Please clarify this:

Mr.A is a director in X ltd and also in Y Ltd. Mr.A has no shareholding in both the Companies.

Being an interested Director, is it required for him to make disclosure under Section 299 of the Companies Act for any contract or arrangement entered into or can he claim exemption under Section 299(6) stating that he has no shareholding in the Company??



Thanks in advance.

Regards

Facts:

An hotel Registered as Partnership firm with 9 partners, further converted to a pvt ltd company (Part ix)with only 4 of its partners as directors.
Further 2 of the said 4 directors left the company giving undertaking on an 100 Rs. stamp paper "I do hereby resign as director from xx/xx/xxxx date"

Due to ignorance the company failed to file form 32 with ROC and the aforesaid director still stand to be as Directors with ROC records

The company is applying for EES and requires the director's consent but one of the two 'resigned directors' refused to singn the proceedings and give any co-operation..

Please help me out as I want to get rid of these stuff...


Thanks in advance

hey hii
i am going to start a partnership firm and i have done with partnership deed and I want to know the next procedure and our office is on rent so if we want to apply for VAT Tax and Sales tax etc how we can. kindly help me to solve my problem as soon as possible.

Dear all,
My query is regarding calling AGM for shorter notice of a private company...In companies AOA it is written atlaeast 3 dayz notice for AGM could be given...
My question is company wants to give 2 days notice...wat can be done thanx in advance

I have 5 pf a/c no. of diff companies can i converst all those into single then into ppf a/c answer me the proceduure of all these change

X.pvt.ltd. needs to appoint existing director as MD & new person as Chirman.

My qustion is whether company needs to send notice to share holder.

X.pvt.ltd. needs to appoint existing director as MD & new person as Chirman.

My qustion is whether company needs to send notice to share holder.

Respected experts

a proprietorship firm was taken over by
a pvt ltd co. Now the takeover
consideration was given more than what
was decided, can the extra part be
treated as goodwill?

Again the takeover a/c has transactions
like money given & taken back, is this
allowed in take over a/c?

A loan was given to director &
shareholder of pvt ltd co. as this is
not allowed, now what can be done in
this regard?

Kindly advise.

Padmaja joshi

Dear sir,
Please consider the following issue and clarify.
A Public Ltd Company which is a 100% subsidiary of Private Ltd Company!
Query:
1. How many members & Share holders should be in Public Ltd Company, Whether 7 or 2. If 7, then how can it became 100% Subsidiary of Private Ltd Company?
2. Similary how many Directors?

I am incorporating a public company. whether it is compulsory to sign MOA by all seven promoters. If some promoters can authorise any other person to sign MOA on their behalf ?

If yes . How much stamp duty we have to pay for above power of attorney ?