We had appointed additional director cum managing director in a board meeting. Now at the coming AGM can we place only the appointment of MD as Special Business not mentioning anything regarding regularization of additional director u/260, since he is appointed for 3 years or two separate special business need to be placed.

Hi members,

we are unlisted public Ltd Company having 6 Directors in Board including MD and WTD all liable to retire by rotation.

As per section 255 4 Directors are liable to retires by rotation and as per 256 1/3 of above will retire at every AGM for next three years.

1/3 of 4 comes to 1.3, considering 1 director retiring every year. how will i achieve retiring 4 for this matter?

What is the rate of stamp duty for physical share certificates of Listed Company in Kolkata
Thanks in advance

Sir/Madam,

Please tell me, the foreign companies registered with roc are also required to file their annual accounts in xbrl format?? if the company's share capital is INR 1056.52 million??

B'rgds

Many Companies appoint their senior employees as Director-HR, Director-Finance, Director - Purchase etc without filling Form 32 i.e without being member of the Baord.

Whether such appointment allowed under Companies Act 1956 ? Further what shoud be legal position of such director?

Please advice me.

Hi all,

I would like know the applicability of PF act for a software company with 32 employees at chennai.

Can a Director appointed under section 260 as Additional Director be confirmed in Extra Ordinary General Meeting??????

Section 260 says that Additional Director appointed U/S 260 shall hold office till the Next Annual General Meeting..!!


Please Clarify!!!!!!

Hi,

This is with regards a Private Limited Company having 4 Directors each having 20-25% of the Shares. One of the Founder Director, Mr.X who is holding 25% of the Shares wants to transfer 50% of his Shares to his Son-In-Law Mr.Y and desires to bring him in as a New Director to the Company.

A board resolution, to allow Mr.X to transfer his Shares and for appointing Mr.Y as a new Permanent Director to the Company was passed. Later, the CA to the company conveyed that -

1. New Entrant has to first put an application to the Company for purchase of a nominal number of Shares (any number).

2. The Company than has to pass a Board resolution where in the new entrant shall be assigned the status of a "Permanent Director". The new Director than will have to apply for DIN.

3. The New Director than shall have to buy atleast 500 Shares within 3 months of becoming a director, The transferer (Mr. X) than can transfer his Shares to the transferee (Mr. Y)

4. The details of the newly appointed Director than shall be filed to ROC online.

My query - Is this process correct for appoinment of a New Director who does not hold any Share to a Private Company?

Thanks in Advance to all experts for their opinion.

Regards,

Arkaraj

Hi
Private limited company incorporated in 24th April 2010 with authorized capital of Rs. 50,00,000/- ( 5,00,000 lakh shares @ Rs.10/- each) with three directors, each director subscribed Rs 1,00,000/- (10,000 shares) each as paid up, out of three director two directors to be resigned and 2 more directors to be appointed
Required resolution and if need amendment in AOA
Whether can conduct EGM and appoint two directors and next day resignation the two directors etc kindly help me out
MY MAIL ID :swamyca@gmail.com

Hiii,


I want to know for fresh allotment of shares in a limited company EGM is must or not.