Rajeswar

A private company has taken unsecured loans from the relatives of the shareholders. Will the same be considered as deposit under section 58A read with Companies (Acceptance of Public Deposit) Rules, 1975?

kindly do clarify me.

regards

RAJA RAJESWARI S


Sajjala Patil
19 December 2009 at 11:33

issue of convertible debenture

in case of issue of convertible debenture, when the authorised capital wl be increased whether at the time of issue of such convertible debenture or at the time of its conversion? and how much stamp duty is reqd for issue of convertible debentures?


ANTHONY KARAYIL
19 December 2009 at 10:41

Change of Company name

Sir, I nave to change the name of a pvt ltd company. kindly guid me with the procedure for the same.


Priyadharshini
19 December 2009 at 10:22

APPOINTMENT OF DIRECTORS

Helo sir,

I need some clarification regarding appointment of directors in a private company..

1. can we appoint a director as a executive director (whole time director) for more than one company?
2. Whether a director can draw salary from more than one company?
3. Where we the find the exact meaning of Whole time, executive, non executive director in the company's Act..

I just gone through the provisions under companies act.. but i culdnt get a clear and eact answers for my questions... can anyone plz help me...

if it s mentiond in the section plz quote the section no.......


NAVNEET PRAKASH
18 December 2009 at 22:16

annual filing

What is the correct procedure to be followed for annual filing of a company?Whether it is possible that financial statements are adopted and audit report are signed on the same date?


Deepak Choudhry
18 December 2009 at 22:13

Non Compliance of CARO

Can the directors be held responsible for non compliance of CARO ?
If yes, how ?
What is the liability of directors for non compliance of accounting standards ?


Deepak Choudhry
18 December 2009 at 22:10

Advances to director

How will the advances paid to director treated ?
Is there any way we can advice an accounting treatment in which the directors can withdraw money from the company without showing it as a loan ?
What is the limit to remuneration of directors ?
How are the personal expenses of directors borne by the company dealt ?


sunitanjani
18 December 2009 at 16:54

share application money

Can any one guide me for Compliances to be followed at the time of raising share application money and also what are the provisions relating to it after raising that money. Please provide also the source


seema singla
18 December 2009 at 14:10

problem regarding form 32-urgent query

In a public ltd. co., there are 5 directors and one managing director. All the documents are signed by director A. One director B resinged and I filed form 32 with digital signature of the director A. On uploading, the MCA portal is showing an error " Signature validation failed for the field of director. The person is not authorised to sign on this field."

Please tell what to do.
Who should sign on this form or any other solution of the problem.

Please ans as soon as possible as it is very urgent.



Anonymous
18 December 2009 at 10:59

Share transfer in Pvt. Co.

Dear Sir/Madam,

Is it possible to transfer shares of Pvt. Co. to an outsider? i.e. a person(s) who are not connected in any ways with the Directors or the members of the company.
Moreover in general practice we take an application from the proposed transferor for transfer of share in the name of the transferee and then we pass an resolution approving the transfer.
And subsequent share transfer deed is executed on paying the appropriate stamp duty.

The above is with ref. to a Private Co.

Sir, My question is w.r.t. the above procedure folowed by us is :
-is it legally correct ?
- does it give effect to a valid transfer?
or if no, pls suggest me a valid and correct transfer procedure.

Thanks & regards

Aditya






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