Dear sir,
When a proprietorship concern is converted to private ltd. co., is there any stipulation that the minimum no. of shares the proprietor shall hold in the pvt. ltd. co. must be atleast 50% of the entire shareholding for a specified period.
Regards,
Jyothi
What is the procedure for transfer of shares from retiring directors to new director ??????
Section 269 provides that the Co. having a paid-up share capital of more than 5 crores is required to appoint a MD...But what is the time frame within which the MD is to be apptd. after the increase in Paid-up capital.
Actually the paid-up cap. of my dompnay is increased to more than 5 crores w.e.f. 09/11/2010....so can i appt the MD in the forthcoming AGM (in the 2nd week of August) or do i need to appoint before that...pls. suggest.
under ( CG)provisions sub-clause iii a to g of cl.49 of listing agreement defines Independent director.In cl iv it is written that nominee directors from public financial inst. under section 4A and banks are independent.
query: If a listed co. has signed an agreement with statutory body of state govt. and nominee director from that Body is appointed in our company, then whether he is consider to be Indepedent or Non-Indepedent ?
Exactly how much time will it take for approval of online form 1A (NEW COMPANY) after transaction status showing "Pending for approval" in mca site tab ???
Is there any method to speed up the whole procedure of company formation ie any fast track basis or something like that??
THANKS IN ADVANCE
AYUSH WADHWA
i wish to know that the procedure for pvt ltd co regarding retiring director ( already filed form 32 ) and transfer his shares to remaining two directors.
SIR,
I HAVE A PVT. LTD CO. WHO HAS RECEIVED SHARE APPLICATION MONEY OF RS. 120000/- FORM 3 DIRECTORS RS.40000/- EACH IN CASH.
AND CO. DOES NOT PASS ANY RESOLUTION FOR RECEIPT OF SUCH MONEY.
PLEASE TELL ME THAT IS THERE IS ANY NEED TO PASS BOARD RESOLUTION FOR RECEIPT OF SUCH APPLICATION MONEY FROM DIRECTORS IN CASH.
ITSSSSS VERY URGENT..........!
What documents are required to be filed by a public limited co. ( unlisted ) not inviting public issue, and within what time for obtaining commencement of business.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
share holding of director