For a Pvt/Public company, should all its directors be Indian Resident or how many of them can be Non-Residents? Is there some speicific eligibility regarding residential status to be the Director of any Pvt or Public company?
Dear all,
Please explain me on issue of shares with differential voting rights in all aspects.
Is it possible for private limited company to pay dividend to is shareholders from profit after completion of first year of formation? Thanks.
Please provide how we should go about in the following case:
A & B were directors in a company
Then C & D were appointed and Form 32 was filed with DSC of A
Then resignation form for A & B was filed with DSC of C
Now we came to know that date of appointment in Form 32 (filed for C & D) was inadvertently mentioned wrong
How we should correct the form 32 filed, can we file a revised form 32 with DSC of C??
Please clear me the difference between authorised capital,subscribed capital and paid up capital.
In case of preparing the minutes of the BM,do we have to write the full resolution of the EGM/AGM notice in the minutes of the BM under the heading Notice calling ensuing EGM/AGM... Its urgent..!!!!!!
A foreign company incorporated outside India as Public company under the laws of that foreign co, can we treat that as public company under the indian Companies act. Plz clarify at the very earliest.
As per the Co. Act it is mandatory to hold the AGM in the city where the Registered office of the Company is situated. But if due to circumstances a company want these two things in two different cities then is there any way.
"Declaration of further dividend for the second time out the past year's profit is illegal & ultra vires of the articles of association and the Companies Act,1956"
IS IT TRUE?
And if yes then
What about interim dividend?? can interim dividend be declared out of the profits of the previous years????
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Directors- Resident/Non resident