Please help me.....
I have a company to be incorporated with authorised capital of 10 lacs and paid up capital of Rs 1,00,000 there are two partners who are running a sole popritorship firm have agreed to make a company now the exisitng firm's assets are to be en by the 2nd partner in return of shares to be issued at premium, now can I issue only 5200 shares of the issued capital at par and the remaining at premium
The valuation goes to 1.5 cr

Should we file the Form under "THE COMPANIES (DECLARATION) OF BENEFICIAL INTEREST IN SHARES) RULES, 1975" even if we collect the subscription from the individual subscribers ? In my case, the individual subscribers are executives of the Company and do not hold any beneficial interest in shares. Further the first holder is the individual subscriber and the holding company is the joint holder of shares. Pls clarify.

Hi,
Am new to the forum and have a question, I was hoping, the experts could provide information for.

The company I work for has a salary structure with about 70% Basic + DA component. We are looking to restructure the salary component to 35-40% basic +DA ( which is more in tune with the market)

What effect does this have on statutory regulations like PF, gratuity etc and what steps do I need to take to update various govt bodies of thie change to ensure a smooth transition from the current salary structure to the proposed one?

Sir/Madam,

If AGM For he last 2 years has been held by a private Limited Company, but in that AGM Annual accounts has not been approved and adopted due to some reasons and the same has not been filled with ROC.In case the accounts are adopted in the month of february, 2011.What Compliance should be done With ROC and other authorities.

Kindly help me out to solve this problem.

Hope your earliest reply.

while studying sweat equity shares concept,i
came across with sentence"THE SHARES SHOULD BE OF A CLASS OF SHARES ALREADY ISSUED".
what does above sentence mean.please clarify me

A Pvt.Ltd.Co.incorporated in 1994. The Authorised & Paid Share Capital is Rs.100 lacs & 1 lacs respectively. till 31.03.2010 there were no Business Activities. However w.e.f. 01.04.2010 & onwards the co. is going to set up a manufacturing Plant which is under construction Stage. During the year 2010-11 the co. has taken loans fro Directors & relatives to the extent of Rs.125 lakhs till date.

Is any contravention or voilations as per Companies Act.

Moreever whether A director's HUF is considered as relative of Director as per Act.
Please clarify.

Dear Friends PlZ answer of the following query:

Mr. X is the MD of A Ltd and director of B Pvt. Ltd.

B Pvt. Ltd. has given a loan of Rs. 5 Crore to A Ltd and now Mr. X want to pay Rs. 5 Crore to B Pvt. Ltd. directly on Behalf of the A Ltd ( for repayment of Loan) and desireous of getting shares of Rs. 5 Crore from A Ltd. is the transction valid ?

Dear all,

Whether a Pvt Ltd Co. can accept Loans from other than directors, shareholders or any corporate entity?

Dear Sir/Madam

please suggest me Minutes of Remuneration Committee and its composition are considerable attachment in place of minutes and composition of Selection committee in e-form 24B for the purpose of approval of central govt.

I think it is same as selection committee.

Please suggest.

Thanks & Regards

CS ashish Shrivastava

Dear Experts,

Kindly suggest.

I had filed form 20B for 2007 by paying fees by online generated challan through bank.
Now while viewing public document the above e-filing is not reflected, though the SRN payment status is paid.

I am confused. please suggest.

Regards,