anup

hi,

our company is expected to receive share application money against rights issue in october from our parent. can we utilise the money even before the allotment of shares.

what are the rules for the utilisation

rgds

anup


CS Vandana Kacholia
06 October 2009 at 11:56

share transfer form

1)what is the rate of stamp duty at the time of transfer of physical shares of a pvt. company based at mumbai??

2)what if the franked share transfer forms having validity upto 31st march, 2007 have not been executed?? i.e. transfer of shares have not taken place??
and whats the remeady??

3)what if there is delay in stamping of share transfer form??

Kindly clarify step by stsep and please mention relevant section.

Thanks & Regards
Vandana Kacholia


CS Sandip Rahane
06 October 2009 at 11:28

Allotment of Pref. Shares

Hello Professional
Our company issued Redeemable prf.shares and its redeemed within time.
But the entries not made in STatutory regi. of the cmpany.
Is it required to make entries of Pref. shares allo. in Statu. Regi?


sathyam
06 October 2009 at 10:17

Resolution

Dear Experts,

Can any one send me specimen copy of resolution for appointment of Managing director?

thanks in advance


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..






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