanks in Advance

As Director remuneration is governed by Articles for Pvt ltd co,article language is as follows:

Subject to the Provision of section 198.309,310 and 311 of the Act,MD /WTD ,shall in addition to the remuneration payable to him as a director of the company under the articles,receives such additional remuneration as may from time to time be sanctioned by the company.

I want to know whether remuneration can be more than the limits prescribed under above mentioned sections?

in a public company, there is 1 MD, 1 WTD and 3 Non-executive directors. In the FY 2011-12 the company had a net profit of RS. 27 lacs. In the same year the company paid to its directors Rs. 13 lacs as remuneration. How can this violation be regulated?

under what circumstances is public notice required at the time of redemption of prefrence shares?

is there any restriction for professional for signing the annual return for Professional i.e CA, CS, CWA

Please let me know....
What are the powers of member to see Annual Returns of the Company and of how much period he has a right to see the returns ???
As per my view member can see only last five years annual returns... Please correct me if I am wrong.....
Reply as soon as possible !!!

If a Company's status changes from a wholly owned subsidiary of parent Co. to just subsidiary, is the change in equity participation ratio to be reported in the Directors' Report for the f.y. ended 31.03.2012, especially if the Company had reported itself as 100 percent subsidiary of Parent co. in previous f.y's Directors Report?

Dear Experts,

Our LLP incorporated on 24th June, 2011.

What is the time limit and forms for Annual Filing.

waiting for your response.

what are the obligations a private company has to follow regarding companies act, and how an auditor could make sure the compliance of those obligations while doing an audit

we are forming a new LLP what are the documents required and fess if contribution is upto 1 Lakh.
shall I take DIN or DPIN is there any difference? I have heard that now the practice of DPIN is topped. is it true?
can any one provide draft partnership agreement?