Kindly let me know the various provisions applicable in case of providing managerial remuneration in Private Ltd. Companies. I want know whether there is any ceiling limit, and also the applicable provisions in case of loss. Also the TDS amount to be deducted???

Some experts please reply urgently.... This is urgent in to close our books of accounts

Dear sir,

we are having a private limited company with 2 directors. 3 years back my friend had given us rs. 20 lac as a loan without any interest or agreement by cheque.

which we have paid back to him last year by cash in different amounts by installement within 10 months.

now my CA says that being a private limited company we cannot take loan, and also cannot pay in cash.

Please let us know, how to solve this problem. We have shown in our accounts as unsecured loan.

A pvt. ltd. company having 3 members- A,B & C. A & B holds 24.5% shares each and C holds 51% shares. A & B are directors of company. C wants to call a EGM. Can C call EGM? Can EGM will be valid if only C is available at EGM and that EGM is called by requisition of C?

Query:-
In Existing Pvt Ltd Company what are the procedure to appoint a director & when we requires to file Din 2 & Din 3

Kindly give me the latest extended due date for filling cost compliance report for F.Y. 2011-12. As early as possible.

Dear sir,
I have filed a form 8 for creation of charge of a company, but by mistake i entered the date of sanction letter in the place of date of charge creation, correct date of charge creation is march 28 2013, so that can i file again the form with correct information or i need to do els, please resolved.
Regards
Nilesh
Raipur.

In a Private Company, a person was appointed as Executive Director for period of five years and his term has been expired.In order to reappoint him on the same designation i.e Executive Director what will be the procedure to be followed?

1. Form 32 is required to be filed again?
2. Can we reappoint him by passing resolution in Board Meeting?

pls state the whole procedure to be followed?
thanks.

Dear All

Can a board delegate powers to Chairman to form committee as per companies act?

Can a person other than Director or Employee of company be appointed as authorised signatory of the company.

I want to know how a director of a company, being the managing director can resign his post and forgo his membership and walk out of the company with the investment and returns on it if any. the company is a pvt ltd company and total number of members is 7, registered in financial year 2010-11