Hi Sirs,

I am working in a pvt ltd software company.Our two director are NRIs and one is resident Indian)(just sleeping director). company operate from USA and now the Nri directors want to get app Rs.10 crore in Usa from India.There is sufficient reserve and surplus. Whether the company can transfer money to usa.We make sale only to usa company in which both nri director holds 100 % shareholding and against sale we have received excessive amount app rs.4.50 crore during several years. Can we payback this amount by selling of our investments or by any other mode.

Thanks in advance

Dear Experts,

Please let me know what is the procedure to appoint Ist Auditor in the General Meeting( i.e in EGM).

Thanks & Regards

Sir/Madam

What are the ceilings on public fixed deposits & rates of interest by a private company?

What are the consequences for delay in repayment of Interest/Principal?

Can a director of Private company use the designation of Managing Director without filing the form 32 with respect to change in designation?

is it necessary that directors hold meeting before the date of AGM for approving the bs and signing the directors report. can this be done on the date of agm before presenting it to the shareholders.i.e are dt of approving a/cs by directors and dt. of agm the same.

How many AGM and Board meeting as per company low in a year, pls details me.

One of the private company, which is also a joint venture comany, due to disputes between them..both the Jv group have stated finding out the law loopholes occured till date in the company n in dat they have found some minutes which were held without the enough quorum..now one of them want to ractify this mistake as other Jv group wants it to clear else they might want to go to legal things...which is not at all in the interest of the company..so my query is

is there any other leagl way of retifying or reaching to a agreeable solution to this?

Can a Private limited company can give loan or advane to its Director or his Proprietorship Firm. Paid Up Capital 10 Lakhs, Reserve & Surplus (Premium) 100 lakh, Willing to Provide loan or advance of 50 Lakh to its Director or his proprietorship firm for 1 year period. Let me make it clear that the company does not have accumulated profit and do have reserve & surplus from share premium. Will that be taken as deemed dividend

dear all

i want to know that wich are the resolution wich requires special notice ?

and by whom special notice shud be send to company?

plz, reply me as soon as possible.

Hi. what is the procedure for allotment of shares in Limited Company not Private Limited. Moreover do we need to file form 23 in this case to MCA.


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