Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

Query

A private limited company had Board Meeting on 29/12/14 and convened AGM (belatedly for FYE 31/03/14) on the same day.

Company has two shareholders (and they are the two directors too).

Both the shareholders have given their consent for holding AGM at shorter notice.



Please confirm, whether there is any non-compliance in holding AGM at shorter notice.

Your reply, please..............

Thanks in advance for possible replies from all concerned.

A PRIVATE LIMITED COMPANY HAS ONLY TWO DIRECTORS, WHO ARE RELATED TO EACH OTHER AS FATHER AND SON. COMPANY WANTS TO APPOINT ONE OF THE DIRECTORS TO BE WHOLE TIME DIRECTOR. AS PER SECTION 196 OF COMPANIES ACT 2013 BOARD OF DIRCTORS CAN APPOINT WHOLE TIME DIRECTOR OR MANAGING DIRECTOR SUBJET TO APPROVAL OF GENERAL BODY MEETING. IN THIS CASE BOTH THE DIRECTORS ARE INTERESTED IN THE RESOLUTION HENCE RESOLUTION CANNOT BE PASSED IN BOARD MEETING DUE TO LACK TO QUORUM OF UNINTERESTED DIRECTORS . CAN WE APPOINT ONE OF THESE TWO DIRECTORS, WHO ARE RELATIVES OF EACH OTHER, BY PASSING AN ORDINARY RESOLUION IN THE COMMING ANNUAL GENERAL MEETING OF THE COMPANY AS SPECIAL BUSINESS ITEM AND WITH EXPLANTORY STATEMENT U/S 102 OF CA2013. PLEASE ALSO SUGGEST PROCEDURE FOR DOING SO. SUNIL JAIN

Hello everyone, i am trying to update the digital signature of director. but the "select certificate" button is not working and i am unable to select the digital signature certificate ? i have downloaded the java latest version. what should i do ? waiting for your reply urgently

whether the internal audit becomes compulsion on company or not

Dear Learned Members,

Kindly enlighten if, constitution of a complaints committee under section 4 of the prevention of sexual harassment act is applicable to work places with 10 workers or is it 10 female workers, i.e., is a company having more than 10 workers but less than 10 female workers is liable to constitute a sexual harassment complaint committee or not?

Hello Sir/Mam

What would be the formula for rate of depreciation if the residual value is NIL?

Is the provision of charging Different rates of Depreciation for assets which are put to used for less than 180 days & more than 180 days applicable as per new Act also?

Dear friends,

a private limited co. in which two director are equally hold share capital of Rs. 50000/- each . one director on them want to transfer his share capital to second director and also wants to resign from director office.

my question is whether the director who wants to resign and transfer hi share is liable in future for any activity done by the company in past before his resignation.

Thanks

Hello Sir/Mam
I need a clarification on Schedule II depreciation rates.
For a company which was formed only in 2014,can I divide the cost of the asset by the useful life prescribed under the new schedule for arriving at the depreciation?

Or am i supposed to use the formula ((1-(residual value/WDV)^(1/remaining useful life))*100%

REGARDING DIR-5 THAT MY CLIENT IS A DIRECTOR AND HE IS EXPIRED NOW, SO WE HAVE TO FILE DIR-5. AND OTHER DIRECTOR OF THE COMPANY CAN SIGN INSTEAD OF HIM IN THE DIR-5 AND RD-1 FORM..NEED TO RESOLVE THE QUERY AS SOON AS POSSIBLE.