Anonymous

In ABC Limited,Listed company
There is a Audit commitee in which Two Independent Director and one non-executive director.One of the Independent Director is unable to sign the audit report,Then in this case who shall sign the audit report?
Also quote relevant provision(s),if any



Anonymous

Due to some technical problem,Video Recording which was done could not be retrieved. Both video and audio is not recorded. Only after the meeting got over, this was identified. Is the meeting valid? What is the remedy?


Sunil

Dear Sirs

Whether a company can become a trustee in a charitable trust


soundarya
07 November 2013 at 16:32

Applicability of section 314

MD's brother-in-law is employed as HR Manager in the Company from Sep 2011. His remuneration has been revised to Rs 62,000 from Rs 49,000 in April 2013. MD is drawing a remuneration of Re 1 per month from the company. MD is in the rolls of some other company. Kindly advise on the applicability of Section 314 of companies act.



Anonymous
07 November 2013 at 14:45

Foundation of public limited company

Basic Question

1. Basic Requirement for foundation of public limited company.
2. Structure of Director, Board of Director, Director Audit, Authorized Share capital, procedure of share issue to public. sebi registration etc.

3. The same if a company run under pvt limited company want to convert in public limited company to interest to find investors and grow the company.

Thanks
Manish Kumar



Anonymous
07 November 2013 at 13:29

Minutes preparation - pls reply

while preparing minutes for general meeting Members and directors present is compulsorily required to be shown ?

As Sec 193 provides by itself in case of Board meeting the directors present have to be shown in Minutes but no such requirement is there in sec 193 to show present members and directors in case of GM, still they are shown in minutes... so this is a practice or what ??

pls reply..



Anonymous

dear expert.... my client not filled annual return and form 23ac,66 for the fy 2009-10,2010-11,2011-12. pls tell me normal fee with additional fee to be paid. if i have option then what is. thanks



Anonymous
07 November 2013 at 11:44

Sec 185 0f companies act

Dear Experts,

Can any one provide the implication of the Sec 185 of companies act on the following transactions/cases.

1. Is Sec 185 attracts on transactions fund transfers between Trust and Pvt ltd company, where Trust and Pvt ltd co having same directors/controlling in both the entities

2. Is Sec 185 attracts only on Loan given to directors ? will it have any implications on Loan taken from Directors by Pvt ltd co?

3. Is there any liability arises on loans u/s 185 where loans given to pvt co and interest as per the bank rate charged.


Regards



Anonymous
06 November 2013 at 17:14

Resolution

Dear All,

I ahve a query like this :

A co issued Bonus shares to its existing shareholders and also new shares to the new allotees .

Can we pass resoltions for both in a single Board Meeting ?

Note : A pvt Compnay

Thanks in anticipation



Anonymous
06 November 2013 at 15:34

Removal of existing auditor

Dear Experts There is a Pvt Ltd Company. It has re-appointed its auditor Agarwal & Co for the financial year 2012-13 on 25th September, 2012. On 6th November 2013 i.e. today Pvt Ltd wants to appoint Jain & Co as auditors for same financial year i.e. 2012-13 and remove Agarwal & Co. Agarwal & Co is not providing resignation.
What are the Options available with the current auditor and the pvt ltd company in this scenario as the due for filing of income tax return , AGM and audit for financial year 2012-13 has expired?






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