Hii,
the company has 3 director having 33% shares each.
now 1 director want to resign.
what is the procedure to allot his shares to other director
How to covert partnership firm (two partners are there in firm) into private limited company, what is the process and which forms are use ans also pan no effective date , Please tell me
Articles of a company provided that for issue of equity shares wuth differential rights, special resolution will have to be passed( though companies act mandates only ordinary). Now such provision is wholly valid(sec6)
But if a company issues such shares by passing ORDINARY RESOLUTION , will that be considered invalid???
Please explain with the help of an example the difference between Preceding financial year & Immediately preceding f.y
With reference to Companies act 2013
One Private Limited Company wants to procure a property which is already hypotheticated to bank and charge already create in the name of borrower( borrower also Pvt ltd Co). The borrower transfer the Loan from X bank to Y bank. If one Pvt Ltd wants to buy the property then which documents they needs to check .
As per my understanding
1) NOC from Bank ( Primary and Existing Bank)
2) Charge removal from ROC
If any other document needs to check please let me know.
As per SS 1 it is required circulating signed minutes to board members within 15 days of signing.
Can Board pass a resolution to exempt the circulation of Signed Board Minutes within 15 days of the signing? Pl. advise
If buyback is done out of Securities premium reserve then Will the company required to Make capital redemption reserve.?
As per rule 39 of companies (incorporation) rule,2014 it is provided that a co. Other than section 8 co. Can convert itself into co. Ltd. By shares.. why can a sec8 co. Do so.???
Role check for indian companies is to be implemented in Mca application . Role check can be performed only after signatories hve registered their DSC with mca.
WHAT IS ROLE CHECK . KINDLY CLARIFY THE MEANING OF ABOVE
Resignation of director