Hi all,

Please clarify whether loan taken from the person who is director as well as member of Public Company can be termed as Depoit???

It is compulsory to pay stamp duty on share certificate? if yes then under which section is mandatory?

what the consequenses of non payment of stamp duty on share certificate?

A Pvt Ltd Co. was incorporated in August 2009 with paid up share capital of Rs 1 lac. What is the last date for actually contributing this amount by promoters?

hello Experts,

I need to prepare an Agreement for appointment of managing director.

as it is required to execute on Indian non judicial stamp paper, what is the rate of stam duty?
i mean how much amount of stamp paper is needed?
And where in the Indian Stamp Act, mentioned it?

pls reply

A Ltd. is a government company which has declared the dividend on its 4% Cumulative Preference Shares in the AGM held on 09/03/2010 and diposited the dividend amount in the dividend A/c on 14/03/2010 (within 5 days from declaration). On 16/03/2010 company received a letter form the Central Government directing the company not to pay any dividend to the shareholders because Central and State Government is providing grants to the Company for specific purposes.

Considering the directions of the C.G. Board of Directors in there meetind held on 22/03/2010 decided to write a letter to CG mentioning the fact that company has already declared the divided and it is bound to pay dividend within 30 days from the date of declaration.

Board of directors also decided not to pay dividend untill the further clarification of CG in this regard.

Now my question is (it is very unlikely to receive the clarification before the expiry of 30 days) in such situation after the expiry of 30 days whether compnay should hold the dividend amount in the dividend account or it should be transferred to the unpaid dividend account.

Please also advise me whether the decision of Board of Directors to hold the payment of dividend is correct.

dear all,

how many directors have to sign the bs and directors report of a pvt ltd co. i am asking this because i have seen that the bs of a co are signed by only one director upto 2006 and thereafter by 2 directors. was the act amended or it is always to be signed by 2 directors.

Dear Sir/Madam,

A Ltd has 1,2 & 3 as directors.

B Private Ltd has 1 & 6 as directors.


Who among 1,2,3 and 6 should make Sec 274(1)(g)declaration?

Kindly clarify.

Regards,
Vignesh.J

Dear Sir,
Thank you very much for your answar. As per your suggation i will contact my bank, but they give letter that indcate bank cannot receive back any payment form ROC.
As per bank point of view firstly payment return back form ROC than credited to my A/c.
ROC says that he received two payments from bank but at second time payment is marked as duplicate but bank cannot received any instruction regarding this.

what is the normal time limit for filing ROC annual return( form 20B, 23ACA & 23AC)

The shares in new Company is subscribed by foreigner, majority of shares subscribe by him and other two subscribers are Indian and they are director, remaining shares subscribed by director.So witness who has signed the MOA is Indian professional. I have doubt whether Indian professional can sign for all subscriber or not.