Hi,
We are 6 people partnership firm based in Erode, Tamil Nadu. We want to takeover a private limited company 100% owned by foreign nationals. They are French husband and wife owning 50% shares each.
1) Can the partnership firm own shares in Pvt limited company?
2) If not, Can the buyers use the Partnership firm to route money to remit to the sellers, and acquire shares in the name of partners?

Thanks a lot for your assistance,
Easwar

what is CORPORATE MAN SLAUGHTER ??

What is the time frame for geting subscripttion money from the shareholders for incorporation of the company?? or even after the incorporation of money?



Please do reply with either supporting case or law.

1.)Difference Between Annual General Meeting, General Meeting & Board Meeting.

2.)Which Are The Rights to This Members have during the meeting and after taht.

3.)Which Things are to be passed by the above mentioned meeting than it is said to be approved and why.

4.)Why we have to conduct the above mentioned meetings & why the above mentioned point i.e. is (3) has to be approved by the above mentioned.

Dear Sir,

We are a Pvt Ltd Co & having a separate gratuity fund for our employees.

Is it mandatory to give the gratuity policy coverage even too a person on a part time employment with us for a short period , say 9-12 months ??

Kindly reply

Subhash Jha

A NEW COMPANY HAS BEEN REGISTERED ON 28-08-2008. FOR WHICH FROM THE DATE OF REGISTRATION WE HAVE NOT FILED ANY FORMS SUCH AS FORM 20B OR 23ACA OR 23AC.

NOW WE WANT TO FILE FORM 23B FOR THE CURRENT YEAR i.e., 1-4-2009 TO 31-03-2010.

WE HAVE DOWNLOADED FORM 23B AND FILLED THE FORM AND GOT IT SIGNED BY CHARTERED ACCOUNTANT AND WHEN WE ARE TRYING TO "PRESCRUTINIZE" THE FORM, ERROR MESSAGE IS COMING AS GIVEN BELOW:

"You have Prescrutinized / Filed other STP Forms with different financial year date or you have not prescrutinize this Form. In view of this, this form needs to be prescrutinized again before uploading."

If a director is appointed before the adoption of account in the financial year 2009-10 and his remuneration is attracting Schedule XIII then for the purpose of calculating effective capital, we sould take the balance sheet figures of 2007-08 or 2008-09 as the balance sheet for 2008-09 was not audited as on the date of appointment of the director.
Please reply to this query as soon as possible.

Whether it is compulsory for auditor of Private Limited Companies to efile Form 23B and give SRN of the same to the Company?

can any one tell me what is the Roc fee and stamp duty to increase autorise share capital from Rs50,00,000 to 1,00,00,000.
and what is the whole procedure for this


please tell me?

Regard
Raj

A pvt. Ltd. Co. in which subscribed capital is Rs. 300000/- at the time of incorporation and there was three subscribers to the Memorandum.
One of them is not paid money at the time of allotment.

Wat should we do for his shares i.e. for 10000 shares for which his name is already mentioned in MOA and we are not getting any subscripttion money from him.

Now the queation is wat is subscribed, paid up and issued capital of the company.