A is pvt company was formed in 1990. A property was purchased in the the year 1992. However thereafter no business is made and the company has not complied with Co Act and IT Act. The paid capital is also not raised to Rs.1 Lakhs as required by amended co act.

Now the company wants to sell the said property or otherwise sale the company... what is the current status of the company with ROC? If company makes any capital gain then can we file it return for this year without first filing returns for earlier years?

Company has passed the resolution under Sec. 293(1)(d) when company was Private Limited Company, now company is converted into Public Limited Company, now what will be effect of said passed resolution under section 293(1)(d)?

As said section was not applicable to private Limited Companies when it was passed, i am confused how to deal with this issue.

Can a Shareholder attend a Board Meeting?

Dear Sir,
Our company is in Bhubaneswar, Orissa and wants to open corporate office in Mumbai so please provide me a board resolution specifying good reasons to open corporate office in mumbai.

Q1) can a shareholder call for information for the matters discussed in a board meeting‏? (Quote Section number or relevant case law)

Q2)I am the shareholder os a listed company ABC ltd. which has in its board meeting approved a scheme of restructuring and also formed a Committee comprising of four Directors for consideration, approval of the modalities and implementation of the Restructuring Scheme.

Now this being a sensitive issue can I as a shareholder raise any issue over all this being done without shareholders approval?

Does any clause of listing agreement provide that such issues which are of such high importance be disclosed to the shareholders?

Dear members,

Please clarufy my doubt.

A new company when it can start its business,first when the ROC approved online or when it receive its cerificate of incorporation from the respective ROC.Am talking about Pvt Limited Company.

Thanks & Regards

can a unlisted private company issue the shares to the consultant of the company under ESOP Scheme? If the company has covered the consultant in the defination of Employee and mentioned the same in the Trust Deed.

I am filing form 20B of a public limited co. for the F.Y. 2006-07. At that time, there were 7 directors. But now in 2009, two directors have resigned thereby remained only five directors. My query is that detail of 7 directors is to be given or of 5 directors to be given in the form.
Further, Amount of secured loan as on the date of concerned AGM i.e 29/09/2007 is to be mentioned or amt due on current AGM date is to be mentioned.
Please reply as it is very urgent due to notice issued by the ROC.

Thanx

LLP required registration as a Non banking financial company for deal in business of loans and advances acquisition of shares/ debentures/bonds that are issued by the government or any other local authority under the government. As these are deals in shares, bonds, loans, debentures, chit business and insurance business.

I want to know the procedure of Share Transfer in Private companies and amount of Stamp Duty, Related forms in respect of Transfer and procedure.