narendra khandelwal
23 March 2010 at 10:29

amalgamation and merger

in case of amalgamation in nature of purchase all assets of liabilities transfer to purchasing co. this transferree co enjoys the same benefits as availed by transferor co.

let us assume in this process any immovable property transfered to purchasing company.

in land record how the title/patta will be transfered to purchasing company?

is it require registration of land in the name of purchasing co?

if yes how much stamp duty payable for the same?

is there any concession in stamp duty in case of amalgamation and merger.


abvvora
23 March 2010 at 09:45

Appointment of MD

Company is a public company having three directors all are relative of each others. Now out of 3 directors, one director is proposed to be appointed as MD and other two directors as Whole time directors.

Now in terms of section 300, all directors are interested hence it is not possible to pass resolution by board. Hence appointment is directly made by shareholders. For clarification, payment of remu. is within 5 % and 10% of profit as specified under section 309.


But now in form 25C date of board resolution and attachment of board resolutoin are mandatory field.

Pl. guide in the matter.


Amruta
22 March 2010 at 22:33

Body Corporate

How to determine if a body corporate is a public company as per the companies act, 1956. I dnt hve the AOA/ MOA of the Company. How can i determine its status. kindly help.

Thanx,
Amruta


Guest
22 March 2010 at 20:45

Query regarding Revised Form 32.

ABC Limited is filing Form 32 for change in designation to a Director.

Query : Form 32 - Page 3 - Verification I :

Verification I - 1. Mandatory. No Doubt - OK.

Verification I - 2. Not Applicable for change in designation. No Doubt - OK.

Verification I - 3. CLARIFICATION REQD.

Even Without selecting this box, it seems the system is accepting the Form 32 without throwing error.

As the form is for CHANGE IN DESIGNATION, is it still required to give attachment.

Please note that without selection of this, it seems form may be uploaded.

(I am aware, it is mandatory if the form is for appointment)

Whether RoC raise any objection in the absence of attachment, as the company is a limited (unlisted) company.

I shall wait for the response of the experts.


Life is a Race.....CA FINAL
22 March 2010 at 16:45

Depreciation Rates For F.Y. 2009-10

Respected Experts,

What will be the depreciation rates as per THE COMPANIES ACT, 1956 that will be applicable on following assets for F.Y. 2009-10 A.Y. 2010-11

1. Air Conditioners
2. Acqua Guard
3. Computer
4. EPABX
5. FAX
6. Furniture
7. Mobile Phone
8. Printer
9. Cycle
10. Music System

Plz Reply


Dev
22 March 2010 at 12:50

section 372 and 372 A

What is main difference between section 372 and section 372A of Companies Act?


CS Ashish Jain
22 March 2010 at 11:17

Consent letter to act as CS

can anyone send me the draft consent letter to act as a Company Secretary.

My mail id is csashishjain@gmail.com


Anil Kumar Kedia
22 March 2010 at 10:51

Form 24 companies Act

Application in Form 24 is filled to the Central Goverment for increase in the number of directors of the company. My question is that, in this case this form 24 is filled to whom , ROC or Regional direct or some else, I could not understand here the mean of central Goverment. Please reply with detailed. some other matters also reffered to Central Govt. I want to know in case of Company act , Who is central Govt. ROc and RD are sepratly mentioned

Thanks.


CS ashish shrivastava

Please send me details note for listing of corporate debt securities.



Anonymous
21 March 2010 at 14:03

Attatchment in Form 5

Sir,
only alter page of MOA(for increase of Authorised Capital)is sufficient as to attatchment in Form 5 or full MOA is required.






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