One of the Director of the company purchased a property at very high rate.
Now what actions company can initiate against that director under the Companies Act, 1956

Dear member,

My query is can during the conversion of private company into public company, can the private company can issue share or debentures.

please suggest me the authority for reference.

thanks and regards.

I wana to know weather Inter Corporate Deposits will be considered for calculating capital base of the company for schedule 13. ie calculation for managerial remuneration.
weather loan from group companies will be considered also.

Could any one send me over a Template of Goodwill Agreement.

In one company, relating to FY 2009-10, right issue made on 23.3.2010,fully subscribed, capital increased by right isuue, then on 23.05.2011 preferencial allotment made , further share capital increased. My question is on what capitl amount dividend declared/proposed by the director payable? and we provide dividend proposed in the balance sheet on the basis of management representation,what if it will not approved in AGM.Pls guide me on this matter.

Unsecured Debentures worth Rs. 15 crores issued at a 4 times premium ( Total 75 Crores ). The registered office of the company is in Uttarakhand.

What shall be the amount of Stamp DUty to be paid?

I want to modify main objects of the company. I want to add resolution so that company can do the trading of shares. Can some one prvoide me with Board Resolution?


Thanking you in advance.

Form 2(Return of allotment) is filed with an error-date of allotment was 26th May, 2010 while the same was wrongly written as 25th May, 2010.

the same form is also approved by the ROC.

what remedies are available now? Can a revised form2 be filed ?

Four members were started a pvt ltd company in the year 2000 after 15 days they have closed the company in between there is no transaction for the said company. Now they are planning to close the company with Easy Exit Scheme.

Please let me know the details

As per some of study done by me I have a view that an Individual cannot be appointed as a whole-time director of two company at a same time. And in our case MR P is already a WTD in two Company ie., A LTD & B PVT LTD and know Further, it is propose to Appoint MR.R as WTD in B PVT LTD who is already a WTD in A LTD. I have a doubt that we are not in a lawful compliance of Companies Act, 1956 relating to appointment of MR R as WTD in B PVT LTD. FURTHER A LTD & B PVT LTD as holding subsidiary relation. u can also view point (d) of schedule XIII PART I.
PLS REPLY