WHAT PROCEDURE IS FOLLOW IF THERE IS NO PROVISION IN AOA & TABLE A FOR APPOINTMENT OF ALTERNATE DIRECTOR.

If a holding co. has 80% share holding in its subsidiary then does it have any right on the assets of the subsidiary, provided that the subsidiary is not active but just holder of physical assets? If not then is there any way a holding company can have right on the assets in order to minimize or avoid stamp duty?

Dear All,

We have a Public Ltd. Company whose share holding pattern is as under

Equity Capital 95 lacs
Preferance Share Capital 91 lacs
Total 1.86 Lacs

Now my question is Section 297 says if the paid up capital is more than 1 crore then if we enter in to contracts where directors are interested we have to take permission from Central Government.

But, Does Paid Up Capital includes Preference Share Capital or not?

Whether yes or not and what is the logic?


Thanks in advance

Vishwas

Dear All,

If there is change/rectification in address of registered office of the company, which form to file?

and

After incorporating LLP. The minutes need to be prepared just like normal pvt.ltd or public limited companies.

waiting for your answers.

Regards,
Siddhi

Kindly furnish answers in layman terms to the following:

1. What is Remittance in transit?
2. What is Sundry debtors/Sundry creditors?
3. Claims not acknowledged as debts?
4 Conversion of cash basis of accounting into mercantile basis?
5. Closing provision of expenses?
6. Inventories?

By

Jeyaraj

Dear Expert,

Please Let me know whether a Pvt. Limited Company having share Capital can issue Share Warrants ? If yes, to what extend and procedure for same. Whether Share Warrant holders are members of the Company? What are their rights & Preveilages ? Whether they have voting rights in AGM as well as EGM ?

Can anybody guide as to what type of stamps have to be affixed on physical shares certificates in Bombay and where can I get them ?

Dear Sir,

I have following query:

Can AOA of a private company provides that "the Company shall not pay any dividend to the Equity Shareholders"

kindly guide me on above as prima facia no restriction in the Companies Act for the above provision.

regards,

pankaj

Dear Experts,

Please help in following matter,

If a casual vacancy of auditor in a company is occurred due to resignation by that auditor and new auditor is to be appointed in place of him....Please provide the procedure of it.

Kindly also provide me specimen of Board resolution regarding resignation of that auditor, EGM notice and explanatory statement and resolution to be passed in that EGM.

Company is Private LTD..

Words of reply will be greatly appreciated.

Looking forward to your kind reply...

Thanks and Regards,
Harvinder Kumar Dinker

Articles of a Pvt Ltd Company is silent about appointment of Chairman.Want to appoint a Chairman.

Is it mandatory to file any eform after appointment of Chairman??