A director wants to appoint an existing director of the same company as his alternate director. Is this possible. Any violations. Pl clarify

Company X is a holding listed co., It is mandatory for appointment of its independednt director in its subsidiary co., The independent director desires to appoint an alternate director for him

Now the query is
Should the alternate director so appointed should also be an independent director. Any mandatory rule for that.

Pl clarify.

Two equal shareholders 50-50. A is sleeping partner, B is managing director, did forging signature on all resolutions, and ROC papers. B has single signatory in the bank, therefore misusing funds. A can also use his signature for bank operation but so far not using. What should A do to achieve shares of A back if A want to quit the company in this case ?

We are not getting provident account slips from couple of years, despite of all payments and returns in time, we have visited numerous times to PF office and submitted every bit of document copy they needed but they dont bother to send the slips.

We have decided to go against the commissioner under RTI act,

is there any other way to get the account slips?

Dear Sir,
I wish to clarify some doubts regarding NBFC formation. i.e.
1.Is it possible to carry on the business of Non Banking Financial services by a Pvt Ltd?
i.e. is it allowed to accept the deposit & give the loan to the public?
2.What are the procedures should be followed while the formation of NBFC?
3.Any other permission should be obtained from the RBI?
4.When it(RBI Permission) should be got?

Regards,
S.Jegadeesan.

Dear Sir,
I want to clarify some doubts regarding Company Incorporation,
1.Is Pvt Ltd can carry on a Chit/Benefit Fund Business?
2.If Yes. What are the procedure ?Should I follow Any special compliance?
3.Is it allowable under the companies act that a Pvt Chit fund Company may accept the Subscription or any other amount from the public?

Hello,

pls answer this urgently,

If Bank is not giving the NOC for the cash credit limit sanctioned earlier but closed in 1998 and the letter is misplaced than what can be the further steps.
Also if Company wants to go for EES 2011 up to 31St jan is last date and till that is it has not received that NOC than can we file application under EES 2011 without NOC and Can we submit same afterwards on query basis?

Thanks in advance

Is a company having cash balance of Rs. 1,40,000 is eligible for Eay Exit Scheme ?

board resolution for informing diffrent authorities about the change of name and also making changes in share certificates, moa aoa, common seal and other artiles of the company.

plz suggest.
Regards

Abhijit

I have query regarding applicability of section 297 in case of transaction between a public ltd and a pvt. ltd. co.

i) X public ltd. and Y Pvt. ltd company are JV partners and the share of X pub. ltd. is 49%.
ii) There are two nominee directors in Y pvt. ltd co. of whom one is the director in X pub. ltd. co.
iii) X ltd providing services to Y Pvt. ltd on daily basis.