Dear All,

Please clarify following:

Existing Limited Company wants to takeover the running Partnership Firm and close sown the partnership firm.

In case of purchase whether stamp Duty will be applicable even though there are no fixed assets of Partnership Firm.

Is it possible that the main object of the company be changed to insert the take over object.

How much maximum salary a company could pay to relatives of Director.Is any approval required from shareholder/central govt.

Hi All,

I want to know whether the minutes of a meeting is rendered INVALID if it does not have the chairman's signature? If not, what is the status of such minutes?

Thanks in advance,
Shruti.

Remuneration to Directors of private limited company governed by which section of Companies Act.Is there any monetary limitation.Is any approval of Central Govt. required.

I want to register a private company with the object of network marketing ,Corporate agent of Insurance Companies and Mutual Funds

What should be mentioned in Main Object of Memorandum?

A company incorporated and incorp certificate just now generated. On scrutinizing the same certain corrections required to be made:

Name: father Private Limited. - correction is first letter F must be caps but orig typed wrong in lower case. can the style be changed now?

Address has a typographical error.

we yet to receive the new incorp certificate.

can we submit the corrections now?

what are the procedure?

what are the attachments?

will they give new incorp certificate correcting the same?

Dear members,
Kinldy clarify over the following:
A private limited company in its articles wants to lock the shares subscribed by the first directors for an infinite period so that the first directors being promoters will not get out their obligation to carry on the business on incorporation by transferring to some other member.
Can it do so by drafting the articles in such a manner? Will the article prevail over Companies Act which just restricts the transfer of shares?
regards

Hello....can u please tell me wht is the shortest remedy for non Fling of Form "17" for satisfaction of charge....

what will be the procedure now......will it be setlld jst imposing a penalty or otherwise.......

pls answer as early as u can.....waiting....

Thank you...

Hello friends,

My question here is whether a partnership firm can apply for equity shares in a company and whether company can make allotment to Partnership Firms.

Dear Experts

I have a query under fema provisions.

The company has accpeted Rs.2 lacs from foreign promoter(body corporate) as subscription money at the time of its incorporation in 2003 and issued shares fro rs. 1 lac only and had utilised the remaining Rs. 1 lac for its own use in the operations of the company and shares for Rs. 1 lac to the promoter has not been alloted till today . Now the RBI is questioning why till today the shares for Rs.1 lac has not been alloted.

Is there any way out tto this situation?

Regards
Priya Sharma