Dear Sir,
Mr. X is the Managing director of XYZ Pvt Ltd co. Mr. X owns a flat.

The company intends to take the flat owned by Mr. X on lease for rent of Rs. 25,000 per month and give it to Mr. X himself as Rent free accommodation. Is this valid?

If valid , is the company liable to deduct TDS on lease rent.

Please clarify,

Thanking you,

FROM,

V. Prasad.

Dear Experts

Please inform whether all the directors can be corporates in a company or atleast any one/two of directors has to be individual.

A pvt. Co. is issuing bonus shares. I would like to know whether such share certificates would be any different from regular certificates. Should the words 'Bonus Shares' or some such phrase be printed on the share certificates?

Thanks in advance

What are the provision lay down under section 297(1) of the Companies Act?

What limit is specified u/s 224(1B) and What are excluded their from?>

In case of a newly incorporated Pvt. Ltd. company three directors (subscriber to the memorandum) were appointed as first directors of the company.

My question is that, whether such directors are required to be reappointed in the first AGM of the company or they will continue to hold the office untill they vacate the office due to the resignation or some other reasons. As the section 255 is not applicable on private company.

Hello Experts
I am sanjay speaking. I want an advise. The Pvt Ltd Company wants to add one new shareholder. What will be procedure to be followed for the same?
The point is: If one shareholder of the company sell 2500 shares held by him and HUF purchases for consideration of Rs25000/-.
Is it required by the co to pass the resolution in its meeting for transfer of shares?
Kindly help and send the specimen of resolution to be passed.
It is urgent
thanks and regards
sanjay

Ours is a Pvt Ltd. company. We have taken extension for holding AGM. Now, we will conduct Board Meeting in November 15 for approval of accounts etc and we are planning to conduct AGM on the same day or next day (as there are foreign investors). It is not a problem for us to take the shorter notice consent from shareholders.
Now, my questions are
1. whether is proper way to conduct the AGM?
2.Date on Accounts, DR, AR, AGM Notice can be the same?

Dear All,

Can anyone please mail me a soft copy of the SEBI(ICDR) Guidelines 2009 as amended up to date. (urgent)Email Id given below:

binita.bhattacharya@yahoo.co.in

A PRIVATE CO. HAS BEEN INCORPORATED ON 04.12.2008 THEN PLEASE TELL ME TILL WHEN CAN WE HOLD OUR AGM AND THE PERIOD OF FINANCIAL YEAR AND COMPANY HAS NOT DONE ANY WORK IN THE YEAR 2008-09 AND HAS NOT FILED ANY INCOME TAX RETURN?