ours is a private limited company and as my managing director will be extensively on touring always,he wants his father (who is no way related to the company)to represent in various legal matters. now my query is can we pass a board resolution appointing his father as an representative and if not, suggest me the suitable option?

mail me @ ahmedicmas@rediffmail.com

If a company provides security on behalf of anothr company to any bank u/s 372A, then is it compulsory for the compay to create a charge u/s 125 of the company act.

if yes , then which company will create charge on that asset and why ?

plz reply me soon

My company(public, unlisted) wants to compound the offence relating to no. of minimum directors which was 3 but in AOA minimum no. is mentioned 4. wat would be the penalty ?? is it wise to compound the offence and get it done with ??

HELLO GOOD MORNING,

1. WHETHER A PRACTICING CHARTERED ACCOUNTANT CAN BECOME A MEMBER OF BOARD OF DIRECTOR OF A PVT LTD WHERE HE IS NOT STATUTORY AUDIT OF THE SAME COMPANY.

2. CAN HE DRAW A REMUNARATION ON MONTHLY BASIS

WHAT IS HIS POSITION IN THE COMPANIES ACT AS WELL AS CHARTERED ACCOUNTANTS ACT POINT OF VIEW

REGDS
RCN

hello,

can any one tell me what is the difference between limited co. & pvt. ltd company.

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?