Sir,

can a person be eligible for minimum wages if he works after office hours and earning Overtime allowance which is more than his eleible minimum wages?

that is

a person's normal working hours is 1000 to 1700 hours. he has been put to work from 0800 to 0930 hours and earning around Rs.350/-. He has no work from 1000 to 1700 hours for the entire day. If his minimum wages is Rs.148/- what is the amount payable to him for that day?

whether it is Rs.350/- only or
Rs.350/- as OTA and Rs.148/- towards wages?

Thank you sirs

Two foriegn citizens residing in malaysia are intereseted in forming a partnership firm for opening a training institute in bangalore. Can they form a partnership firm or only a pvt ltd company. In partnership firm, can it be a limited liability partnership?

Sir I am in process of incorporating a private limited company in which promoter director includes indian as well as foreign national. please let me know what is maximum permisible share holding by foreign natinal. Please also guide me about other requirement for foreign national promoter director. I am in very urgent need of your help. Thanks

Can a private company hold a statutory meeting or only a public company having share capital only can conduct a statutory meeting.

Can an NRI be a subscriber to the Memorandum of Association (MoM) and Articles of Association (AoA) of an Indian Company?
Under FERA there was a notification permitting NRIs to invest upto Rs. 10,000/- as subscriber to the MoA and AoA. However, FEMA notification 20/2000 is silent. Kindly let us know if an NRI/ foreign national/foreign company can subscribe to Memorandum and Articles of Association of an Indian Company and up to what amount?

What is the minimum rate of dividend by which a private limited company can issue redeemble preference shares?
Can 0.001% preference shares be issued?

please inform length of notice for board meeting?

2 DIN Nos are allotted to a director of a Co, What is the procedure to surrender one of them?

our Co. had paid dividend to Pref. shareholders for 2 continuing yrs without approving it at AGM. Is there any default?
Now what step should be taken to rectify the error?
plz also tell the penalty for Default.

HI,
I am Sanjeev. my query is that there is requirement of inernal audit under CARO if unlisted co. has paid up capital and reserves more than 50Lakh. my question is that whether share application money pending for allotment will be included in this condition or not.