ABC pvt ltd has two member board.However only one director wants complete control over the functioning of the company.For this purpose he got himself declared as MD in a board meeting resolution .However he is not very keen to follow company laws and hardly pay heed to the advice of second director.Now he wants to become Chairman as well and presurising the second director to sign the resolution.No board meetings books are being maitained.My question is "what could be his motives behind getting declared as Chairman."Kindly suggest how to restrain him .

unlisted co. merge with listed co. high court has passed order...what will be the next step for functioning of company??? what will be the step to get shares of unlisted com, get listed after said merger order??

A public limited company has taken approval of the central government for appoitnment of whole time director for the period 1st April, 2009 to 31st March, 2014.

However now the company wants to change the designation to Managing Director.

Pls advice with respect to the procedure tp be followed and the forms to be filed.

If public limited company having more than 50 shareholders is converted into private limited company. What will be the remedy for limiting the no. of shareholders as 50 after converting. whether after conversion members may be more than 50 with the approval of CLB etc.

Dear sir,

We want to issue new shares in lieu of old one but the condition is that in order to make lot maketable we want big lot and want to issue new distictive number.

The board resolution is needed. But what are the procedures required.

What is the maximum period for a company to call for share allotment money ?

Is there any minimum or maximum period allowed in the law fall calling money which is unpaid from allotment is done?

Dear Sirs/ Madam,
Please kindly let me know what are the legal documents to be made for a salary advance made for Rs. 2,00,000/-

my query is regarding the removal of a company auditor before the expiry of his term.
please offer your views regarding the procedural compliance about this matter as soon as possible.
is it possible to remove the company statutory auditor before the expiry of his term and what will be the compliances to be made.

Please tell me the procedure to shut down the company under EES-2010

Dear all,

Please tell me whether there is any limit for a private limited company to accept a loan from a director,shareholder/friends

Thanks & Regards
Nagamani