Dear Member,

I would like to know if a pvt company which is basically an real estate company, invest in share of other companies for an amount of 13 crores or more (Different companies)will it be come under the preview of Investment company as per SEBI or NSDL and will it require certain formalities to be undertaken before making such investment. Plz note the other incidiental objects of MOA authorises the company to purchase share in other companies.

Rgds
Ankitha

Hello,
If a public limited co. engage in IT, wants to introduce a sub clause business relating to media. it has one of its subsidiary at malayasia...it has started a TV channel....it has to give notice in AGM...what will be resolution contents to be passed in AGM

Please outline the step by step procedures for converting public limited company to private limited company

If I am looking to increase the authorised share capital of a company, and I also want to issue shares at a premium to the investor who is coming into the company, does the authorised capital have to include such premium amount? How much will be my stamp duty and ROC Fees? Will the premium amount have to be included in the computation of such stamp duty and ROC fees? Thanks.

Hai.

The pvt ltd company is recieved 9 crore from its holding co during the year.The opening balance of share application money
remains unalloted in Balancesheet Rs 2 Crore.
I s there any rime limite allot shares??

Can subsiadiry reciece share application money without increasing authorised capital?

Where the appl money should shown in financial statement?

Dear Sir,

I am cutting and pasting the query of a caclub member and your reply to that.After reading your reply the member asked some other question. Unknowingly he seemed to have closed the query. I have also inculded his next query.

Since I have the same doubt I request you to please answer it.





Experts Home > Corporate Law > private company
author : Kumar
Posted On : 7/16/2008 11:24:05 AM
Dear Members,
Please advice/confirm.How far it is permissible under companies act,if the company bestowed the tile of director to its employees such as director(finance),director(human resource) etc.Please also clarify the exact position under Comapnies Act whether such practise is permissible.

Regards,
Kumar



Expert : S.Srinivasaraghavan
Posted On : 7/16/2008 11:31:02 AM
The companies Act does not contain specifically any provision to ban such designations.



author : Kumar
Posted On : 7/16/2008 11:41:56 AM
Dear Mr.Srinivasraghavan,

Thanks for your reply.But there is one such departmental clarification by Departemnt of Company Affairs letter no. 2/82 dated 20.1.83 which forbids such practise by corporates.Please confirm whether such departemntal clarification is relevant in present time.

Regards,

DEAR FRIENDS,

DURING AUDIT OF BOOKS OF ACCOUNT OF A PVT LTD I NOTICED THAT,THE COMPANY HAS DECLARED INTERIM DIVIDEND OUT OF ITS RESERVE WHILE HAS ENOUGH CREDIT BALANCE IN PROFIT AND LOSS ACCOUNT.CAN A COMPANY DO SO.IF YES, WHAT IS THE CONDITION RELATED THERETO.

Dear Members,
Please advice/confirm.How far it is permissible under companies act,if the company bestowed the tile of director to its employees such as director(finance),director(human resource) etc.Please also clarify the exact position under Comapnies Act whether such practise is permissible.

Regards,
Kumar

Can i get the rates of depreciation as per schedule XIV.the latest ones...

WHAT IS THE MEANING OF WRIT PETITION.