Dear Experts,

Can anyone please tell me the procedure of removal of director in a private limited company.
there is one company ABC media pvt ltd. there are 3 directors A B C. company wants to remove director C he is holding 20% shares in a company.
how to remove this director? and what should be the step wise procedure. and how can these 20% shares be transferred in the name of Mr. A.. the share transfer should be done first or the removal can be done without transferring the shares??
please help.

Rule 8 says that a listed co. And other public co. Having paid up capital 10 crore or more shall have KMP and read together 8A says that "other than a company" Covered under rule 8 which has a paid up capital 5 crore or more shall have a whole time CS ...... My question to all my friends and worthy experts is that
1- whether pvt. Ltd co. Will be included in "other than company" or not....... ?
2- whether CS appointed by unlisted co. Having paid up capital exceed 5 crore but below 10 crore shall be treated as KMP or not......?

U/S 203 whether MD and manager together can be appointed as KMP in a Company or not

Please tell me the meaning of sec1(3) of c act 2013."any reference in any provision to the commencement of this act shall be construed as a reference to the coming into force of that provision."

Dear Experts

I would like to ask a query that our company has received advance amount of Rs. 20 Lacs from foreign country against supply of goods about 3 years ago. it could not supply goods to them due to any reason. Now such amount is standing on liablity side of the B/S as advance from customer.as such amount falls under deposit as per rules, therefore we want to write off such amount before 31.03.2015. my question is

whether we can write off such amount? during written off, is any provisions of FEMA hits? can it written off under which AS if any?

Hello, i want to close my private limited company formed in 2009 in Bangalore. Formed by 2 directors but now both of us want to move into different line of business. We have not done any business in the last one year. We have also not made any profits since the company was established.

Please let us know the process and least expenditure with which we can close the company. Would it require paying tax till this year and then only initiate the formalities or can it be done without taxes as there has been no income.

We are ok to sell the company if someone is interested.

Please help me with the following query-

" The company settled the loan with the Bank in year 2008 and received no due certificate also but the company has not filed with the ROC satisfaction of charge form. But the company wish to do the same now."

What is the remedy now and what procedure we have to follow. Please advise on urgent basis. If someone has faced the similar problem please mail me also the detailed procedure.

As per section 101 of Companies Act, 2013, a proxy should be deposited before 48 hours of the meeting, my question is that -----

Can a EGM be called at shorter notice of a day where time gap between notice and EGM is only 24 hours ( Approximately)???

Can EGM of private Company be held on Sunday?

Respected Sir

A Company stopped operations after 31.03.2010. and cleared all its liabilities , debtors and closure of bank accounts upto 31.12.2010. After that no statutory returns filed in MCA or Income tax. Now we want to close its company under FTE scheme. Can any penalty for non filling of returns in MCA after 31.03.2010.or We can close it under this scheme.
Thanks in advance.