I have incorporate a private limited company. Now one of the share holder is in financial crisis and is unable to pay his share money.
Now how to remove him as a promoter and share holder as he has subscribed to MOA but unable to pay amount to company.
Pls help

Is there is a compulsion that director of a company (in both cases- public and private) should be a shareholder of a compsny????

It is necessary for a company to hold more than half of the nominal value of the quity share capital of another company to be called its holding compant ? Is Yes than why ?

Kindly provide the Draft Minutes of EGM and Board Meeting in case resolution for change in main objects is passed through postal ballot

A Private Limited Company incorporated in manufacturing industry. It has two directors. after incorporation directors has settled in USA n become NRIs now. One of the director want to bring money from USA to Indian Company by way of unsecured loan. could you please tell me the possible ways and steps to be followed.

My query is related to Presentation of Balance sheet as per Schedule VI.If i dont have investments then is it necessary for me to show that head in balance sheet with zero as corresponding value or should i not mention it in balance sheet as the impact is nil.

Dear Sir,

my question is
1) can a pvt. company give interest free loan to other corporate?

2) If a director provides loan to company, then what rate of interest should be charged by Director...
will 2(22)(e) applicable

3)can employee give a loan to company employer..

Waiting for ur reply ......
Thanks.....

Hi,

Please tell me how many executive directors are required during Incorporation of the company?

Hi, can any one let me know that if the directors salary has been increased in the year , then is there any necessity to pass a resolution for this in an AGM, or directly it can be paid to the directors through board meeting. please let me know the provisions of this, its urgent.

A pvt. Ltd. Company added a new branch Office for a existing business.
My query is, whether it is required to alter MOA to add new branch office of a company? If Yes then pls provide me the complete procedure for the same and relevant resolutions.
Pls help me out, its urgent.

Regards
CA Geeta Gajra