In a company with two directors (both shareholders), 1 director wants to exit from directorship and also sell the shares. Since Pvt Ltd n3eds minimum 2 directors first Board will appoint an additional director at BM (this additional director is spouse of director who will stay back) and then director who wants to exit will resign.

Now my query is:


1. Will additional director be counted for minimum 2 directors limit in pvt ltd. Since he holds office till AGM, during AGM there'll be only one director right? Isn't this non compliance?


2. Are there any filings or declarations to be done in case directors are related (like husband and wife)?


Thank you friends.

Sir/Madam
Kindly provide guidance
Additional Director appointed on 01/09/2015 and not regularized till now. Showing as an additional Director in the Company on the ROC portal .
Now how to regularize this Additional Director .
Or what steps to be taken?
Please provide your able guidance
Thank You in Advance.

In a private limited company date of signing balance sheet for FY. 19-20 is 28/12/2020 ,
Last AGM date was 29/09/2019, so now as per 15 months norms it should hold its next agm by due date 28/12/2020,

My query is :
1) Will it be correct if it hold agm on 28/12/2020 ?
2) Will it be correct if it adopts the balance sheet of FY.19-20 signed on 28/12/2020 in the AGM held on 28/12/2020 itself ?
3) Will it be able to comply the requirements of shorter notice for AGM ?
4) Is it compulsory for it to file MGT-14 for the shorter notice intimation , or just mentioning about shorter notice in the directors report is enough compliance ?

What are changes in the board meeting requirements for private companies, for 2020 due to covid19?

Is it mandatory to hold virtual meetings

While filing MGT-7 list of shareholders are not attached and in the return column for No option is ticked. Now how reasons are to be indicated in the return separately?
The above return was for subsequent year and not for year of incorporation

Hello,

I would like to register a company, but the SPICE+ form only allows me to submit the "Main Division" (2 digit) part of the NIC-2004 code. How will I be able to submit the full 5-digit NIC code for my company, because I see that company CIN numbers have 5-digit NIC codes and not 2-digit codes?

Thank you

Sir
Can I use paid up Capital of a Private Ltd Company for paying expenses like fine for not filing GST Nil returns on time.
Thanks

For the financial year ending 31.03.2020 the AOC-4 and MGT-7 have not yet filed. Not applied for filing due date extension. In this circumstances, please tell me the way how can I file the above forms?

Can I appoint a new whole time director in an EGM other than filling up any type of vacancies in a pvt. ltd. company?

Kindly let me know the procedure of appointing a whole time director in EGM of a pvt. ltd. company.

firstly share application money can be received in the company account and the allotment is to be done....pas 3 will be counted form which date ?