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S.Jegadeesan
21 May 2011 at 14:46

Public Ltd Co

Dear Sir,
Is it legally valid if the promoters itself subcribed 90 % of issued share capital as per prospectus, if a company has not received the minimum subscription from public?
Ex:
M/s.Jk Ltd incorporated with 1 Crore share capital.But issued share capital as per prospectus for Rs.50 Lakh.The promoters of Jk Ltd has taken the shares for Rs.49 Lakh.
Is it legally valid? Sebi will accept the Jk Ltd as listed company.


Harishankar Thakur
21 May 2011 at 14:43

Change in directorship

Respected All..
Can any one elaborate the complete procedure if all the directors of Pvt. Ltd. company resign and fresh Directors are appointed on their place... What is the procedure to file Form 32 with ROC???



Anonymous
21 May 2011 at 12:05

conversion

a private co. abc pvt. ltd wants to convert its status from private to public.
it has some share application money pending allotment. i would like to know whether the co. needs to refund that amount or make allotment in respect of that amount.
OR
the share application money pending allotment does not effect the conversion and neet not be altered???


shital

Dear All,

kindly help me by sending the draft of notice of EGM called on requisition by shareholders. please note that this should be the notice sent by requisitionist to all other members as Company fails to call the meeting within 45 days of receiving the requisition.

seek your guidance and expert knowledge.

regards,
Shital


ABHISHEK CHATURVEDI
20 May 2011 at 17:20

Unsecured loans from individuals

What are the penalties & consequences if a Private limited company is violated section 3(1)(iii)(d) by accepting unsecured loans fron individuals other than dirctors,members,shareholdrs & ther relatives?


CS Pooja Thakkar
20 May 2011 at 16:19

Rent Resolution

Following is the case -

If two group companies (Pvt Ltd Co) are using the same premises as its registered office and one company is paying rent to another, then what are compliances to be done by both the companies??

Can they pass a Board Resolution?? do we have renew it every year?? Can we pass resolution for 15 years at a time?? how??

Can we include this in the Sale - Purchase Agreement? will this trigger S. 297??


CS Pooja Thakkar
20 May 2011 at 16:12

S. 301

Can anyone help me with the following?

if there are sale - purchase transactions between group companies and the companies are having the agreement, then in which board meeting we have take note of S. 301 Register?? (In Pvt Ltd company)

Is it every 1st Board Meeting of current financial year we have note down for the last financial year??


CS Seema
20 May 2011 at 14:24

format & books

dear all is there any book from where i can get the format for letters in case of FDI and rbi related documents


Prabhjot

Respected Sir/Madam,

Please tell me the step by step process to filling the MCA forms(For e.g Form1A, Form1,Form 18 and Form 32) for Incorporate a Company. and Please teach me the differences of these forms.
If any book or links i can refer so please suggest me!


G. Sushant
20 May 2011 at 12:30

FIPB Approval

What are the procedure for getting approval/permission of FIPB in case of Foreign Investment in India in Textiles & Garmenents?






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