Hello Experts
I am working in a pvt ltd co. I want to know that: one shareholder want to sell the shares. What will be the procedure? Kindly send the proforma of letter and the board resolution to be passed at the meeting of B.O.D. I am not able to trace the resolution .
Kindly help me and send me the proforma at my e-mail address: budhiraja.sanjay @rediffmail.com
thanks and regards
sanjay

A private limited company has earlier issued its share of Face Value Rs10 at a premium of Rs 90/-.
In six months time it wants to buy back its share. at what price it should be bought back i.e. at premium or face value or it could be done at a lower or higher rate?

Dear Sir,

According to the audited financials of 31st Mar 2010, a company is having free cap reserve of say Rs.1cr and as per the unaudited financials of 30th Sep 2010 the company is having cap res of Rs.1.5 crore. Now the company is going for a bonus issue in November and my query is, whether the company can issue bonus for the cap res according to the audited fin of 31st MAr 2010 or whether it can issue bonus for the cap res as per the unaudited fin of 30th Sep 2010.

More specifically:
1. what should be the Bal Sheet date for rekoning the reserves.
2. Is it necessary that reserves shall be as per the audited Bal sheet.

Kindly Advice..

helo...
can aneone tel me the whole procedure for name change and object change in case of a private company.

DEar members

Kindly clarify me on the following:

A private limted co. has got only two foreign directors and the comapny wants to hold its first AGM. But the foreign directors are not in a position to come to India now.
1) CAn appoint 2 alternate directors in their place?
2) will the presence of 2 alternate directors at the AGM constitute the valid quorum.
3) If so, who should sign the minutes of the meeting?

thanks

Dear Experts,

Thanks a lot for your prompt responses to my queries which bids me to keep on coming up with more.

Can anyone refer any specific companies rules, section or schedules related to the Cos. Act where I can get detailed literature on rules for engraving companies name and address on its name plate.

Can one private company give loan to other private company...i know 372A is applicable to only to the public company..

kindly suggest

Is consolidation of subsidiary a/c with holding company a/c a legal requirement?

Is there any provision in the companies act related to consolidation of financial statement of holding and its sibsidiary(ies)?

Whether holding company which is private limited company are required to prepare consolidated financial statement of their susidiary(ies)?

Brijesh.

Please send me the draft of board resolution for NBFC for not accepting the public deposit

Thanks & regards
Ujwala
Mail Id : Ujwalajuwatkar@rediffmail.com

Dear all, our Public comapany having only 7 members and paid-up capital of rs.7Lakh divided in share rs.10 each. authorised Capital Rs. 50Lakh.
now we want to allot additional shares of rs. 40Lakh.
whether these all additional shares can be issued to a particular member among of seven? advise in brief