can anybody precisely explain whether AS-18 is applicable for Sec.25 company?

can we convert/merge a limited liability partnership into unlisted public company?If YES,then What is the Procedure of its Conversion??

A company has framed its notice for Annual General Meeting but consequently a matter came up which requires concern of Shareholders as well and for that company is deciding for holding an EGM before AGM as matter cannot be postpone for AGM .Can company modify its notice. if so then please tell me the section under which it can be done.

Please tell me that "Is there any compulsion for a company to reappoint Managing director by holding an Annual General meeting or this matter can be taken up by holding a Board Meeting for the same?"

Query: – Transfer of Share from one share holder-foreign Entity (which is a shareholder of 100% Foreign Holding Company (Incorporated and Registered under Companies Act, 1956)) to another foreign entity (Which is also a group company of Holding Company)

Fact of the Case:-
We 100% Foreign Holding Company which is Incorporated & Registered under the Indian Companies, 1956. There are Two Shareholders in our Company those who are Foreign Entity (Company’s) in a nature nd existed (outside country).
One of the shareholders (Foreign entity- Company) wants to transfer its shares to another foreign entity - Company which is also group company of Main holding Company).
In account of the aforesaid, we would like to know What is the procedure and Compliances to be made to get it done in proper manner under FEMA Act, 1999 and How RBI will come into picture to comply the same.

Please solicite your views

Waiting for your best reply.

Thanks in advance,.


CS Somnath KK
Company Secretary
Pune.

Dear Experts,

One of my client is forming new pvt ltd company, its name has been approved. And now we need format of MOA and AOA , its object being financial, astrological, matrimonial and income tax matters consultancy.

Pl support in having the copy of the same.

Thanks.

Hi all,

I am very much excited to be a part of the caclubindia.com

I am a NRI and Have a concept to set up a Private Limited Company in India to specifically to buy Volvo Container Trucks.
Source of Funding:
Initial amount Less Than 10 laks,
Looking for Bank Loan: Up to 90 Laks
Tentative Registered office: Chennai
Our Strength: Wide Contacts, Committed People, and Technical Excellence


My Questions are as follows

1) Can you recommend any book, which illustrates the details of Company Act 1956 in simple English?
2) I wanted to do a “Five Year Cash Flow Model “and “Financial Crisis Mitigation Plan” for Truck Business.
I am keen to engage with any CA Experts who are experienced in Transport Companies to do a cost benefit analysis for this business. If any one interested please fell free to write to me at mahaveerprabu (at) yahoo.com

Dear Friends

My client inadvertently got two DINs immediately on the same day. One DIN was used for incorporation. How to surrender the Another one. Is there any procedure for cancellation or surrender?

I contacted MCA but they referred DIN centre.
Could you please give DIN Cell contact number.

Dear,
We are 2 directors & 1 managing director in private limited co.
Managing Director is not in favour of the company.
So,we both directors decide to take resignation of M.D. & I want to be a M.D.from director.

Please give me reply of following queries as soon as possible.
1) Procedure of Resignation of M.D.
2) Can M.D. close a company without taking permission of 2 directors?
3) Procedure of appointment of M.D. from director.

Please give me reply as soon as possible.

Can anyone provide me chcklist/procedure for transfer of shares from RI to NRI.


In my case in an Indian company there are two shareholders(son and mother) in a Pvt. Ltd. co,having equal % of shares(total paid up Rs 2 lacs). 100% FDI is allowed in its sector.

One of their relative owns a company in signapore. This company wants to buy 40% shares from the existing shareholders.

I have some queries.

1. The funds have been remitted by Singapore co. As per RBI notification the Authorised Dealer has to send KYC report to RBI.

What is the responsibility of Transferor i.e. Indian shareholders whom funds have been remitted with respect to KYC REPORT.

2. The AOA of the company provides that for trf. of shares the transferor to notify the company and shares shaqll be offered first to existing shareholders.

As there are only two shareholders and both of them are the transferors then who should they intimate.

3. The transferee is a company(NRI) who can execute the share transfer deed and other documents on its behalf.

can anyone help pls.

Regards

P.C. Joshi