hello friends,

I have some problem regarding drafting of minutes. Please tell if there is any logic in it as per Secretarial Standards.

-- Firstly I drafted agenda of Board meeting and in agenda i wrote as follow:-

1 TO CONSIDER APPOINTMENT OF SHRI X AS AN ADDITIONAL DIRECTOR

-- Now at the time of drafting minute I used same heading in minutes, as previously done

1 TO CONSIDER APPOINTMENT OF SHRI X AS AN ADDITIONAL DIRECTOR

But one of my senior argued with me that it should be in past tense and it should be as under:

1 Board Considered Appointment of Shri X As An Additional Director.

Hi Experts

can you pls provide me the "Board resolution of corporate guarantee"

my company have to give CG to its costomer and as such the limit is not exceeding so only Board resolution is required.

pls its urgent

A private limited company has been incorporated on 24th Sept 2008. By which date should the first AGM be held and by which date should Form23 AC, Form 23ACA and Form 20B be filed. If the the AGM is still not held and filings not done, what is the solution to avoid the penalties. It is intended to hold the AGM withing 18 months, i.e by 23rd March 2010. What will be the implications of this?

Requesting your advice and guidance on an urgent basis.

The accounts of a private limited for the last 3 years ( 31st March 2007,2008 and 2009)were audited and audit report of the all the three years financial statements were dated 31st January 2010. What are the consequences as to holding of AGM and failure to get accounts audited on due date ?. Can the AGM be held now for considering all the 3 years Balance sheets ?

The AGM of a private limited company was conducted on a public holiday and all the members of the company have attended the meeting and nobody had raised any objection. Are the proceedings AGM of the company valid ?

What are various criterias for incorporation of micro finance private limited company? Minimum capital requirement? With own capital of Rs.10 lacs, can we start micro finance company?
Thanks..

I wish to create a limited liability partnership with my spouse.

Can I create a limited liability partnership firm (in the capacity of an owner)or can I only create a limited pvt company?

sir,
kindly help me on following matter:
what is the use of company seal?
seal means seal made of metals & is of such that it can mark a impression of company name of paper without ink.

it is such that make paper so to emerge a name of company name.

when is it require when a company has rubber stamp? what is its requirement

Can notice to the directors for Board meeting can be send throu Email, fax etc.even if Articles of assossciation are silent to this? If No then what is the mode of sending the notice

as per S.297 Board approval is required before entering into any RTP transactions, however, if Paid up Share Capital is 1Crore approval of CG is necessary, however, the section claims certain exceptions, for eg, to enter transactions with prevailing mkt rates in cash or cheque. now if the co. Pd-up SC is 1Crore or more and it is entering in RTP transactions at Mkt rates, can the Co. falls in exception and the CG approval be waived off, it will record the Board minutes with this respect.