Hello Sir
I had formed a pvt ltd company with 3 directors, we had the company registered and got our CIN no also. In the meantime we had some issues with one of the director and had to stop further progress. Today we we have the CIN no and want to go forward with the other formalities and roll out our services under this new company, but we also do not want this 3rd director to be a part of this new enterprise.
His name had appeared in the draft of MoA & AoA, till now no shares have been issued to anyone, though while applying for the registration, we had provisioned for 40% shares in his name. the Share Cap of the company is 1.00 lac. The company is also registered in his residence address.
How do we remove this gentleman name from from our MoA & AoA, please advice.

Please help me on this issue
Whether form 5 is to be filed with ROC only for increase in authorised share capital or is it required to be filed for increase in paid up capital also, within the limit of authorised capital?

Hello Everyone!

At the time of re-issue of forfeited shares, there is a requirement that a company can re-issue shares at discount but the amount of discount should not exceed the amount already forfeited. My question is where in Indian Laws or Rules or Regulations, such requirement has actually been provided.

Please Rly

Thanks and Regards

An indian co wants to invest in the shares of a foreign subsidiary co.
What are the norms to be complied by the indian co. wrt to company law, RBI, etc.

Is there any reference to any provision.

Thank you

Suppose a Private Limited company has taken certain amount from an individual who is an outsider say Rs. 25 lakhs. The company is using this amount for buying and selling goods.What should a company do so that it does not Violate the Companies Act and Companies Acceptance of Deposit Rules, 1975?
Should it return the money within certain time period?
Should it make that person a sharholder?
Or any other option to avoid violation?

can any one provide me with a board resolution for opening of bank account for gratuity fund.

A Public company has not floated its shares in public . All of the shares are held by its directors or the relatives of such directors. That company is paying remuneration to its directors because as per schedule XIII part B.As per the Companies Act ceiling limits of the said Schedule requires certain disclosures are required. But the company is not preparing Annual Report.My Question is
whether it is necessary for the company to attatch the Annual Report
How would the disclosures would be checked by me

Can a share holder of the Private company also lends Money as the Unsecured Loan to the Co.????

Dear Sir/Madam,

Kindly request you to solve the query to the erliest.

A pvt company has provided a director foreign tour with his family and the company is paying all the expenses. what are the limitations under companies act and how shud be the accounting treatment?

I Had filed a petition U/s 141 for Condonation of Delay of 23 days in filing Form 17 for satisfaction of Charge.

Now my hearing is fixed for same.

Please let me know that whether I have to personally attend the hearing or is there any other way.

Please also provide information regarding place/Office Address of MCA where hearing shall b e made if petition is filed before C.L.B. New Delhi.