Sir,
I want to know that can a company convert their Preference share into Equity share or not. Under which section of companies act.
is the clause of managerial remuneration of maximum 11% of profits applicable to a limited company not having any public issue???????
Can anyone provide me the format of filing petiton to company law Board in form 1 , in case of change of registered office from one state to another state , for private limited companies?
Where company issued physical shares to Father of my friend, now the father has got died!!
Now that company is listed.
My Friend wants to transmit the shares in his own name.
What will be the procedure!!
Will it be same as in case of physical transmit or else??
Its urgent!!
DEAR SIR,
OUR AUTHORIZED SHARE CAPITAL 1000000 AND WE HAVE IN CREASE 500000
WE HAVE INCREASE OUR SHARE CAPITAL BY 500000
WHAT WOULD BE ENTRY MADE IN TALLY FOR INCREASE SHARE CAPITAL......
One of our client companies have applied for loan in a bank. But the bank has objected that borrowing power clause is not present in AOA of the Company. Although the borrowing power clause is present in MOA but not in AOA.
How to prove that borrowing is not ultra vires .
Also i want to know doctrine of ultra vires is present in which section of the Companies Act.
The Annual General Meeting is to be held on September 30, 2012 and the accounts are to be approved at the Board meeting to be held on April 30, 2012. The Managing Director’s tenure gets over on June 30, 2012. On April 30, 2012, the names of two Directors liable to retire by rotation (Managing Director is not liable to retire by rotation) are decided. It is also decided that Managing Director will not seek re-appointment upon the expiry of his tenure on June 30, 2012.
In that case, when the tenure of the Managing Director ends on May 31, 2012:
(i) Does he become a Director liable to retire by rotation?
(ii) Should he retire at the forth coming Annual General Meeting to be held on September 30, 2012? (But the names of the two Directors liable to retire by rotation have already been decided and included in the notice approved at the Board Meeting held on April 30, 2012). (iii) Otherwise from which period he should be counted for retirement and at which Annual General Meeting Managing Director should retire?
can any one tell me that under companies law whether a company can complete the requirement of a quorum with only one equity shareholder & with other members as a preference shareholders.
If a company is registered in U.P with the registrar of Companies of UP, having its registered office in UP wants to establish its "Coporate office " in Delhi , can she do so .
If yes what is the procedure to be followed by for doing so and under which sections/rules of the act.
Thank you.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Can a company convert their preference share into equity