Anonymous
27 June 2011 at 12:51

warrant

Respected sir/ Madam,

Actually my company is a listed company and i have a query regarding issue of warrant on preferential basis which are convertible into equty shareswithin 18 months of the allotment of warrant which is as follow:

the allotment procedure is over. Now the allottee who already paid 25% amt wil have to pay remaining 75% amount of warrant before 18 months of allotment. Now one of the alottee wants to pay his part of 5% amount and want to convert the warrant into equity shares now can we issue the shares to him and utilise the money for the company purpose or we have to wait till the others pay the 75% amount.

the another question is the preferntial allotment is to the promoters group is more than 10% of the paid up capital of the company .
whether SEBI (Substaintial take over code ) wiil apply (i.e. 5% 10%, 14% clause will be applicable or what?

whether we have to get the shares to be issued to the allotte listed immediately or after the getting 75% amount from the other allottees?


kindly respond it on urgent basis

Thanks in anticipation.



Anonymous
27 June 2011 at 12:51

formation of company

hello sir,

if Mr. x want to register his company with a name in which the word "universal" has to be include,
so what is the minimum authorised capital required for the registration?

thankyou in anticipation.........


Abhijit Rane
27 June 2011 at 12:19

Sec 314 - office of profit.

Dear all

If a company employs on retainership basis the brother of the managing director as consultant providing his professional services who is being paid more than 50,000/- per month will he be attarcted under sec 314 of the companies act for which approval of central govt. should be taken (This is a Private Company).
Plz Guide..

Regards

Abhijit


Harish Chandra

I have read about provision of Registered office of a co. but not about head office of a co.

I have two questions in this regard

My first question is that Head/Corporate office of a company is defined in company Act.

and 2nd question " can a co. have Registered office in delhi and corporate office of company in UP ( two different ROC Region ) acc. to company act. 1956 "


Aparna Raja K.C
25 June 2011 at 22:10

Sec 441 a

Is it necessary to mention about Section 441 a in audit report?



Anonymous
25 June 2011 at 18:18

Registration

Please explain me all the steps to be followed to get registered under Companies act while forming a company.
Please give me practical approach. The person applying is located in Punjab.

Regards



Anonymous
25 June 2011 at 18:16

WOS

Our Company is WOS of one of the other Company as 100% shares held by parent company but when we go for tender in one of the organization they asking for statutory documentary evidence to prove 100% Subsdiary Company of parent company. SO please any one can help me to prove the same and what documents I have to give them to prove the same. I had given them CS certificate but not considering for the same...thanks in advance for early replay


R.Sai Krishnan
25 June 2011 at 11:42

Minutes of Remuneration Committee

Dear members

In the meeting the Remuneration of the director is going to be increased. Can any one please provide me minutes of the Remuneration Committee


koteswara rao
25 June 2011 at 10:22

CARO

When the company is default to pay to the non-Banking financial institution, is it required to state in the CARO report?


S SUBRAHMANYA SWAMY

The subject circular deals with defaulting companies who have not filed their Balance sheet and Annual Returns with ROC. The said circular states that members of ICAI, ICSI and ICWAI MUST NOT issue ANY certificates to such defaulting companies other than e-forms mentioned in that circular.
The words 'any certificates' used in the circular has wide meaning and covers any certificates issued under the provisions of income tax, service tax, customs, excise, labour laws to mention only a few. It badly affects the practice of CAs. Whether CAs are bound by the circular or by the guidelines of ICAI? What is institute's stand?






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