Hello friedns

I need ur opinion on the following matter :

A listed company has invested in a partnership firm as a partner. The capital account of the Company in the books of the Firm shows an overdrawn balance as at the date of balance sheet of the Company.
What would be the appropriate disclosure in the Company's balance sheet as per Sch VI?

private limited company has two directors.

on 23-10-2009 one director is died.

the existing director want to appoint another person as director who get din on 6-3-2010.

now question are

1) whether second proposed director can be appointed as director on 23-10-2009 when he has no din but on 17-3-2010 at filing roc form 32 he has din?

2) on what date the second director should be appointed?

3) how many days are allowed for appointment of second direcotr when there is only one direcotr?

4) within how many days i have to filed roc form 32 after appointment of director?

Hi,
Can any body through some light on "How much will be the approx cost (Consultancy and other expenses)for merger process of a 100% subsidiary private company??": thanks & regards: Saida

Dear all,
i want to no. a resolution for sanctioning powers to a director to sign roc forms. but i do not understand what no. to give since the co. has not passed any resolutios from dt of incorporation. can i give any no. or what will be the basic resolutions passed on incorporation. so that i can pass those resolutios and then give resolution the no. in order. pls guide me at the earliest.

Dear Sir/ Madam

A, a private co. has demerged and B, a new pvt co. was formed to takeover one of the two divisions of A. As per the Scheme of Arrangement a share exchange ratio ratio of 1:1 was worked out. Now the Court's final order approving the Scheme is passed.

My query is that whether the Company B needs to file Form 2? i mean the allotment is as per the Scheme so is it neccessary to file Form 2? The clause as appearing in the Scheme is reproduced below for your perusal.

"Upon the Scheme becoming operative and the transfer and vesting of DIVISION - I taking place pursuant to Clause 1 hereof, in consideration of such transfer, COMPANY B shall, without further application and issue, allot to every Equity shareholder of COMPANY A, as on record date to be fixed in consultation with COMPANY A, 1 (One) Equity Share of Rs.100/- in COMPANY B, credited as fully paid up for every 1 (One) Equity Share of Rs.100/- fully paid-up held by him/her in COMPANY A."


P.S. - NAMES OF COMPANY EDITED

Dear all,
for how many days the register of members and share tranfer books are to be closed and from which date.

There are 4 Pvt Ltd Cos with same directors. Out of this, one company is doing full fledged operations. The other 3 cos have not yet commenced operations since their incorporation. Is it possible to merge these 3 companies into the first company and if yes, then in what way this can be done as per Companies Act.

Dear All,

I would like to know the details and impact for non filing of charges created in the year 1989. Also would like to know whats the consequence and what shall be done now with respect to it.

Regards
Jeeth

A closely held public Company, has accepted the deposit in year 2000 and continue to hold the same till date.

Kindly guide how we can complie with the Section 58A w.e.f. 2000.

What will be penalty for such non compliance

Our company has not filed Balance sheet for continous period of 5 years. Now we want to voluntarily file a petition with CLB for condonation of delay u/s 621 .

Do we have to file petition for all 5 yrs separately or 1 petition for all 5 yrs would be enough?