1.Can a Minor become director in company???

In module institute has said that minor cant as unable to contract under contract act,1872…but in privcacte ltd.co. if article permits , it is possible.

In Munish bhandari book …he said as director has to take DIN compulsory, and for DIN 18 year is a must so not possible……

What we should write in xam

2. can person inspect books of account on behalf of member??

Our icaimodule says..yes ifAOA permits…..in practice manual they have said yes ,if members resolution is passed…

what should we follow.....i have noticed so many cases when M. bhandari provision and ICAI provision conflicts.....even there is a conflit between MODULE vs Practise manualss....

We are two Director in a Private limited company. We want to add one more director in our board.

while filing form 32 for 3rd director, it is required to provide resolution number with date for authorization by BOD.

is it mandatory to file resolution copy for appointment of 3rd director? or
can i give any numeric no. as resolution no.?

I hve my Ca final atempt in nov 11 n m planning to do law from handbook + practise manual but my friends tell me not do do that but do the mainbook + handbook ? I just wanna know whether handbook + practise manual would be a good combination and would cover the entire syllabus and would it suffice as i feel handbook would cover all the concepts and by pratise manual i would come to know the way to present answers but stil afraid whether handbook may skip over some concepts...?

Dear All,


Is there any provision in the Company's Act preventing the companys from making the registration of immovable property in other's name other than Company itself ?




Regards,

Thanks in advance
Pls reply as soon as possible.

A private ltd co is incorporated on 15-12-09. Its first accounts for the period ended 31-03-10 were audited and signed on 15-03-11. No any AGMs have been held till today.

Q1. Is there a delay in holding AGM and adopting the accounts?

Q2. Can the co. file its ROC Return now?

Q3. What are the consequences of above?

Q4. Are there any possible solutions for above matters? what should have been the ideal situation?

Dear Friends / Experts,

Please see my query.

ABC Ltd filed Form 32 for X as Alternate Director for Z say in January 2011.


Please note, X has not resigned.


Again, the company filing Form 32 for Y as Alternate Director for Z (same director) say in June 2011.


I am unable to understand the necessity or logic behind such filing.


Can somebody make me understand or clarify the correctness ?

Ans : .......................


It seems the MCA portal accepts such filing.


I will wait to hear replies from one & all.

Thanks.

Our company is limited company and engaged in Agriculture activity's but how we want to add construction object in its object.
So can we add such object and what is procedure for the same.- its Urgent

Dear Friends,

I am in search for the detailed and elaborate procedure step wise for handling and implentation of ESOP and ESPS.

Please do suggest.

Regards
Raj

A Company was incorporated on 16.04.2010.
As per Sec.166 the period of 18 monhts for holding the first AGM expires on 15.10.2011. However, as per Section 210 the time of 9 months from the last date of Accounts ends on 31.12.2011.
In my opinion to comply with both the Section the last date by which the Company is required to held AGM is 15.10.2011.

Kindly advice.

Further, is there any provision under the Act for the extension of time under Section 166 for holding the First AGM?

In XYZ, we have 4 nos of executive director appointed on monthly remuneration basis who works full-time to carry out the company’s daily operations.
Mr. A is not holding any directorship in the company,but having ownership of stake of equity.He is not involved in any day to day operations except signing the salaries payments of staff as a signatory authority.

Would Mr.A is responsible/liable for any act or omission or proven negligent ?

Thanks,