can anyone guide me on this :

1. the funds had been flown from XYZ Pvt Ltd to ABC Energy Private Limited on 31-08-2012.

2. the said funds were floated against issue of CCPS shares at a premium of Rs. 55/- apart from face value Rs. 100/-

3. the AGM for 31-03-2012 balance sheet was held on 29-09-2012 and the Annual Return in Schedule V was made with ROC until 29-9-12

4. we could not have conducted any Board Meeting or Extra Ordinary General Meeting or could not have noted any allottment or change in denomination of preference shares from Rs. 10/- to Rs. 100/-. since the then existing preference shares were mentioned in Annual Return until 29-09-2012 (the AGM date) was Rs. 10/- face value.

5. we can conduct the EGM only on or after 29-09-2012 or even on 30-09-2012 and file Form # 5 and 23 on a current date

6. the allotment of CCPS shares with premium can also be done on 30-09-2012 by planning the dates properly

7. the technical question arises here; that funds are received on 31-08-2012 in anticipation of CCPS : the only problem here is how to securatize such funds received in ABC Pvt Ltd in the books of ABC and XYZ.

8. Technically, we dont have any other option but to file the reclassification of preference shares on 30-09-2012 and also allot new CCPS shares on 30-09-2012. accordingly, we will proceed to file Form # 5, 23 and 2 in due course of time.

1. In ABC Pvt. Ltd., if a person, who is son of Managing Director is to be appointed as Executive Director on following different situations :
1. on remuneration not exceeding 50,000
2. on remnueration exceeding 50,000.

What will be the procedure for the above situations?

2. If that son is already appointed as Director but now to be designated as Executive Director with remuneration of Rs. 1,00,000. What will be its procedure?
Thanks.

Dear sir/Mam,
Please give your opinion for the following matter,

i) Can a director sell company's property to his wife or relatives?

ii) If yes, what are the formalities and how value is to be fixed?

iii) If these formalities are not complied with, what is the consequence?

Kindly, help us with your advice and send the bill for professional services.

Thank you.

Yours faithfully,

Can you explain me what is all about by one person company?

can subscription shares be subscribed at premium at the time of incorporation of the company..

Can the GM(HR) of the holding Company be given the powers to appoint, promote,terminate and hold disciplinary proceedings of the employees of its Subsidiary Companies?

i have digital signature...

i am trying to create my user id on mca21 website... but unable to do it.....

when after filling all the details and after uploading digital signature....

when i click on CREATE MY ACCOUNT... STILL THERE IS A ERROR SHOWN THAT "DIGITAL CERTIFICATE IS MANDATORY "... I DNT KNOW WHAT IS THIS ERROR EVEN I UPLOADED DSC SUCCESSFULLY....

I HAVE ALL THE REQUIRED SOFTWARE'S FOR DSC......

I AM WAITING FOR YOUR REPLY....

THANK YOU.........

For the purpose of calculating limit under section 293(1)(d), should the balance under profit and loss account be taken along with general reserve in finding the free reserves of the company?

Sir/ Mam

pls provide me with a format of notice to be sent to members under section 257 (1A)

secondly, if 14 days before AGM date falls on a sunday, can it be taken as the last day for receipt of notice by company?

DEAR EXPERT,

CAN A PRIVATE LIMITED COMPANY ADOPT DEPRECIATION POLICY AS PER RATES PRESCRIBED IN INCOME TAX ACT.
OR BOUND TO FOLLOW RATES AS PRESCRIBED UNDER SCHEDULE