Dear All,

please let me know in emergency, if allotment of shares (pursuant to sanction of scheme of arrangement (merger) by High Court ) resolution can be passed through circular among BOD approving the same? if possible give me some provisions and supporting sections for the same.

matter is very urgent and would be eagerly wating for all of your expert guidance.

regards,
Shital

A Pvt. Co. has 3 Directors, out of which 2 usually stays out of India for business purposes (both of them are foreign nationals). so my Question is regarding how a Company can pass a circular resolution in absent of quorum i. e. only 1 Director (who is in India)during period when no quorum is present in India. Further the circular Resolution is required to be passed without appointing Alternate Director.
Reply..

Hi. Gd Noon..Can you inform me the exhaustve transaction for which company is required to passed SPECIAL RESOLUTION..............

Can anyone provide the Format of Board Resolution for Bank Gurantee ?

Thanks & regards

Our Company is a unlisted public ltd company. There is a change in the designation of one of our directors from whole time director to non executive director. However the Company proposes to pay commission to the said director. Whether the Company can pay the commision on quarterly or monthly basis though it is calculated on the net profit of the Company. Can he be called independent director? However Company is paying remuneration to WTD on effective capital basis.

PLESAE SEND ME THE OBJECT CLAUSE OF A COMPANY DEALING WITH PURCHASE AND SELL OF BRANDED FURNITURE.

if there is 3 promoters in Form 1A and at the time of subscribing MOA/AOA one promoters
is steped out....now can only 2 subsriber can register the company.


any NOC required in this situation

Dear Expert,

Just wanted to know the mandatory pre-requisites to open branch outside India for any pvt ltd co engaged or doing business in India.

Please do revert

Thanks,
Prashant

Members,

In a X pvt ltd company, there are 3 directors of which 1 director, Mr.A is permanently residing in foreign country. In such cases, it has been difficult to obtain the regular disclosures as per section 299 of the Companies Act. Whether can the disclosure mentioned above be signed by any other person by giving a power of attorney??

Is a power valid for such purposes? Else what can be done. Kindly clarify.

What r documents & details required for formation of Pvt Ltd Co ?