Alok
11 January 2011 at 19:45

Signature of newly appointed director

Hi,
Can a newly appointed director on date, say 10'Aug'2010 sign the balance sheet of period, Apr'09 - Mar'10.

Thanks
Alok


udit sharma
11 January 2011 at 18:12

Section 372A(5)

Hi...

Company A has given a Share Application money of Rs. 2 Crores to Company B. Till date, the Company has not allotted any shares to Company A.

Can this be shown as an investment in Company B and an entry to this effect has to be made in the Register of Inter-Corporate Investments maintained under section 372A(5) of the Companies Act, 1956 by Company A ?

In my opinion, this will be treated as investment only when Company B makes an allotment to Company A.

Please help....

Regards

CS Udit Sharma


rajeshacharya
11 January 2011 at 17:01

AGM

DEAR SIR,

IS AGM COMPULSORY TO A PVT LTD CO
RGDS


Parth Maken
11 January 2011 at 16:34

EES, 2011

I have two queries and shall be obliged if anyone could help me.

(1) I would like to know that whether there are any other conditions than those illustrated in the EES, 2011 Scheme on the basis of which R.O.C. may refuse to strike off the name of a defunct company. In other words is the list of companies for which this scheme is not applicable exhaustive?
(2) Can a defunct Pvt. Ltd. Company apply for striking off its name under EES, 2011 Scheme if it has done no business for the last ten years but has a small fixed deposit? In other words can R.O.C. refuse to strike off the name of a company if it has a small fixed deposit with a bank


Nirav
11 January 2011 at 16:21

formation of company

Dear Sir,
I had applied & Received Name Approval from ROC Mumbai. Now, i had prepared Form1, Form 18 & Form 32 & AOA & MOA.
Now,where to pay stamp duty & other charges & how much amount of Franking to be done? Authorised capital Rs.5 lac.
Please reply as early as possible


vinay
11 January 2011 at 15:32

Forfeiture of Subscription Shares?

Dear all,

Can anyone kindly let me know the solution, for the following problem:

A private Limited Company has been incorporated with two subscribers(who are also the directors), but after the incorporation of the Company one of the subscriber has not paid the amount which has to be paid by him, so what is the remedy available for the Company, can it forfeit the shares.

Kindly treat the matter as urgent.



Anonymous
11 January 2011 at 15:24

Conversion to a Private Company

On applying for converstion from a public company to a private company,cofirmation of substantial creditors is required.What is the meanibg of substantial creditors ?

On conversion,can a private company continue to have a public company as its subsidiary ?


Sonal Saxena
11 January 2011 at 14:40

Joint holder

Whether in case of joint holding of shares, in company's record in whom name share will be recorded?

If first holder is having another share in him alone name than he will be counted a single share holder or separate for joint holding and alone holding?



Anonymous
11 January 2011 at 13:57

Remuneration to director

Whether a non-executive director of a public company (unlisted) can be paid a remuneration on his professional capacity in addition to the sitting fees? Is any approval required for the remuneration in professional capacity? Plz suggest. Regds.



Anonymous

Hi,

Company A is holding Listed company. Company B, Public unlisted co., is subsidiary of Company A.
Company C Public unlisted co., is subsidiary of Company B.
Now, Company C has acquired 99% of shares of Company X, Private Limited.

Trust by virtue of step down subsidiary, Company X has become ultimate subsidiary of Company A, WHICH IS Public co.,

The query is
Should Company X (Pvt) now comply with the provisions of Public Company.
In such case should it increase the number of directors and members.
What other compliances need to be followed.
Pl clarify






CCI Pro



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