Could you please tell me the provision regarding the ceiling limit of director remuneration in case of pvt. ltd company having paid up capital of 1 lac

Dear Experts

My company was incorporated in the month of Nov 2016 but account opening took 3 months owing to PAN and other formalities. Thereafter we received share application money from subscriber to Memorandum of Association of Company.

Time limit for issue of share certificate is 2 months from the date of incorporation of Company (section 56). How should we go forward now? Three months have already been passed.

Waiting for your valuable suggestions. Thanks in Advance!

Regards, Nitin

Dear Experts,

Kindly advice on the following matter.
1. A person is holding 2500 Shares in a company and also a subscriber to memorandum. He is also director, now he wants to retire from the directorship. Kindly advise
a) can he do so?
b) What is the procedure for doing the same ?
c) Can he first Resign from directorship and latter transfer the 2500 shares in the name of another director?
d) What is the procedure for transfer of those 2500 shares in the name of another director?
e ) What are the required documents to effect above-mentioned changes

Kindly advise on the above on urgent basis.

A private Limited company want to allotment of further shares which are to be allotted to some of its existing share holders but not according proportionate to their existing shareholding ratio. Can it done in a board meeting? Form MGT-14 to be file in this situation. Kindly advise

I am filling the INC 22 after incorporation of company after 11 months as the company forget to file. Now MCA wants to resubmit the form INC 22 with "reason of delay". So please suggest/advice me, what reason I have to state and How to show the reason in the form INC 22

Is there any rule regarding allotment of share in business pvt co. having only 2 person as a partner and the director

Hi all,

Can someone clarify me on the below mentioned

we have got the name approval for a private ltd company and while applying INC-1, we have mentioned promoter directors as TWO. Now we wanted to include one more individual as first director and subscriber. Can we include his name as first director ans subscriber, if Yes, pls help me on filling Form Spice 33 & 34. Can we name all three as first directors in point No.58 of Form Spice-34 and as subscribers in Forms Spice 33 & 34

Kindly clarify me on this.

Thanx in advance


Adisheshulu Dasari

If the address for correspondence is the address of registered office of the company, then following attachments are mandatory:
1-Proof of office address
2- Copies of utility bills that are not older than two months.


I am going make my own house as registered office. What could be proof of address then?.

what if I have a rented property and wanted to make it registered office, rental deed cannot be made because company is not in existence.

Can anyone pls tell me ..whether CA final corporate & Allied Law book by Munish Bhandari sir for may 2017 attempt is available in market or not & can it be ordered by courier ??

IF person got name approval after filing INC-1 but this name is available up to 18.02.2017 . he want to reserve this name for next two months as not able to file other forms. what process/forms/letter we need to follow for reserve same name in future.