HI
A PVT Ltd Co was formed June 2008. The company has received FDI in August 2008, Rs 16 Lacs for which no Legal compliances have been made. The Company is in activity of Consulting Engineering and other Engineering related activites. My Question is that if Rs 16 Lacs received I show as FDI in Equity Capital, wherein Rs 10 shares are issued at a Premium of Rs 48, will it raise any problem. I have gone through the CCI Guidelines for Valuation of Shares:

Net Asset Value: Not applicable as this company has no latest audited Balance Sheet, and this is First Year.

Profit Earning Capacity Value: Not applicable as the method applies to Trading and Manufacturing Compnay, and this is a Consulting Engineering company

Market Value: N/a since Pvt Ltd Co

Fair Value: This method starts taking avg of First 2 methods, which are N/a

Kindly let me knw, if I go by the random issue price of Rs 58( FV 10 & Premium 48) will there be any non compliance

Thank You

Private limited company’s incorporation date is 27th aug 2004, What is the procedure to pay stampduty on shares.Can stamp duty be paid on share certificate after it is issued. If, yes up to what time ?
Is it possible to pay after three or four years ?

It not what is the consequency ?

Thanks in advance.

can stamp duty be paid on share certificate after it is issued. If, yes up to what time ?
Is it possible to pay after two years ?

It not what is the consequency ?

Thanks & regards,

Dinesh Malik

hello frnds,
i have queries related to formation of company.pl solve my doubt as early as possible.
uploading of form 1, 18, 32 is over. there were many corrections in MOA due to improper numbering. so i hd to scan atleat 8 pgs of MOA. i uploaded form 67 but didnt attach MOA in that due restriction of size ie 2.6mb. WHEN i went to ROC to sort out d matter, they said me to upload AOA also along with MOA through addendum ( Form 67). now wen i attach AOA and MOA,the size exceeds 2.6mb.it becomes 2.63mb.difference is very marginal but still the problem persists.
its a very dicey situation and i really need ur help and guidance.. pl let me know if there are ny solutions to it...
Awaiting ur reply
Thanks in anticipation

Regards
Sangita..

what are the requirements/Provisions for issue of Bonus shares by a Public Unlisted Company. Please give in detail

A relative of MD is appointed and the Board decides 2 pay a remuneration od Rs. 45,000/-, so can the Co. pay him/ her such remuneration from the dare of his/ herappointment or it has 2 first seek shareholders' consent and den only pay it.

if an company chreged depreciation on a assets from the month when its ready for use before making the entry in accounts. Is it correct.

For a example : Date of entry is 12-12-2008 and bill date is 11-11-2008 and charged depreciation from the month of Nov. 2008 as in this month assets was ready for use.

Is it Correct ?

We are taking over a private limited company by purchaing all the exisitng equity shares from the existing shareholders and filing Form No 18 and 32 for changes in directorship & office address.
We are also executing the share transfer form.
Should we execute any other agreement/MOU between the vendors and ourselves.

In the Company Law there is a term "LIC and Damodar Valley Corporation has been brought into existence through special acts of Parlieament "-

What is Damodar Velley Corporation?

I am registering a new company. Can I issue share with differential voting rights. I want to issue 500000 shares of Rs 1 each with one voting right each and another 150000 share of Rs 10 each with one voting right. so that person holding first 500000 shares will have majority voting right. Is this legally possible