Hello Experts,
A pvt. Ltd. Company can hold 15
Directors but after passing special
Resolution it can hold more then 15
Directors, i want to know after passing
Special resolution weather company can
Hold upto 50 directors or not,

Regard
Mudit jain

can shares of government company listed in stock exchange?

Hi ExpertsWe want to change our object clause totally i.e. any single object of existing MoA is not required.Is the procedure same to change object clause completely?Does it require any special indication in resolutions?Do we need to get MoA updated as per Companies Act 2013 first?Your advice shall be highly appreciated.Thanks, Nitin

Hi Experts

I have to get shares transferred of a Private Limited company from Mr. A to Mr. B. The paper work is almost completed but, just have the queries in respect to endorsement of share certificate.

The required details have been filled in at the backside of the certificate. But it contains "Initials" and "Authorised Signatory" fields, who'll sign these two fields.

Thanks, Nitin

While issuing the new share certificates to transferee in case of share transfer, how to mention the distinctive numbers. whether it should be same as in original certificate surrendered by transferor OR new numbers?

Sir I have filed inc-1 for company name approval to Mca on 13 April 2016 but till date its status pending for approval .almost 7 days leapse but I didn't received any mail to ROC for re submission. So but can I do for further action .

An employee resigned from service end of Jan'16. Till date the company has not issued a release letter and his final settlement is also due. Now the company intimates the employee that they will initiate disciplinary proceeding against him. Query is - is there any time limit within which the disciplinary proceeding against ex- employee can be started? Is there any specific case laws which can be cited.

Dear Members,

I have a query regarding Resignation of Auditor. Our CA surrendered his COP in March, 2016 and now, he is not eligible to sign the Balance Sheet as Auditor. So, whether only Board Meeting is sufficient to Resign the Auditor and Appoint new Auditor or EGM is to be conducted for this Resignation and Appointment ?

An early reply is needed.

Wish to have a clarity on treating Pvt Ltd Company as public company.

Example: ABC Pvt Ltd is a subsidiary of XYZ Ltd (public Company) and is to be treated as public company though it is a pvt Company by definition of Public Company u/s 2(71) of CA 2013. (This is clear by the definition).

further, MNC Pvt Ltd, which is subsidiary of ABC Pvt Ltd, will definitely, also a subsidiary (step down subsidiary) of XYZ Ltd (Public Company).

In my opinion, this MNC Pvt Ltd, though it is a subsidiary of a public company, need not be treated as public company because it is immediate subsidiary of XYZ Ltd, which is Pvt Ltd Company by virtue of its articles(though its a deemed public company).

I wish to have opinion on this, to what extent we should consider Pvt Ltd Company as public limited company. Especially in the case of step-down subsidiary as detailed in the above example.

If the step down subsidiaries of Pvt Ltd Companies also to be treated as public limited companies, then every small pvt ltd company is also required to comply with the provisions which is applicable to public limited companies, which is senseless and huge compliance for such small companies.

Please guide.

A company has given loans more than the limit prescribed under Section 186 in F.Y. 2014-15. No MGT has been filed. What is the possible recourse that can be taken. Also can anyone provide a format for resolution to be passed under Section 186?