Query: ABC SEZ limited a company incorporated with the authorized capital of Rs. 50 crore and paid up capital is Rs.35 crore and the company is appointing the whole time director and the reumeration of the whole time director is Rs. 232000/- p.m. What is the procedure to appoint the whole time director and is it neccesaary to take the approval of central government? please note that the company is incorporated with the word SEZ

Sir i want to know what is a penalty, if a comapny has made default in useing securties premium for other then the specified use

A partnership firm has been taken over by a Private Limited Company.
I would like to know any contract made in partnership after take over vaild.
And how can the partnership firm be closed completely. And the process involved.

Thanks in advance

If a Machinery which is already depreciated (Put in Use and commenced production) is temporarily stop for a certain period in a financial year. In the FY can depreciation be calculated for the total no of days or it is to be calculated only for the days it is used.

Dear Friends,
We are working in a company which has Group of Companies.
We have more than Ten Public & Pvt Limited Companies, Firms, and Proprietorship Concerns. In Companies some Directors are common, in firms the same persons are Partners & in Proprietorship concerns they are proprietor.

These all concerns have transactions in between themselves (Purchase / Sale / Loan).
Whenever we open any new concern it takes loan from Old concerns.

My question is whether we have to take Central Govt approval for the same?

We purchased 5 pcs mobile @ Rs.4000/-(Total amount Rs.20000/-) in one vat invoice.
So, as per Company act, can we get 100% depreciation for each mobile because each mobile value lessthan Rs. 5000/-?

can u tell me on which documents a company can affix its common seal

Can anyone tell me the format / content of Forwarding letter and Authority letter to effect the new firm registration. Also is this letters to be signed by both the partners or by any one of them.

Its urgent. Reply me asap.

Help appreciated.

Thanks

if object clause will be changed by the company whether it affect the name clause or not ( ie whether name would be change )

Dear all

Can contracts before incorporation be enforced against the Company?