Hi..

could any one tell me, is there any requirement to file physical documents with ROC in case of change in boject clause??

Best Regards

Dear Sir,

Is CARO reporting required for companies involved in consultancy and advisory companies.
Basicaaly the company belongs to service industry.

Regards,
Hardik M Thakkar.

Dear Experts,

Query in Form 20B.


ABC Ltd is adopting the financial year Jan – Dec.

20.05.10 - Company had AGM.

03.06.10 - Company filed Form 32 for ‘A’ (for change in designation to Director).

11.06.10 - Company filed Form 23AC and Form 23ACA.

25.06.10 – Company filed Form 32 for ‘A’ due to his resignation. RoC approval is awaited.

29.06.10 – Company is now to file Form 20B.

Query

1. Whether the company should include ‘A’ in Form 20B - IV. Details of directors(s), Managing Director, manager and secretary as on the date of AGM
or latest due date thereof

or

2. Whether the company should include ‘A’ in Form 20B - V. Details of director(s), Managing Director, manager and secretary who ceased to be associated with the company since the date of last AGM

Though I feel Sl. No.1 must be correct by considering ‘as on the date of AGM’, I still would like the Experts to confirm my understanding to proceed on the matter.

Dear Frds,
There is a pvt company who like to sell its substantial fixed Asset and like to discontinue the operation without dissolving the company and the asset will be sold to firm in which director are interested and the consideration for the sale of asset will be paid in installment in future. Now my question is whether the management can do it simply by passing resolution in board meeting or will require to take permission from registrar alongwith any other compliance.

Transfer of shares in a private company is governed by AOA. Some steps followed by a private company to give effect to the transfer of shares are as follows:—



(i) Transferor should give a notice in writing to the company for his intention to transfer his share.

(ii) The company in turn notify to other members as regards the availability of shares and the price at which such share would be available to them along with the time limit within which they should communicate their option to purchase shares on transfer.

(iii) Such price is generally determined by the directors or the auditors of the company.



Now my question is, If more than one members comes forward to purchase shares then in what proportion the shares can be transferred to them ?

Can any one of u please suggest which resolution has to be pass in the fallowing case? where the moneys to be borrowed, together with the moneys already borrowed by the company (apart from temporary loans obtained from the company' s bankers in the ordinary course of business), will exceed the aggregate of the paid- up capital of the company and its free reserves, that is to say, reserves not set apart for any specific purpose; plz help me out in this situation

What is the time period within which shares should be alloted to subscribers to Memorandom of Association

Sir,

It mean Form 25C to be file in case of Chairman assuming that he is WTD of the Company?

Dear all,
in director's report there is a point about details of employees who are having salary of Rs. 200000/- pm or more.

My question is, what is included in this term salary, means what to include or what not???

pls respond as soon as possible.


regards,
Nitin

Can we show loans from directors in the books?to what extent?