Pls help.
What is the procedure(in full) for further issue (other than 1st subscription)and allotment of equity shares by a private limited company to it's existing share holders ?
What forms to be filled and what resolutions to be passed ?
What may be regarded as a conclusive proof of such issue and allotment ?
Pls help.
mail : surajvyas@yahoo.com

hello,

current year profit is called accumuleted profit? for issue of bonus share current year profit used by board of directors?

Dear members,

Kindly claarify me on the following:

A private limited co. is to be formed for the purpose of carrying on real estate business (construction of residential premises)in India? The company is to receive funds from abroad for the share capital. What formalities are there that we have to take care of for receiving such funds in a Pvt. Co as under FEMA, RBI & Cos Act?
Is the co. restricted from obtaining FDI for carrying on the above business?

regards

Raja rajeswari S

if company increased in autorised share capital than the explanatory statement u/s are required to annexed theirto

A Public (Unlisted) Company is alloting shares to its shareholders without any premium at a face value of Rs. 10 per share.At the same time the Company is also alloting the shares to a Private Company at a premium of Rs. 10 per share and at a face value is Rs. 10 per share.

My query is whether the allotment of shares to this Private Co. at premium will amount to preferential allotment or not??



Plz guide me.

Regards

Priya Sharma

Kindly advise the full section which narrates Related Party transactions under the Companies Act.

I wanted to know the obligations for the company as well as its Directors for Related Party transactions.

Thanks in advance.

A is a director in a limited company.

A is getting 'only' commission from the company.

Can we say that A is an Executive Director or a Non-Executive Director ?

(Is it that if a director gets remuneration by way of any kind shall be obviously considered as Non-Executive Director)

Experts' response awaited.

If a director of Public Co. is a member of Co-operative society also, whether section 299 will be applicable on him or not??

Dear All,

Please let me know the meaning of Associate Company. Is it covered under company law.

If a Director is common in two companies and holds less than 2% of the paid up share capital of either of the companies, then whether exemption under section 299(6) will be available or not?