Dear All,my Q is:
my company has shifted the registered office to another district in the same ROC.So for that I have to pass the Special Resolution.So my doubt is whether I can pass that Resolution in AGM or I can pass it only in EGM?Thanks.

As Section 309 & 310 of Companies Act, related to remuneration of directors are not applicable to private companies so is it require to pass board resolution for increase in remuneration of directors or MD??

Kindly suggest and provide format of relevant resolution!!


Regards
Vandana Kacholia

In case of a public limited Company,MD's appointment is affirmed in a general meeting (if otherwise his appointment is not required by Central Government), but before that companies follow a board meeting where the draft appointment, time, place of general meeting etc are primafacie approved by the Board.Is there any specific section about the conduct of board meeting, in this regard? Can anybody please put a light on it?

Hi
Could you pls anyone answer my queroy below

As per companies act, there is a requirement to retain the documents upto 8 financial years. But can a firm retain the documents in the form of soft data (by scan images ) instead of holding physical files or documents which will be destroyed post conversion of soft data of scan images. Pls reply

RESPECTED SIR,
I HAVE BEEN APPOINTED AS AUDITOR OF A COMPANY IN AGM FOR THE FINANACIAL YEAR 2009-10 BUT THE ANNUAL AUDIT OF THIS COMPANY FOR THE YEAR 2008-09 IS NOT COMPLETED BY THE PRIVIOUS AUDITOR.CAN I DO BOTH AUDITS SIMULTENEOUSLY.PLEASE GIVE THE GUIDENANCE IN THIS REGARD.

OURS IS A PRIVATE LIMITED COMPANY AND THE PROFITS FOR THE CURRENT YEAR AFTER PROVIDING FOR DEPRECIATION IS NOT SUFFICIENT TO DECLARE THE DIVIDEND WHICH WE WISH TO DISTRIBUTE. HOWEVER, THERE IS PAST ACCUMULATED PROFIT SHOWN AS A SURPLUS
APART FROM GENERAL RESERVES. WILL PAYING OF DIVIDENDS FROM THIS SURPLUS ALSO BE GOVERNED BY PROVISIONS OF SECTION 205 A?
AN IMMEDIATE CLARIFICATION WILL BE HIGHLY APPRECIATED.

if a company is not file form 32 in ROC also not file annual accounts & annual return .
what is the option available to unsecured loan Creditors to recover the amount to comapny .
and what is the Liabilities of Director.

Case :
A Private limited co. is presently having 2 directors/Shareholders..

Now one of the is retiring & in place of that person, another is willing to be appointed..

My Question is that what will be the exect procedure to coply with the above matter...
Whether to appoint new Director first & then to get the old one retired...(If not than the company will become one director Co.)
Also,
What about the share holding..?
Whether it is necessory to transfer any share by old director to new to become eligible for the directorship..?

Thanks in Advance...

My query with regard to DIN for a citizen of India settled abroad.

A was a citizen of India, settled abroad.

Please confirm the following documents can be obtained from A
for the purpose of generating DIN online.

1. Copy of Passport - Mandatory.
2. Copy of Proof of Address - For list of documents, I shall go as per DIN application.

what other documents are to be obtained from A.

Await your response.

Dear Member

Can anybody provide me with a copy of board resolution to be passed for vacation of directors under Section 283(1)(g) of the Act.

with regards

Muralidharan