there is ceiling for managerial remuneration for public companies. but pvt companies are not subject to pay according to provisions of section 269 and schedule XIII.

so if a person is managing director in a public company and a private co. what will be his total remuneration???

he can draw remuneration without any ceiling from a private company???

Hello Friends,

What is the procedure for removal of Director who is appointed for life time. i,e the first directors of the company

Be it a Pvt Company or Public Company

Plz reply its very urgent

I am trying to upload this form but getting the message that "certificate is revoked" though certificate is valid. What to do?
Also not able to upload this form properly as every time message displayed "presrcutiny error occured" Plz guide.

DEAR SIR,
I WANT TO KNOW THAT AN M.P., MLA OR ELECTED MEMBER OF MUNICIPAL CORPORATION MAY BE A DIRECTOR IN A PVT. OR PUBLIC COMPANY.

PLS. GUIDE ME.

THANKING YOU

Whether it is mandatory to mention in resolution the amount/package offered as remuneration to appointing director in a private limited company, please suggest and provide the format of such resolution, thanks.

as per companies act, dividend is to be paid on face value..but why not to pay on market value if company passes a resolution in AGM i.e..a special resolution.

sir/madam,

what are the consequences if application money received form NRI which has not alloted within six months?

for related parties have any provisions regarding above subject?

what are the various ways by which a director who is promoter and shareholder in company can be removed when he is not acting in interest of company??

in a private limited company:
if there is no clause mentioning forfeiture of shares then can a company forfeit shares according to table A??
or is it necessary to first amend the clause in article and then follow the procedure given in table A??

Dear Sir/ Mam

Can i circulate minutes of a meeting taken place amongst directors for its valid implementation under 289?

meeting was held basically as an action taken of a board's decision on a matter. pls advice