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CA Binal Shah
14 July 2009 at 16:54

urgent--ROC matters

hi, One of my client is a public ltd. co.
What r the requirements to be fulfilled at ROC, specifically regarding Returns and other monthly/quarterly/half yearly/yearly statements to be submitted,if any.


s sunil
14 July 2009 at 15:42

Sec 81(1A) Rights issue

Dear,
can someone give the resolution format for the issue of shares at premium by the unlisted public company along with applicability of rules

Regards
s.sunil soni


K. C. SUTHAR

Dear Sir,
A, pvt ltd company was incorporated on 9th oct 2008 with two promoters, one of them was foreigner, However the Indian promoters has paid his part of the subscription, but the foreigner has not yet paid as on date. Now the company wants to prepare the accounts up to march 2009, in which the paid up capital would be only 50,000/-. but as per the act minimum paid up capital should be Rs. 1.00 lacs.
My quary is : 1.How to show this balance amount of Rs. 50.000/- as paid. (otherwise company will not be able to file the accounts)
2. Can any other person pay the amount on behalf of the foreigner in cash so comapny can credit the same before March-09.
3. the foreigner has already sent some of Rs. 50,000/- before incorporation through proper chennal for some other purpose in relation to same business, can we use this fund as his subscription.


SUMAN

according to the provision after application money rec. allotment letter or allotment advice given to shareholder.

que is:
1. whether subscruption treated as allotment or not.

2.if yes whether it is treated as first allotment.

3.whether allotment letter given in case of subscruption also.

4.when would be the subscruption is effective?
A. on memorandum of association date or
B. on incorporation date or
C. on the date of first board meeting


Guest


A private company can accept loan only from director, its relatives and shareholders.

My query is: if a private company has taken a loan from Mr. A (who is shareholder of company) in 2005 of Rs. 10.00 Lacs.

But now Mr. A has transferred all its shares in 2009 to some other member.

Can the loan accepted by the company from Mr. A while he was shareholder of the company be continued by the company in 2009 when he has ceased as shareholder of the company. Else the company is required to repay the loan to MR. A now because as on date he is not member of the company.


CS Vandana Kacholia
14 July 2009 at 12:56

Authorised capital

1)Can resolution for increase in authorised share capital be passed as an ordinary resolution?? if yes/No then on what basis??


2) Is it required to pass special resolution for issue of bonus shares and file form 23 for registration of it??


Thanks
Vandana


Manmohan ACA, CS
14 July 2009 at 11:22

Deemed director’

We all are aware of the term ‘as defined in section 7 of Act,
What does the term ‘person’ includes in that section, only individual or other persons also.


What are the provisions of companies act which applicable to a director is also applicable to deemed director.


Abhishek r vaishnav
14 July 2009 at 10:24

company law

what are the independent directors and what are there liablities?


varun jain
13 July 2009 at 19:22

Section 58A& 58AA

Please guide me on the following:

Where a public Limited company has taken unsecured loans from the some person(other than Shareholder and directors etc.).Whether this loan with in the defination of Deposit under section 58A& 58AA. if yes, What are the formalities, the company has to compile with now


anu
13 July 2009 at 19:00

partnership deed

how many managing partners can be there in a partnership deed?






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