Dear All,

We are a unlisted public limited company. We proposed to allot shares on preferential basis to our directors.

We have taken the approval of members under 81(1A) and complied with the prescribed rules.

Now how the resolution for allotment should be passed in the Board Meeting. As we are allotting shares to 3 Directors out of 4?

As all three directors are interested in the resolution

Please guide us on the same.

Thanking You,

Pankaj

Our Company was incorporated as a Pvt Ltd Co. in 2004. At that time one of the director was appointed as the M.D. In 2011, Company got converted into Public Ltd.As per amended articles, the M.D. can be appointed for a period of 5 years. The company want the same director to continue as MD. Now should I re-appoint him by filing Form 25C & 23 or a fresh appointment should be made by filing Form 32 & 23? Please give your suggestions.

Can a wholly owned subsidiary give an unsecured/ secured loan to its Holding Company??? To the best of my knowledge, there is no such restriction under the Companies Act, 1956........Experts ur views please?

one of our client company want some local people to act as director for the company what document should we ask for them apart from board resolution , power of attorny , authority letter . if we approache some new people do we execute a agreement with new people to act as director its urgent pls help me

whether the particulars of employee rules 2011 which are notified on 31st march 2011 are applicable for the financial year 2010-11 or from 2011-12

Dear all,

By notification 11/2011 MCA has directed to file PAN but it is not clear that in case company which is having foreign director and they are not receiving any money from company then will it be mandatory to file DIN4.

Vinay

Hi everyone,

my query is if i am purchasing whole of da shares of a private company taking over the management by appointing our directors in to the company do i need to make a sale deed if assets (land) is to be transferred in the name of the company. or is is that the assets also is transferred along with the purchase of the entire shares of the company. what is the precedure to also acquire the assets of the company along with its shares.

kindly help me in this regard.

Regards

Abhijit

dear Sir,

Can a company amend its main object so that it includes two or more biz. To be more specific can a compnay with tourism as main object undertake activities like hoteliering, amusement parks, confectionery etc...are there any case laws in this regard

Whether a newly incorporated company is require to file form DIN 3 separately, if it had already filed the form 32 at the time of incorporation.

Dear All as working with a consultancy we usualy get query regarding setting up different form of business in different part of india . Is ther any web site from where we can get the updated government policies regarding a particular state or city in the said context.