can any body draft board resolution for change in designation , with the following information
1)it is private limited company
2)MD expired on 25th october
3)at present there are 3 directors
4)To appoint one Whole time Director( whose age if 76 year as on date) as Managing director W.E.F. 27th october only
5)if compulsory then mention appoitment period
6)mention the date of passing the resolution

while passing a resolution is it compulsory to mention the period of service and whether MD can not be appointed permanantly

can any body help me in drafting a resolution for transmission of share to MD of the company

Transmission is being done because of death of the earlier MD

sir i have filed form 1a and the name has been approved and i have not got any mail or letter from ROC regarding this. i checked through mca website about it's approval and filed form 1. as now i have to send the documents to ROC which includes that letter can you please let me know how can i trace that letter in MCA's website. i have an registered user account in MCA website

for example: a private limited company's managing director died on 25 mar and company called a meeting on 30 mar to appoint other whole time director to the post of managing director W.E.F from 27th march then
1)what should be the date of dispatch in this case
2)the dating sequence done for this purpose is it correct if not what should the
a)date of dispatch of notice
b)date of passing resolution
c)from which date the new MD be appoited

without changing date on which the MD died that is 25th march

please clarify

if there is a change in address of private company's interstate branch office then we have file any return to concerned ROC . if yes what is the procedure

whole Time director of private limited company can be appointed as managing director if his/her age is 76 if yes what is the procedure like a) passing special resolution or some other please mention

Dear Members

My client is a Pvt ltd company who wants to issue ESOPs in form of equity shares of company to its Key employees, it has plan to go public in next 3 years, which would be the exit route for these ESOP's.

My question is that instead of transferring these shares directly to employees , can we make a trust for these shares and the key employees as its trusties or is there any other way where ESOP's can be issued to the key employees ???

Dear friends and seniors,

Please guide me on the following issue:

In an unlisted public company in FY 2008-09 there were 3 directors out of them 2 directors retired by rotation and reappointed in the AGM for FY 2008-09. In FY 2009-10 3 additional directors were appointed who will be regularised in this years (i.e. FY 2009-10) AGM.

As per section 256 of the Companies Act, 1956 1/3 of the total strength of the directors in every AGM. Now only 1 director is avilable out of Old directors for Retirement by rotation in this years AGM.

Please guide me on the above case.

Regards,

Nikhil D.

One of my client is having following share capital:
Authorised capital: 10,00,000 equity shares of Rs 10 each = RS. 1 crore and 15,00,000 Preference share of Rs. 10 each = Rs. 1.5 crore total authorised capital is 2.5 crore.
Paid up captal as on 31.3.2010 is 10,00,000 eq. shares of Rs 10 each = Rs. 1 crore.

They wants to issue bonus share 1:1 i.e.10,00,000 eq. share Rs. 1 crore.

Whether authorised capital is required to increased ? or Preference share as redem in 2009 and no intention to issue in future the authorised capital can be adjusted and no more to increased.

also procedure if the same can be adjusted