explain EGM U/S169

Hello,
This is Alok,
My queries are as follows :
01) There is one Pvt co. in which there where
2 directors out which one is died. What
procedures have to follow in this case.
02) Since after death of one director only
is alive and he wants to close the
company what is procedure to do so?
03) Whether this company can avail the
benefit of Fast Track Exit Mode Scheme
(AS this scheme is formed by MCA U/s 560
of the companies act)

Thank You in Advance

I am preparing statutory register 301 register of contract, I am very confused how to fill details like directorship in other companies:

So my question if A is director in 10 companies then all companies details should be entered or not?
When I see other register I saw that A is director in 10 companies, but only entry in register 301 is 5 companies why not all companies entries are there.


Please suggest and clearly deeply and how to get data for this.

surajsingh

my client has planning to take money from foreign investor to set up a new buisness in future. the same is received in currently in the pvt ltd company. the foreigner is just a investor i.e. sleeping partner.
my client has paid up necessary fees for registration of this transcation abou 1.25 lacs.

now my question is.

1. wether a pvt ltd comapny can take a loan from a foreign investor who is not a director, member or relative.

2. what procedure to be followed by the company to take amount from the investor.
3. what document to prepared .
4. which resolution to be passed.
5. can a company first issue the shares to investores and then take a loan is it possibel? because issuing share to him become a shareholder. and then we take money as a unsecured loan.

6. wether tds provision attrated to this.

pls reply as soon as possibel because it is urgent.

thanx in advane.

Respected sir,

please tell me in private company under section 297 procedure? and which details are collected regarding to section 297?

Provision regarding Loan from Directors in company law?

I am an NRI and would like to open a company,alongwith resident Indian,that can do trading/sale purchase in shares, mutualfunds, immovable property etc. in India.

How shall I proceed and what procedures I have to follow?

Can anyone please provide me the complete data of merger with check list and petition of two pvt. ltd company.

Hi,

I understand that the provisions of Section 297 of Companies Act is not applicable if the paid up capital is less than Rs.1.00 cr. at the time of entering into contract.

In the following years, the Company has increased its paid up capital beyond Rs.1.00 cr. and the above contract is still in existence without any modification to the original contract.

Subsequently after 5 years, the contracting company is to terminate the contract and at this stage the paid up capital in morethan Rs.1.00 cr.

Experts, please advise, whether the RD approval is required for terminating the contract where the paid up capital is more than Rs.1.00 cr.

Regards,

D.Mahesh

As per MCA General Circular no. 2/2011 dated February 8, 2011, Central govt Exempts Holding Companies to attach Accounts of Subsidiaries u/s 212(8) provided, holding Company complies with the conditions mentioned in the Circular. One of the Condition of the Circular is Holding Company is required to pass a Board Resolution giving consent for not attaching Balance Sheet of Subsidiaries. Is this resolution required to be passed every year or only once ??