Anonymous

Dear All,

A public listed co wants to pay commission to its chairman 1 No. and Managing Directors 2 No.s...Whats the maximum percentage allowed as per Co's Ac? Also please let me know the additions and deductions for computing net profit as per Sec 349 and 350 of Co's Act.

Also as per Sec 198 of the Act is there any restriction that Commission paid must not exceed 2%

Thanks


KISHORE KUMAR MNS

I am interested to know whether a Pvt Company can grant loan to another pvt company or firm or to a director,
if the answer is yes is there exists any limit


Arijeet Das
27 May 2010 at 17:17

AGM of Private Company

Dear Experts,
Is it compulsory to hold AGM in case of Private ltd. Company?

Further I also request you to guide me that what r the other provision in company law applicable to pvt. ltd. company which are related with the finalization of accounts?

thank u


Saurabh Jindal

Hi Experts!

Plz provide me a resolution for appointing an Authorised Signatory for signing all papers of the Company?

Urgent!

Regards,

Thanks in advance



Anonymous

please help

with the main object of import export company



Anonymous
27 May 2010 at 14:04

register u/s 301

what is register u/s 301?

is this is related party tansection register to be maintained by the company.

how it is useful in audit of the listed company?

please reply as soon as possible.


Vignesh
27 May 2010 at 13:45

Stamp duty on Share Transfer

Dear Sir/madam,

Stamp duty for market value of Rs.1000/- OR PART THEREOF is 25 paise.

What will be stamp duty for :

MV of Rs.1250/- = ?

MV of Rs.1500/- = ?

MV of Rs.1850/- = ?

Kindly claify.

Regards,
Vignesh.J

P.S. - Real Query being What does PART THEREOF signify?


sohail
27 May 2010 at 12:45

liquidation

my client is having private limited company having a share c/p of Rs.2500000 on liabilities side and on asset side a loss of Rs.2254020 & other exp of rs 245980 is there as on 31/03/2010. now he want close the company. there 2 directors in comapny. i wanted to know the following points

1)what will be the frist step to liquidate
2)if company having any charge then after filling form 17 what will be the next step

3)any other things we should take care of with out geting penalty


shital

Dear ALl,

please forward me one draft letter to be send to the shareholders of one Ltd Company stating that since the Company is overburdened with loans and losses, Directors of the Company are proposing to sell of the Company to a buyer who intend to purchase the shares provided 95% is in his name. Directors believes that Company cannot wipe off this losses for next 5 years also. hence it is beneficial for shareholders to sell off their shares for 5% of its value rather than gaining nothing due to liquidation of the Company.

i am in urgent need of draft letter for the same and beg your help to draft the same.

if anybody has experienced or anybody has draft of such types of letters to shareholders please share it with me also.

eagerly waiting for your help...

regards,
Shital


shital

Dear All,
please suggest me good solution for this:
Authorised Share Capital of the Company is Rs. 500000 ( 50000 Equity shares of Rs. 10/- each)
ABC Pvt Limited shareholding pattern:
Mr. A: 500
Mr. B: 500
M/s PQR Private Limited: 4500
M/s ST Private Limited:4500

we want to increase the share capital of the company upto ____ shares so that PQR Pvt Ltd shareholding remains 5% 0r below but other shareholders shareholding increases correspondingly.

please suggest one good method.
wht if i undergo throuh 81(1A) method?

waiting for your expert opinions.....

regards,

Shital






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