Hi,

While filing the Din 3 in case of Private company. i end up with a query, one of the Director whose age is below 18, but while filing the MCA portal not accepting it as due to Director's age(Below 18) . As per sec 264 a Private company can appoint Minor as Director. So pls help me in this matter its to Urgent

Dear Sir,

Please advise me on the following:

One Director-cum-Shareholder is holding 900000 shares wants to transfer 800000 shares to his other family members.

My query is which of the following procedure is correct:

1. split the share certificate into 5 in the name of the Director and then Endorse on the backside with the family members names and distinctive nos.

or

2. Issue the new share certificates directly on the family members with continuous serial number

Please Advise and provide me the draft resolution

Also please advise me whether 2nd option is possible


Thanks & Regards
Rajya Lakshmi

A Ltd is the subsidiary of XYZ ltd. to comply with the no. of shareholders in public Ltd company XYZ Ltd had appointed A,B,C,D,E,F as the nominee and their name is mentioned in the register of members as the nominee of XYZ Ltd.XYZ Ltd holds beneficial interest in the shares.And they had complied under Section 187C.

Now the A,B,C,D,E,F transfer the shares to P,Q,R,S,T,U but the beneficial interest remains with XYZ Ltd. the beneficial owner.

Now Form I has to be filed by P,Q,R,S,T,U

Query 1

And Form II has to be filed by XYZ Ltd. and in Form II there is the column saying

Particulars of the person from whom the beneficial interest is acquired; if the transferor of the beneficial interest is also a person who held only a beneficial interest, state whether any declaration under sub-section (2) of section 187C had been made by him to the company. If so, the date of the declaration(s) made by him:

what should be filled here

1. Name of A,B,C,D,E,F or
2. XYZ Ltd.

Query 2

Form II contains certificate saying I _______ do hereby certify that the beneficial interest in the --------- equity shares of A ltd. as mentioned above has been transferred by me on

Who should sign this Form

1. A,B,C,D,E,F or
2. XYZ Ltd.
Query 3

Also reply if there is Change in Beneficial Owner

Resolution for shifting registered office of the Company in local limit of city, village or town. Will Resolution be Special or Ordinary Board Resolution?Pls give Performa?

Would appreciate your feedback on the following:
We have a registered Private Limited Company and would like to change the name to a new name.
What are the procedures and what forms are to be submitted to the MCA. We have submitted Form 1A for a new name, which has been sanctioned, a resolution of the the old company and the notice has been made, After this, what are the procedures!

Sir,
I want to know whether it is beneficial to for a private company or a partnership firm when only 2 individuals are starting a business? and how long it will take if Firm is formed or when company is formed? I mean number of days. and what is procedure to form a private limited company? Can a partnership firm be converted into a private company later on? what will b its procrdure?? Plz help sir. Its urgent...

Dear Sir,
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he has not attended any board meeting since last five years

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