Raghupathy M
23 July 2009 at 10:44

section 297

sir

Kindly let me know, whether the transaction value is brokerage charged to the client or the volume of business done by the client while getting approval from R D u/s 297 and for the exemtion limit of 5000 for th F.Y pl clarify


Raghupathy M
23 July 2009 at 10:34

transfer of shares - 187 c

Sir
Please clarify the procedures to be followed for the transfer of shares, after filing formsu/s 187 C, from the name of the person whose name is entered in the register of members


Kumar
23 July 2009 at 10:29

e-form 21/MCA

Dear All,

What should be the method for calculating the 30days time period for filing the order of High Court through Form 21 to ROC.Is it the date from the High Court passed such order or the date on which the order copy received in the hands of company.

Kindly have your veiws.If someone having any MCA/DCA circular given by the department then please share with us.


Thanking you,

BR,


Abjeet
22 July 2009 at 17:13

Companies Act

After receipt of share application money, what is the time limit with in which company has to issue or allot shares.


Achint
22 July 2009 at 17:11

Professional fees to director

I have one query, one of my friend has started a company. He is a director in the company but he is also doing job somewhere. They want to start a coaching centre where he along with other director will provide coaching. Can company pay professional fees to them. If yes, do we need to treat it as Managrial Remuneration.Moreover they are not paying salary to any of the director. thanks in advance


Jagruti Shah
22 July 2009 at 16:19

sitting fees

Hello, please guide me about sitting fees to Directors. Whether to be paid in cash?. with a covering note?. any acknowledgement required, any resigter to be maintained, any TDS on fees? any annual certification? please give procedure for the same. ASAP


CHIDANANDA K R
22 July 2009 at 16:10

Notice Period for Board Meeting

Notice Period of board meeting for approval accounts( Qtrly) is also applicable for recent amendement from SEBI notice dated 24 April 2009.

Pl reply


Kalpesh
22 July 2009 at 15:34

Allotment of Shares

A company was formed with a paid up capital of Rs 1 lakh. Three promoters subscribed the Memoraundum . One of the three subscribers did not put in subscription money . The other two subscribers took up his portion to fulfill the requirement of minimum capital of Rs 1 lakhs and subscribed . We can allot the Shares worht rs 1 lakhs to these two promoters . Is it O.k


Monika Gurwala
22 July 2009 at 15:33

casual vacancy

what to do if out of three directors of a public company one director has died.
can i simply pass a resolution for casual vacancy and file F-32 with ROC or there is any other procedure for the same.


Actually i have to make this co. a defunct co. so i have to follow very simply procudure because nothing is remain in this co.

plz suggest a simple process.


Rashmi Patel
22 July 2009 at 07:22

Insolvency of Partnership Firm

My husband works in a private firm in Mumbai. My father-in-law runs his own auto spare parts firm, it is a partnership firm with my mother-in-law where her name is there only for records purposes, but for all practical purposes, the firm is run by my father-in-law. The firm has made huge business losses in the past 4-5 years. The creditors are calling up constantly and my father-in-law has decided to sell his house and assets to pay the creditors. However the amount will still not be enough to repay all the creditors.

I am concerned if my husband's assets can also get attached. He is not involved in the business and is a salaried employee in a firm. Please advise.






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