DARSHAN
08 June 2010 at 18:39

LOAN TO DIRECTOR

COMPANY HAS GIVEN A LOAN TO DIRECTOR OF Rs.500000/- AS ON 5-3-10 AND DIRECTOR ALSO PAID IT AS ON 28-03-10 THERE IS NO OUTSTANDING BALANCE AS ON 31-03-10 WHETHER AUSITOR IS REQUIRED TO DISCLOSED IT IN THE CARO REPORT.


sanjay srivastava
08 June 2010 at 17:11

DOCUMENT FILING

Dear Sir

Plase answer the follwing query

my company was a private company in 2006 but i convert it into public company in 2008 and now i want to appoint MD since 2007 then document and MD concent will be in the name of Private company or public company, leeter head of public company or private company?



Anonymous
08 June 2010 at 16:53

fixed asset written off

In case fixed asset carrying small WDV value is written off during the year whether depreciation can be provided upto the date of writing off under the companies act,1956.



Anonymous
08 June 2010 at 15:31

Company Name contain word INDIA

whether a private company with 1 lac authorized captial can contain in his name Word "India (P) limited"...???? will MCA give approval proposed name containing Word XYZ Consltancy India (P) ltd...?


manmohan
08 June 2010 at 13:50

application money

if ltd company have recived subsequent application money to other company and the company is not issue share then what refund provision is apply and how many days in which refund in process.



Anonymous
08 June 2010 at 11:41

DEPRECIATION

WHAT IS THE MAXIMUM % OF DEPRECITAION ALLOWED FOR AN ASSET UNDER THE COMPANIES ACT, 1956 DURING ITS LIFE TIME.
PLS... ADVICE


puneet pandey

Dear Sir,
X Pvt. Ltd. got converted to X ltd in the year 1974...... in the year 1975 they bought a property in the name of X pvt. Ltd...... now they want to sell it....... is it possible? how? what procedure must be followed?
Most urgent........ an early and earnest reply is very much appreciated.......
thanx in advance..


CS Ashish Jain
07 June 2010 at 22:50

resignation of company secretary

A person who was working as a Company Secretary in a public company resigned from the job 2 months back but due to some disputes between the management and CS company has not filed the form 32 for his resignation.

Now he has joined the another company and wants file form 32 for his new appointment. my question is whether he can file the F-32 for his new appointment since the F-32 is not yet filed for his cessation from the old company.

if it is not possible to file F-32 for new appointment than what options are availble for the cs if old company not ready to file F-32 for his cessation.



Anonymous
07 June 2010 at 17:20

Subscribers to the Memorandum

Can we have one more person(along with the other two promoters) as the subcriber to the memorandum while incorporting the Company, who was not the promoter at the time of filing the Form 1A ?


Muralidharan
07 June 2010 at 15:08

Qualification Shares

XYZ Private Limited had approached TIIC (a govt of tamilnadu financial institution) for term loan and same has been sanctioned.

One of the condition imposed by TIIC is the Articles of Association has to be amended in such a manner that the "Directors of the company should hold Qualification Shares".

There are three directors in the company
(1) Promoter Director is holding substantial holding in the company
(2) Other two directors are already holding 100 shares each.

My query is as follows:

Can we amend the articles for the directors to hold qualification shares of not less than Rs.1000/- (100 shares of Rs.10/- each)

Is it enough if they hold 100 shares of Rs.10/- each or Should they hold 500 shares of Rs.10/- each aggregating to Rs.5000/- (Section 270 prescribes Rs.5000/- as qualification shares)

Please clarify

Muralidharan






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