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Anonymous
09 November 2010 at 15:58

Increase in Authorised Capital

Please tell me in detailsthe procedure for increase in the Authorised Capital of a Company.

Thnaks


udit sharma
09 November 2010 at 14:27

Executive v. Non Executive Director

Can some one please provide me a file showing gud differences between Executive and Non Executive Director???????


CS Abhilasha Pandey
09 November 2010 at 12:49

Insurance broking

Hi friends,

There is a company say ABC Pvt. Ltd., its main object is to provide financial services and many other object clauses(56).
Now we have to change the name of company to ABC Insurance Broking Pvt. Ltd. and object clause also.

My question is can we change the main object clause of this company to a single sentence i.e."To provide insurance broking services " only and delete all other earlier main object and ancill. objects(56)
from MOA.

Regards,
Abhilasha Pandey



Anonymous
09 November 2010 at 12:04

Pledging of Shares

Company "A" invested in company "B" and Company "B" invested in a Partnership firm "C". "C" has shares in Company "B". "C" has taken loan from "B" by giving its shares as security. Now "C" is in default.
My doubt goes this way:
1) Can a share holder pledge his shares against the loan issued to him by the company?
2) If yes, can the company forfeit the shares(Fully paid up)if the Shareholder is default?
3) If yes, can it reissue the shares to Company "A"?



Anonymous
09 November 2010 at 10:21

RETURN OF ALLOTMENT

Is It Compulsory For A Private Limited Company To File Return of Allotment of Shares in Form No. 2? If Yes When It Should Be Filed i.e. Time Limit From Allotment. What Are The Consequences For Not Filing.


Mahesh Bansal
09 November 2010 at 09:51

Urgent query on transfer of shares

Dear All,

Under what conditions a 100% subsidiary (pvt ltd company) of a Foreign company would require lenders/creditors prior approval for change in its shareholding pattern?

Example:
XYZ Pte Ltd, a foreign company holds 100% share of ABC Pvt Ltd, an Indian company. Now it wants to transfer some of its shareholding in ABC Pvt Ltd. Under what circumstances it requires an approval from the lenders of ABC Pvt Ltd?

Pls provide the relevent section.

Rgds
Mahesh


HAPPY JINDAL
08 November 2010 at 17:30

satisfication of charge

dear sir, a company is registered the charge on form-8 on 29.03.2004, due to old form-8, we have not charge ID, NOW company wants to satisfy the charge by filing form - 17, but in form -17, filing of charge id is compulsory, i want to know how to fill the form -17 for satisfiaction of charge, plz reply sir


meena
08 November 2010 at 16:58

reserve & surplus

can an investment be written off from reserve & surplus if nothing is recoverable from such investment?



Anonymous
08 November 2010 at 15:41

Special resolution

Can an ordinary resolution be passed at an EGM?Or are all resolutions passed at EGM'S special resolutions requiring Form 23 to be filed?


udit sharma
08 November 2010 at 15:26

Section 224 of the Companies Act, 1956

Any casual vacancy in the office of the Statutory Auditors of the Company caused otherwise than due to resignation of the Statutory Auditors can be filled by the Board of Directors and such Statutory Auditors will hold the office as such till the date of next Annual General Meeting. Now, whether the Statutory Auditor appointed to fill in the casual vacancy is required to file Form 23B with the Registrar? Section 224(1A) pertains to appointment of Statutory Auditor at the Annual General Meeting and not otherwise? If yes, whether we have to intimate the Auditors so appointed within 7 days of the Board Meeting and all the provisions of section 224(1A) will be applicable in case of appointment of Auditor appointed under section 224(6) of the Act?






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