What are the legal formalities when foreigners invest in indian company and how it should be incorporated in Minutes?

What are the Companies duty and how it can fulfill it?

Please help me out and tell me the section of these queries.

Dear Friends
I have certain queries related to Redemption of 5% Redeemable Cumulative Preference Shares.
The Back Ground is as follows
1) The Company has in Year 2003 issued 5% Cumulative Redeemable Preference Shares.
2) The Company has not declared any Dividend for both Equity Shares and Preference Shares.
3) The Company has not made any Provision in its accounts for Dividend to be paid to preference shares.
My Query
The Company now wants to redeem these Preference Shares.
1) Is the Company required to pay the accumulated dividend( for 7 years) on these cumulative preference shares at the time of redemption?
2) If it is mandatory to pay the accumulated dividend, can the company obtain a waiver letter from these preference share holders to get the dividend waived.

Kindly note that the following
1) The Company has not made any provisions for the accumulated dividend
2) Nor the Company has paid any dividend to the Equity Share holders during this period.

Regards
Ashish Gaggar

Dear All

Mine is Public Ltd. Co. i want to change the desg of WTD to MD on the same terms & conditions, but want to change the period of appt ie effective from 01-01-2011 to 31-12-2016.

Please provide me the procedure for the same with the draft BR & SR.

Dear Expert,

If a private Company issue Debenture, in that case which E-from will be filed by the Pvt. Company with ROC? whether form 8 or Form 10?



Regards,
Yogesh Choudhary

How to get regiter a LLP with the ROC
What are the documents require to register a LLP

Hi everyone,

I'm posting a query for the first time in CAclubindia and after pondering over this question for quite some time, I was hoping someone amongst you could help me with the following...

Now, I'm aware that a company whose shares are transferred, need not pay Stamp Duty on them. It is the transferor or the transferee who pays it (as per mutual agreement). I have also checked the Indian Stamp Act, section 29.

However my query is that, is there any section in the Companies Act, 1956 which states this? The section need not specifically mention Stamp Duty.

Can any on tell me it is possible that a co. Have 2 Company shareholder and these two Companies has authorised those persons to attend Agm and other meeting on its behalf who are also the Director of the First mentioned Co.

Hi,

I have filed Form 1A, stating Proposed AuthorisedCapital as Rs.10,00,000/-, but I want authorised capital of Rs.25,00,000/-.

How I can correct the Authorised Share Capital?

Please answer me......

Can a whole time director of two limited companies (one of the company is a listed company)withdraw remuneration as whole time director from both the companies within the limits prescribed by the Schedule XIII.

if foreign citizen remit the money in company's a/c either for share capital or for unsecured non-repatriation basis , does any permission from RBI or any govt. compliance are required where other share share holders are Indian.