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Bhaskaran Chackrapani Warrier
06 October 2009 at 10:06

Removal of Directors

A private limited company wanted to remove a director from the board. The company neither received a written communication from the shareholders nor a special notice was issued to them. The motion came up in the AGM in which the said director failed to get sufficient number of votes to get elected resulting in the removal of the said director from the board. Whether the proceeding is legally valid in view of section 284 of The Companies Act,1956.

My answer is NO based on the decision in

Queens Kuries & Loans P Ltd Vs. Sheena Jose (1993) 76 Com Cases 821(Ker).

COMMENTS OF MEMBERS ARE HUMBLY SOLICITED.


SAHANA J N
06 October 2009 at 09:31

FORMATION OF A COMPANY

While uploading Form 1 in MCA Website for forming a Company whether I should upload scanned copy of MOA & AOA as signed by Promoters

OR

I can upload the PDF Format of MOA & AOA by putting Sd/- and submitting Orginal Documents to ROC?


Rohin
05 October 2009 at 15:53

cumulative shares

hi this is rohin plz give me brief knowledge about cumulative shares, preferential shares, redeemable or irredeemable shares.


SONIA DEVAL

HOW CAN I WIND UP A PVT. LTD. CO. U/S 560(DEFUNT COMPANY)
GIVE ME COMPLETE DETAIL REGARDING ROC WHICH FORMS I SHOULD FILE TO ROC AND HOW MUCH TOTAL TIME AND TOTAL MONEY WILL BE SPEND ON IT MY CO'S PAID UP CAPITAL IS RS. ONE LAKH.
PLS GIVE ME COMPLETE DETAIL.

C.A SONIA DEVAL


varun gupta
05 October 2009 at 15:46

Issue of Bonus Shares by Pvt Company

A private Company wants to issue Bonus Shares.
a) Can it do so? Restrictions if any?
b) What are the required conditions to be fulfilled to do so?
c) Pls provide detailed compliance requirements to do so?

Thanks.
Varun


CA KetanS
05 October 2009 at 13:54

Dividend payout amount

Hey,
I would like to know whether DDT should be considered while calculating the maximum amount payable as dividend (for private limited company)..and also how to disclose the DDT amount in Financials.. Response awaited..


CS Om Daga
05 October 2009 at 09:51

Registered office & Corporate Office

A public company is having its Registered Office & corporate office in Mumbai.The Board of Directors of company wants to relocate the corporate office to New delhi , the registered office will continue to function in Mumbai. Please Advice.


AMRIK SINGH
04 October 2009 at 23:33

create a new company steps

sir,

please ask a create a new company steps


thanks

amrik singh


amit

As per sec.209 of Companies Act,1956, all the companies registered under this act must maintain books of accounts on accrual basis, but still is there any provision for maintaing books of accounts on cash basis in certain cases ? If yes, then please let me know the certain cases


saurabh
04 October 2009 at 17:06

Writing tips

Hi,
I am a student of CA (PE II).
I need some help in theory papers LAW and AUDIT.
Last time, I quoted relevant section numbers as suggested above but my number were very less(37).

I am feeling miserable since i don't know what mistakes i am committing. I think i wrote quite verbose answers.
Can someone please help?
My mailid:
gaurava12@gmail.com






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