when we redeem preference share, an amount equal to the nominal value of shares is transferred from profits or general reserve to Capital reserve. Why is it doing so? but during redemption of debentures , the amount equal is transferred to only general reserve, not to capital reserve?
1) UNDER WHICH SECTION A DIRECTOR CAN NOT TAKE LOAN FROM THE COMPANY IN WHICH HE IS DIRECTOR ?
IS THERE ANY OTHER WAY TO TAKE LOAN FROM THE COMPANY BY DIRECTOR ?
2) WHETHER A DIRECTOR CAN CLAIM COMPENSATION FROM COMPANY FOR VACATION OF HIS OFFICE ?
UNDER WHAT CIRCUMSTANCES ?
3) IN WHICH WAY WE CAN REMOVE THE NON-ROTATIONAL DIRECTOR ?
IS A PRIVATE LIMITED COMPANY IS LIABLE TO FILE DIN 3 TO MCA (ROC) ?
WHAT IS THE MINIMUM AGE FOR BECOMING A DIRECTOR OF
1) PUBLIC COMPANY ?
2) PRIVATE COMAPNY ?
WHEN I TAKE DIN ONE TIME, IN FUTURE WHETHER I HAVE TO PAID ANY FEES TO ANY AUTHORITY FOR HOLDING SUCH DIN?
IN HOW MANY DAYS I HAVE TO BE APPOINTED AS DIRECTOR AFTER OBTAINING SUCH DIN?
IS IT NECESSARY TO BE APPOINTED AS DIRECTOR AFTER OBTAINING DIN?
Hi experts,
I would like to know the statutary implications, if advance for share capital(received in foreign currencies)is not utilised within the specified time frame for the intended purpose and if the delay is over 2years.
Regards
Hello sir,
Can you please tell me that is there any difference between Whole time Director , Executive Director & a director ?
M/s. ABC in a private limited company. Its promoters infused equity capital of Rs. 18.00 lacs. It received subscription from M/s. XYZ LTD Company Rs. 30.00 lacs. Further the subscription is in process and more funds are expected by the end f April 2010. However as on 31st March 2010 total subscription received towards the equity shares is Rs. 48.00 as above. Shares are yet to be allotted. This money will stand as application money pending allotment in the balance sheet. Is there any violation in respect of section 372 of the companies Act?
How to form aPvt Ltd company starting from name till certificate
regards,
Hi Expert!
Plz give me a Board resolution for Calling an EGM for Change in Object Clause of the Company and also a special resolution for it.
Regards,
Saurabh
dear all,
can u pls tell me who has to sign a resolution passed at the meeting of the directors or resolution passed at the meeting of the shareholders. pls give an early reply. if it is the directors then whether one or two.
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what is the need of capital reserve during redemption