Is it compulsory for every public limited company to be listed in a stock exchange.Sir please reply

There is a Public Limited (Closely held) Company having paid up capital as Rs.10,77,200
Profit as on (Opening) 01/04/2009 – Rs. 58,00,000
Profit as on 25/03/2010 – Rs.1,25,00,000 (After providing for depreciation)
The Company has not declared any dividend in previous years.

The Directors want to declare an interim dividend of Rs.105 per share (as against a share of Rs. 10/- ).

1. Can they declare such a huge amount as interim Dividend after transferring 10% of profit to General Reserve?
2. After declaration of dividend if Directors default in its payment of interim dividend, then what are the consequences?
3. Can Company pay dividend tax out of previous years profit? (Interim Dividend should not be declared out of reserves – as per secretarial standards.)

If a private Co. owns 51% in a Public Co., hw will it be treated?? will it be treated as a public co.??

Dear Sir/ma'am

The Facts are as follows:

Company A (Indian Company) is subsidiary of B Company (Foreign Company).
A co. has many Companies as group Companies.
B Co has appointed a delegate in India to supervise A Company and A Company's group Companies ( Entire Indian operations). That delegate is appointed as the Chairman for A Company and its group Companies. All the Companies are Public companies.

Query:

1) A Company wants to lend money to its group companies. Will the Section 295(1)(e) of Companies Act 1956 be applicable in this situation?? please help me with case laws.

Thank You.
Regards

i)formation process of public unlisted company?
ii)working difference in pvt ltd company and public unlisted company?

Dear Friends

i need advice on formalities to be follwed whed two US citizens are subscribing to shares. who are all has to attest signing sheets of AOA and MOA in USA

Fact of case :

1. Company is under Incorporation process..

2. A land is to be purchased & registry of that Land will be in the name of the proposed company.

3. Payment for purchase of Land is being made by the Promoters of the Company in THEIR OWN A/C (Personal Saving Account of Promoter)

4. Thus, Land is RECEIVED by the company against the payment by the promoter.. So, the Company will ALLOT SHARE FOR CONSIDERATION OTHERTHAN CASH (after incorporation) to those promoters who paid for the land.

Query on above :

1. Is it in order ?

2. If yes, then which documents / agreements has to be executed? n also provide the formate of the same.

3. If No, then what is wrong points in this procedure ? & whether the route of ratification of pre-incorporation contract wid third parties can be adopted in above case?

4. If the route of ratification of pre-incorporation contract wid third parties can be adopted in above case, then please tell me the steps for the same & also the format of pre-incorporation contract......

After filing a eform and selected option of offline challan but before saving a copy net got disconnected and couldnt take a copy. also didnt note SRN no. how to get a copy of the offline challan once the form is efiled?

Dear Ankur & Dear Experts,

I am in process of incorporating company called Wholly Owned Subsidiary for Foreign Company.Foreign Company A and Foreign Company B are intial subscribers.I wanted your veiws can Foreign Company namely A and B can sign the subscribers sheet through person who is here in India or not.

Thanks & BR,
RK

Kindly provide me the procedure to issue the duplicate share certificate in case of unlisted public company.

kindly also provide me the draft indemnity bond or affidavite to be provided by the sharehloder.

my mail id is csashishjain@gmail.com