Can a shareholder (Individual)tranfer his shares comprising 50% of the paid up share Capital of the Indian Company to a NRI.
hi, i have a doubt regarding the incorporation and commencement of business
1 Any profit earned by a company before incorporation of business is considered as pre incorporation profit
however, 'if a public company earned any profit before commencement of business certificate and after incorporation' then what shall such profit be called.
2 can u give me clear information of about when a capital workinprogress and any expenditure earned before or at the starting of the business be considered as capital workinprogress
(RESOLVE MY QUERIES PLEASE)
hi,
a pvt. company has gone to winding up and appointed liquidator.
now question is that can after appointing a liquidator a company can survive again.
plz reply
Our company has appointed a person as an additinal director w.e.f 20/03/08. now, actually we want to appoint him as technical director. the company has no profits becoz in the gestation period. now how much maximum salry we can give to him per month.? what are the restrictions to the salary of other direcors. whether schedual xiii applies? our company is the subsidary of a public company. what is the procedure for his remuneration to be paid from april to june.
Hai to all,
Anybody can explain the applicability of Section 372 of the comapny Act? Is it applicable to a Private Company?
please suggest whether section 299 would apply incase of import from holding company. Whether registered to be maintained for this kind of purchase
I/We would like to register an eduactional society to impart technical & professional education to the public as well as in MOU with govt / pvt sectors.
What are the procedures to register such a society. Please inform us more information & list the procedures
Regards
SK
If company director is doing something wrong then as per the companies act after taking safety of the remaing director what remedies available so that removed director will not take any action which affect the continuing director.
if one has to take proprer care then which section of the companies will look in to for any penal provision against the continuing director, has to face if they forceably removed the director doing mischief.
is removal is based on the majority share holding criteria. it is a pvt. company limited by shares and 1 group holding 66% vs another group holding 34% shares and the minority are foreced to quit.
Co. B is demerged from Co. A. Promoters & Chariman being the same. Share holding of Co. B is
Promoters' share- 68.44%
Co.s A's stake- 13.27%
Associate Co.'s stake- 10.00%
Public 5.61%
Others 2.68%
Will Co. B be termed as a subsidiary/ group co. of Co. A?
Please give the legal view.
can some one please give me the format of section 25 companiy ie., company not for profit.
Transfer of Shares to NRI