CS Seema
18 July 2013 at 11:54

Form 23b

Dear Experts, please tell me whether filling form 23 B is compulsory for government company .is there any mca notification. please tell me the date of notification


ramandeep kaur

A whole time director who was appointed as the the joint managing director of the company from August,2010 to August,2013 for a period of three years with a remuneration scale of 50,000 p.m to 1,00,000 p.m with authority to the board to fix his salary within the above mentioned scale from time to time with annual increment on merit basis with perquisites and allowances will be given in addition to above.

Now we want to re-appoint him as a joint managing Director for a further period of 3 years with a basic salary of Rs.86,900 p.m with increment as may be determined by the board of Directors from time to time not exceeding Rs,1,50,000.Perquisites and allowances will be given in addition to above

please guide me regarding the following. for what term period can he be re-appointed and please provide us the draft resolution for the purpose and what all approval and forms are required to be filed?


ramandeep kaur

A Director who was appointed as executive Director with effect from 5th August,2010 to 4th August,2013.Now if we want to re-appoint the same director as executive director in ensuing AGM what would the procedure and for what term can he be re-appointed.Please provide us the draft resolution for the purpose and what all approval and forms are required to be filed?


CS Anuj Solanki
17 July 2013 at 23:57

Typically mistake

I incorporated a company which date of incorporation is 26/07/2013. Now I have found that when I file form 1, a typical mistake occur in name, will be minor different in Article of Association.
Please suggest me appropriate solution of this. Can I file form 23 and adopt a new article before first board meeting of this company. Can I rectify this mistake in first board meeting of the company.



Anonymous
17 July 2013 at 17:53

Directors remuneration u/s 198 & 199

Hi
Our company is public limited company. We have paid remuneration to Managing Director more than 20% of company's profit.

Can any one advice that waht will be adverse implication due to this and what steps company should take in future for not viloting sec 198 of the companies act.


piyush joshi

my annual accounts signing date is 28may & notice of agm is going to sign on 27 july .. is it accoding to act. or any contravention of the act...

waiting for your precious reply.

piyush joshi
09893859696


MUKESH JOSHI
17 July 2013 at 16:12

Disclosure in case of listed company

I want to know that if a person is a Director in a Listed Company and he is making investment in other Listed Company in way of purchasing shares etc. from his personal account then whether he required to make any declaration/disclosure in this regard or not.


Vikas C Dond
17 July 2013 at 13:20

Dividend to director

Hi ,

I am a director and pramoter in a pvt ltd co. can i get dividend ?

If yes than what is the formalities to be done ?

What is the limitation for Dividend ?


CA PRIYUL SHAH
17 July 2013 at 12:01

Director

What is time limit for filing intimation of appointment of director in private limited company ?

If it is not done within time than what is penalty ?


CA. BIJENDER KR. BANSAL
17 July 2013 at 11:14

Penalty u/s 629 a

Dear Experts,

One company defaults the provision of Section 297 last 3 years back.
There is total 10 Director out of which 5 director whole time.
Now company go for approval of CG u/s 297 and compounding u/s 621A.
There is five associate concerns from which company are doing transaction covered u/s 297 last 3 years.
Now my question is that how much maximum penalty can be levied by RD/CLB ?
Please reply






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