Can a director of a private ltd. company draw its remuneration in form of the professional charges instead of salary.

If yes then what are the formalities required for the same.

Thanks.

I have a query regarding 297 of the companies Act, 1956. the query is that, weather approval of CG u/s. 297 for transactions like commission, freight, etc is required to be taken even if the paid up capital of the company is les than 1CR.

Please reply soon...

1. if a company has given a loan to any person and that person dies then what will be the treatment of that loan in the hands of the company?
2. similarly if a company has received a loan from any person and that person dies then what will be the treatment of that loan in the hands of the company?

I have a doubt that whether private limited can be a holding company of public limited. Because one of our client has already started one private ltd but now they plan to start one NBFC company.
For which one of the subscriber is the existing pvt ltd the ratio is
75%. is it possible?

Dear Experts,

The Company is increasing its Authorised Captial from 29 lacs to 18 Cr.

What would be the stamp duty to be paid?

Can anyone please share the Stamp Duty Calculator.

The Company is being Registrered in Mumbai, Maharashtra.

As per the Rates defined by roc for maharashtra its says

Stamp duty shall be Rs. 1000 on every Rs.5
Lakhs of amount of increase in authorised
capital.

As mentioned above the Stamp duty works out to Rs. 354200/-

I have filled up the Form 5 and ready for uploading the same. but while prescrutining the form it prompt an error stating the Stamp Duty mentioned in the Form is incorrect as per the increased in authorised Capital from 29 lacs to 18 cr.

Kindly suggest.

Regards,
Shahid

Plz provide me the MOA of Educational institution willing to get registered under Company Act(otherthan Section 25).

Dear Members,

Please provide your valuable suggestion on documentation and resolution required for Preferential Allotment of Equity shares in an Unlisted Public Company and also Suggets what are the compliances we need to be consider for Preferential Allotment of equity shares ....

Its urgent...

Thanks…

Dear Sir,

In case of a private company if there are 3 shareholders and out of them only 1 is resident in India, is it enough to send notice of the Board Meeting to just the Director resident in India?

Dear All,

If an Indian private company has a foreign body corporate as a shareholder and the Body Corporate has appointed a representative under section 187(2)of the Companies Act, 1956, is it enough for the private company to send the notice of the General Meeting (clear 21 days) just to the representative instead of the Body Corporate? If the Representative accepts the notice whether it is a sufficient proof that the notice has been served properly?

There is a Public Ltd co.(not listed) incorporated in current year. Initial capital of the co was issued at par. Now company is planning to issue further shares few to Promoter at PAR and few to outsider at PREMIUM (15 times of par value).

1. Can Co. do so? If yes, is there any special procedure to be followed?