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?

A pvt ltd. co has total 7400 shares of Rs. 100 each.There are 4 shareholders holding 1850 nos shares i.e. @ 25% each.The board consists of only two share holders. The other two share holders are not in the board.
Now, the board is willing to appoint 3 new directors( Who are not the shareholders of the co. ) in the board according to their choice. The Articles provides that a director must hold at least 10 shares as his qualification shares.
The board therefore is willing to issue 300 new shares and to allott the same to the new directors as their qualification shares.
My question is in case of pvt ltd co. can the newly issued shares can directly be allotted to a non-member without offerring the same to the existing share holders?

Actually the the game plan of the present board is in this way they will make 3 non members the members of the company and then they will tyransfer their shares to these 3 persons. They are doing this because One of the existing sharholder is willing to purchase the shares of the co. but the present directord are not willing to sell him their shares.
My second question is how the share holder who is willing to purchase the shares of the co. if any one is willing to sell his stake, can protect his rights and become the major shareholder/ director of the co.?

For pvt ltd company, which issues Fully and Compulsorily convertible Debetures,(convertible in to fully paid equity shares)whether these debetures are grouped under equity capital or a secured loans in Balance sheet?

We have filled form 32 for appointment of new director into private limited company with ordinary resolution . In the form 32 we have mentioned that he is director of the private limited. Does this form 32 has any problem or , do we need to conduct EGM for the same to ratify that he is additional director. Please suugest.

Please inform about the procedure for incorporation of section 25 company. Please it is urgent..

Will Form 25C applicable for revision in terms of remuneration of Chairman of the Company for which the Remuneration Agreement entered between the Company & Chairman.

As after going through the Form 25C it mention in point no 4 as only designation for Manager/WTD/MD only.

Will here Form 25C applicable?

Kindly revert.

Thanks!!

It mean "Chairman" deemed to be WTD in case of filing the Form 25C?