A company receiving its income only from Interest on investment . Almost 80% of revenue is from receipt of interest.

Will this situation means that the company is NBFC?
What is the provision for a company to automatically fall under the catagory of NBFC?

Please Guide....

what is the meaning of fully diluted share capital??
what does the word diluted exactly means??

Hi all,

Greetings of the day!

Can anyone specify me that

We are going to submit one DIN application for Foreign Director. His identity and resi proof is his passport which does not contain his father's name. He does not have any other document which contains his father's name.

1. Whether the application without any proof of his father's name will be accepted by DIN Cell ?


Please reply asap.


Regars
Shachee

Dear All,

We want to transfer 20 % of 50000 shares to Mr. X i.e. 10000 shares.
But our shareholdings is as follows
Mr. a 8000 shares
Mr. b 7000 Shares
Mr. c 7000 Shares
Mr. d 7000 Shares
Mr. e 7000 Shares
Mr. f 7000 Shares
Mr. g 7000 Shares
In these case if We want to transfer 10000 shares how we can split these shares.

Please tell me the Procedure?

Whether compounding fee paid by a listed Company to Company Law Board / Reserve Bank of India should be disclosed in the Corporate Governance Report or in the Directors' Report.

Expert opinion solicited with legal provisions.

Please provide me the memorandum and articles of association of a consultancy services private limited company.

can share application money + subscribed share capital be more than authorised capital for a non-listed pvt ltd co.,. If the answer is 'no' why and what are the consequences.
Thank you

Dear Friends

Please note that my company has recently got converted into unlisted public Company. So for meeting the requirement of min 3 director we appointed our Director - Finance as executive director of the COmpany. However now we also have to meet up with the requirement of forming audit committee. Thus can i now file new form 32 and appoint the said director as my non executive director.

Kindly advise

Would anyone Please explain me the following terms: Authorised capital and Subscribed capital, Preference shares.

In my case: the Authorised capital is 1,00,000/- and the euity share value is Rs.10/-

and please help me out to fill the following:

(a) Authorised capital of the company ( in Rs.) - 1,00,000.00
Break up of Authorised capital:
Number of equity shares - 10,000
Total amount of equity shares (in Rs.)-? __________.
Nominal amount per equity share-? _________.
Number of preference shares-? ___________.
Total amount of preference shares (in Rs.)-? _____________.
Nominal amount per preference share-? __________.
(b) Subscribed capital of the company ( in Rs.)-? _________.
Break up of Subscribed capital:
Number of equity shares-? __________.
Total amount of equity shares (in Rs.)-? __________.
Nominal amount per equity share-? __________.
Number of preference shares-? __________.
Total amount of preference shares (in Rs.)-? ____________.
Nominal amount per preference share-? ___________.

A director wants to retire at the Annual General Meeting and does not want to re-elect. A company decides not to fill up his vacancy.

How to draft AGM notice and AGM resolution

Other expert views are solicited