i have two registered firms having different businesses bt with the same management and having a different business place.can i incorporate a compnay with combination of these two firms as per companies act,1956

i want to ask that what is the mean of limited by share and limited by liability in company act and what is the main difference between pvt limited company and public limited company..........

what is the procedure of declaring dividend and the calculations for pvt. ltd. company?

Pls Advice :

In case of Pvt Ltd ccompany-

whather a Pvt Ltd company can take loan from director in cash?

Respected Experts
In case a Co whose authorised Capital is permitting to issue Redeemable Pref Shares & there is no need to incerase its authorised capital to issue such shares & also its Article is permiting the co to issue Redeemable Pref Shares as per its own discreations - now is the Resolution passed by the co to issue redeemable pref shares will be treated as a Special Resolution or Ordinary Resolution in General Meeting & is the Co. to file form 23 for intimating ROC about the said resolution
Thanks
Debashis Mandal

I was appointed in an educational institution on July 2001. I have put in my papers and shall be leaving the institution in September, 2011. The first year EPF was not deducted from my salary. It started in second year i.e. from July, 2002. Accordingly I shall not be able to complete ten years of contribution to EPF a/c. If I move to an institution which does not have EPF facility, will I be eligible for Pension? If I wish to avail Pension, what can be the way out?

hi, sir my name is praveen and i am a engg. student.i m also doing job but my consultant cheat me he took my signature on some docuement and my pan card copy to register a new company and somebody told me about that you are the director of that company and he is doing unauthorize work.

i have the cin and serial number of that company what can i do in this matter

pls send on my mail id
praveenkashyao07@gmail.com

28th June 2011

Dear Members

Preamble of the Issue

Mr.X is a Director of the Company XYZ Private Limited
Mr.Y is a relative of Mr.X

Mr.Y who is a relative of Mr.X (Director of the Company) is being engaged as a consultant on a monthly payment of Rs.50000/-. The provisions of Section 314(1B) is attracted for the above said appointment of Mr.Y as consultant. In my opinion this requires the following approval:

(1) Board of Directors prior approval.
(2) PRIOR approval of the Members of the Company by way of Special Resolution [Section 314(1B)]
(Note : Central Govt. approval is not required since the payment does not cross Rs.50000/-)

My interpretation of Section 314 is as follows:

(1) Monthly Remuneration upto Rs.9,999/- Prior Board approval

(2) Monthly Remuneration from Rs.10,000/- to Rs.19,999/- Prior Board Approval and Members approval at the next General Meeting

(3) Monthly Remuneration from Rs.20,000/- to Rs.50,000/- Prior approval of the Board and Prior approval of the Members

(4) Monthly Remuneration over and above Rs.50,000 - Prior approval of Board, Prior approval of the Members and Central Government.

The above appointment falls under Point No.3 of my interpretation. Kindly advise in this regard.

with regards

Murali

I am a person who has passed CS final examination in Dec 2008. But i have not taken membership with ICSI. Whether i can be appointed as a whole time Company Secretary? As i understood its impossible, whether there is any loophole?

Dear experts,

My query is in case of public limited company --

* is there any minimum capital requirements to form remuneration committee or it can only be formed in case of inadequate profits under schedule XIII of the act?

* If paid up capital is 3 crore is it required to form the remuneration committee?

* can company create remuneration committee willingly or without such requirements.

Please clarify?