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Sudip Adhikary

Please let me know that whether for issue of share to a non resident existing shareholder is required to be passed by Special Resolution or Ordinary resolution in an Extraordinary General Meeting for a private limited company?


Ajeet Kumar
23 February 2011 at 14:10

Managerail Remuneration

Our co is pvt ltd co & also nbfc then what is procedure to increase directors/ md salary
whether it can be approved by Board or shareholders also required



Anonymous
23 February 2011 at 00:01

catagory of company

How can we check whether a private company is subsidiary of a public company or not. Does the MCA website give any indication in this regard.


CA Ysil Karunai
22 February 2011 at 19:26

Requirement under Companies Act

Dear Experts:
Please consider the following situation

Two Persons Mr.A & Mr.B holding 50% each equally in Share Capital of the Public limited company, and their relatives are members to make satisfaction of minimum 7 members. They are not holding single shares of the said company.
The Mr. A & Mr.B are also Directors and one of them is relative Director (who is appointed as Director, for the purpose of minimum Directorship in Public ltd company is to 3)
Query:
1. Whether there is any voilation in this above situation regard to Companies Act 1956?
2. If yes, Please provide explanation? and also, Please give any suggestion to compliance with companies Act!


Nidhi Thakkar
22 February 2011 at 12:11

Hii....

Quick answer required...... kindly help... In a pvt. ltd. co, where there are 2 directors at the time of incorporation... aftr incoporation 1 of the director passed away.. nw the co. is left out wid only 1 director which is against the Companies Act,1956 rules.... DIN has been applied for the 3rd director to appoint him as an additional director... I ws plannin that let d DIN of the 3rd director get confirm aftr which i will file his form 32 for appointment and once it gets approved will file form 32 for the cessation of the 2nd director.. but m afraid that would ROC take any action against it because d co. is runnin at present wid only 1 director..?????? or it will just charge additional fees for cessation of director...?? the co. is a capital advisor's co. and they want to get a deal done with a stock broking firm eg. anand rathi or sharekhan... m sure this cannot be done with 1 director....bt is der any other solution???? kindly revert back....


udit sharma
22 February 2011 at 11:23

Foreign Direct Investment

Mr. A and Mr. B are two subscribers to MOA of AB Pvt. Ltd. who have subscribed 5,000 Equity shares of Rs.10/-each. Mr. A is a NRI and Mr. B is a resident of India.

Now, I have the following queries:

1. When the Company receives funds from Mr. A towards the shares subscribed by him, whether the recipt of the funds have to be intimated to RBI through Authorised Dealer along with FIRC within 30days from the date of receipt of funds?

2. Since this is a deemed allotment and not a allotment of shares, whether Part A of FC-GPR to be filed?

3. Whether in the form we r filing for intimating the reciot of the funds, we can mention the fact that Mr. A is one of the subscribers to the MOA of the Company and shares will be allotted to him in his capacity as subscriber to MOA of AB Pvt. Ltd.?

Pls. reply its really urgent....


ABINAYA
21 February 2011 at 20:54

Registration of DSC

I want to register the DSC of a director using his DIN in Mca site. In that personal details of director as per the DIN application is needed. How to get that details, DIN was applied 2 years back. Can i have that details online.


amit

Dear Sir/Madam,
I want to know what is share subscription agreement and share holder's agreement ? Purpose of such agreements are drafted ? Is there difference between both the agreements ?


shamim
21 February 2011 at 15:55

section 220

dear expert

does filing of profit and loss account mandatory, in case of private company, at the time of filing of annaul return & balance sheet to roc.


NASEEMUNNISA BEGUM
21 February 2011 at 14:34

CROSSIN OF CHEQUES

Explain NOT NEGOTIABLE CROSSING of cheques with examples?






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