Rajesh
18 December 2010 at 09:15

Non Banking Finanace Company

I want to get registre with ROC Delhi a Non Banking Finance Company (Pvt. Ltd. I want to know whether i have to take the permission From RBI if yes than it is befor registration with ROC or after.What is the procedure or form i have to use to take the permission from RBI.


Mukundan
17 December 2010 at 18:03

OCB investment in Indian company

What is the exact definition of OCB. For example, a US incorporation in which a an NRI and an Indian national are holding equal shares can be defined as a OCB. In such a case, can this OCB make a FDI in a recently formed Indian private limited company through automatic route. or does this require an FIPB approval. Or is this impossible. I seek the help of expert company secretaries and auditors to get a clarification. we are planning for such an arrangement




Anonymous
17 December 2010 at 17:53

Increase in share capital

AN INCREASE IN THE AUTHORIZED SHARE CAPITAL OF A COMPANY WOULD BE EFFECTIVE FROM WHICH DATE, THE DATE OF FILING OF FORM 5 OR THE DATE OF THE BOARD MEETING?


sanjay

Hello Experts
I want the board resolution to increase in director remuneration.
thanks
sanjay


ajay arora
17 December 2010 at 15:37

dividend

if company annouces dividend 10% on capital on 30/04/2010,company capital is 10 crore as on 31.03.2010 and 11 crore as on 15/04/2010.what will be the capital for dividend.


Guest
17 December 2010 at 15:31

sec297

A private company having paid up capital of rs. 1 crore enters into transaction with another private co. and they have common directors so they are related parties. the another or opposite party is having paid up of less than 1 crore. so i think as per section 297 of Companies Act, 1956 if a private company having paid up capital of Rs. One Crore or more enters into a transaction with another private company whose paid up capital is less than Rs. One Crore, then former company needs to take prior Central government approval and board consent before entering into the said transaction/arrangement.But no such action took place.

so kindly advice me the consequences. Is it falls under Condonation for delay or Compounding of offences???????????




Guest
17 December 2010 at 15:25

Minutes

required a minute for adjournment of board meeting???????


sanjay

Hello Experts
I sanjay speaking. I want the resolution for incrase in director's remuneration. Kindly send it on my mail.
thanks and regards
sanjay


G. Sushant
17 December 2010 at 14:51

Sec. 383A _Urgent

Is compounding of offence available under Section 383A? If there is non-complaince in Sec. 383A but Secretarial Complaince Report obtained for the said F.Y. then it requires to do compounding or not?

In February 2008 the paid-up share capital of the Company reached Rs. 2 Crores and in the month of March 2010 the said date the paid up capital of the Company was Rs. 4.95 Crore.

The Company also by its letter in the month of August 2009 has informed the ICSI, WIRC for vacancy of CS. but get it in the month of March 2010.

The SCR obtained for FY 2007-08 & 2008-09. Then what will be the status under the said Section.

Thanks!!


Ramesh Kumar
17 December 2010 at 14:49

Filing of First year of Annual return

Dear Sir
We have formed company on 12/09/2008. when we are filing the form 23ACA, it show the querry that previous year should be less than or equall to company formation date. it does not accept the year 1/4/2007 to 11/09/2008 and current year is 12/09/2008 to 31/03/2009. Please guide if we have to file the form 23ACA or not.
Thank you






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