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Anonymous
23 July 2011 at 14:55

Increase Capital

What are the ways in front of company to increase its share capital?


Ankur Soni
23 July 2011 at 11:16

company incorporation

Sir
Is it necessary to file DIN-4 even when the PAN or any other details have not changed of a director?
Following error came up when i filed form 1,18 and 32 -- "The DIN/PAN entered for director upon signing of Eform does not correspond to the DSC affixed"


Ankur Soni
23 July 2011 at 10:56

company incorporation

Hello Sir/Madam
I'm trying to upload form 1, 18 and 32 on mca portal but a error message comes when form 18/32 is uploaded- " The DIN/PAN entered for director upon signing of Eform does not correspond to the DSC affixed."
I filed form 1A using the same DSC. Also DIN i entered in form 18/32 is correct. What should i do? Apply for new DSC?


CA. Praveen Narayan
22 July 2011 at 23:08

Charges created

Dear all..

My doubt is how can an outsider/ practicing professional check whether a company have created any charge on its assets

and whether the company have filed the details with ROC?

Thanks in Advance..

Praveen.N


Fiona Khanatore

Sir,

After filing form 1A, what are the further steps? What are the other required forms to be filed? Please explain me step by step. Its urgent. waiting for the reply. Thanks in advance.



Anonymous
22 July 2011 at 14:30

Removal Of Auditor..

Dear All,

What the comapny should be doing if the auditors gives the Letter stating the unwillingness to audit the book of accounts in the middle of its term..

can a new auditor be appointed in the middle of the term...


pls reply



Anonymous
21 July 2011 at 16:42

Retirement of Vice Chairman

Our's is a listed Company.

60 years age of our Vice-Chairman(Executive) having remuneration of Rs.4,00,000/- per month.

Can we retire him from Board of Directors and appoint him as a Consultnat/Advisor of the Company ?

Please reply.


VINITHA RAJESH

Hi,
Please give your comments and advice for the case given below.

A person started an agricultural business in his individual capacity. Some of his relatives and friends helped him with financial support. All these people together incorporated a company with its main object to carry on agricultural business. The proprietor mentioned above is a shareholder cum director in the company. The company want to take over the proprietor's business. They have two options.

1. To consider the expenses till date as pre-operating expenses (Around Rs. 10 Lakhs)of the company and to carry on the business as companies business.

2. To enter into an agreement with the proprietor who is also a shareholder-director in the company for takeover of the business with a consideration (share or cash)

Which option would be better?

When I went through the topic for conversion of proprietory concern to private limited company they specify that
a. the conversion should be mentioned in the main object clause of MOA of the company
b. The consideration should be in shares only
c. The proprietor cum shareholder should have 50 % share in the company and should be maintained for 5 years.

Is this correct and will the above mentioned takeover be considered as conversion?








Anonymous
21 July 2011 at 15:07

Inspection by Shareholders

Can a shareholder inspect the books of accounts or can he ask information about the company's financials like debt or cash balance, etc at any time during the year? Can the company deny to give such information to shareholders? Plz enlighten.



Anonymous

Enlightened Members,

Please guide regarding the Important Dos and Don'ts of drafting resolutions for Transactions at Board Meetings and General Meetings.

Thanks in Advance.






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