Is transfer of shares Internal matter of the company or Do we have to file any Form with the ROC??
What is the Procedure for transfer of shares??

Thanks in advance

A client has bought shares in a private limited company. She is an existing shareholder as well as a director in the company.The board of directors refused to pass a resolution approving the transfer.

What steps ,if any, can she take in the said situation?

Thanks.

Can a director be reappointed in the same company, which was defaulted in payment of debenture interest for consecutive two years?

Kindly suggest me the appropriate division of industrial activity as per NIC for the below object clause To transact and carry on the business as importers, exporters, manufacturers’, representatives, distributers, agents, brokers, factors, consignor, consignee, stockiest , commission agents,dealers, traders, service provider for the processing of the foods items, medical equipments,agriculture produce or all kind of goods, Commodities, merchandise by irradiation process and packaging of such items and import and export.
1) pls consider that the main object will be processing of the food items and medical equipment to make them disinfected and have their life longer by radiation process. So particularly its a service provider to manufacturers or traders. 2) can I use code 15? 3) whether two codes can be provided?

Whether for food items and medical equip. we need to provide two codes its 15 and 33? else only one is need to be provided?

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Hi Everybody

I want clarification regarding appointment of Internal Auditor.The Situation is as below.

Mr.V is a Statutory auditor of M/s.XYZ P.Ltd has Appointed as Internal Auditor of M/s.ABC P.Ltd which is not either Holding Company or Subsidiary of M/s.XYZ P.Ltd but the Management of both the companies are Same.whether appointment of Mr.V as Internal Auditor of M/s.ABC P.Ltd is Valid?

ABC Pvt Ltd is a private company registered in India.
It has issued 100 shares. Out of which the 99 shares are held by XYZ Ltd which is a company registered in Mauritius and 1 share are held by XYZ Ltd and By Mr. Ram (Indian Individual) Jointly.
My query is that can such type of shareholding pattern is correct as per Companies Act 1956.
Because XYZ Ltd percentage of holding has become 100%
Our auditors have raised objection in such type of shareholding pattern.
They have advised us to make Mr. Ram as first holder of the shares which are jointly held by XYZ Ltd and Mr. Ram.
Kindly advice as what shall I do.

ABC Pvt Ltd is a private company registered in India.
It has issued 100 shares. Out of which the 99 shares are held by XYZ Ltd which is a company registered in Mauritius and 10 shares are held by XYZ Ltd and By Mr. Ram (Indian Individual) Jointly.
My query is that can such type of shareholding pattern is correct as per Companies Act 1956.
Because XYZ Ltd percentage of holding has become 100%
Our auditors have raised objection in such type of shareholding pattern.
They have advised us to make Mr. Ram as first holder of the shares which are jointly held by XYZ Ltd and Mr. Ram.
Kindly advice as what shall I do.

Is a Director can inspect the minutes of Board Meetings after resignation from Directorship of the period in which he was Director?

Kinsly advice.

A a director of X Ltd.,Y Ltd., Z Ltd., has defaulted in repayment of interest on Public Deposit for more than 1 year.Whether A can be reappointed as Director in all of the above mentioned Companies?
please answer as soon as possible.

can a company file form 32 for company for appointment for same time or for other time without cessation of first CS. ?