Can an additional director be appointed as a whole time director??? if yes please explain me the process which needs to be carried out..... also explain if there is need to file a revised form 32 for the same... further i request you to explain me the regularization process for such an event.... this query is with regards to a Pvt co..... Please anybody reply soon

Dear All,
If in a PRIVATE LIMITED COMPANY the tenure of re-appointment of M.D. expired in October 2011, but due to some errors the re-appointment of the said director in the same position with same terms and conditions has not yet been made. what can be done to show his re appointment since Oct 2011, as Form 25c is not required to be filed as ours is a private company moreover form 32 is also not required as the designation & terms of his appointment is not changing. Please tell what procedure can be followed to show his re-appointment since October 2011 & whether Form 23 can be filed now?
PLEASE REVERT HOW CAN THIS DEFAULT BE DEALT WITH AND MADE GOOD

Some says SEc 297 of the Act is not applicable if both the parties to the contract are Public Co. in which section of the act provides this exemption or any case law is in support of this stand

also tell me a contract entered between a public ltd co and (a pvt co. which is a subsidiary of public ltd co.) deemed public co. can claim the same exemption ?

dear sir, please provide full Moa and Aoa of co providing only consultancy regarding
1)portfolio management
2)currency sale pur
3)shares sale purchase
4)security sale purchase
5)commodity sale pur
etc.
Please Note: CO is not in sale or purchase of all above it will provide only consultancy regarding this.
kindly provide this information in word format.

Thanks
Email Id: sksunilkumar139@gmail.com

What ere the various statutory douments required by ROC from a manufacturing pvt. Ltd co.Plz. let me know. It is so urgent query.

Please guide us on the following:


Sec 289 reads no resolution shall be deemed to be passed by the Board or Committee by circulation unless the same has been approved by such of the directors as are then in India or by a majority of such of them, as are entitled to vote on the resolution.


So in order to pass the resolution should it be approved by all the directors if all of them are present in India or by majority of them, if some of the directors are living outside India?

Dear All,
I need to Issue 18 % Cumulative Non Convertiable Reedemable Preference Shares. We have already Printed Shares Certificates Printed but before franking of Sahres and issuing smae to teh share holders, follwoing are my queries:- 1) Do we need to attach Terms of Issue along with Preference Share Certificate 2) Does Terms of Issue needs to be Franked and 3) Who will sign the Terms of Issue ? Director of the Company and Share Holder of Share Certificate or Only Director of Company. Its Urgent , Please Reply for above mentioned queries.

Sir,

For One of my client , which is a pvt ltd company.,, I had filed form 8 for filing the charges for the loan taken from a nationalised bank., In the receipt ., it said that there is a delay of 107 days in filing of the charges., and condocation from CLB is required., so for condonation of daly.,
which form is to be filled and how to file that

thank you in advance sir

As per the RBI Press Release dated April 8, 1999, The company will be treated as a non-banking financial company (NBFC) if its
financial assets are more than 50 per cent of its total assets (netted off by
intangible assets) and income from financial assets is more than 50 per cent
of the gross income. Both these tests are required to be satisfied as the
determinant factor for principal business of a company.

Can anybody tell me, What is GROSS INCOME? is it the Total Sales + Interest Income/ Gross Profit / Profit Before Tax?
For Example Company A is a manufacturing concern. During the year Total Sales is Rs. 500 Crores. Interest Income Rs. 100 Crore. Profit Before Tax Rs. 180 Crore. Whether it is NBFC?

Appointment of WTD u/s 198, 269,309,310 of CA'56 requires form 23 to be filed after his appointment.

query:

1. it is to be filed after the board mg. where his appt. is made and the draft sevice agreement was approved? OR

2. It is to be filed after the P.Ballot or GM ?

3. If answer to 1 is yes then should the agreement be attached? or to be attached to form to be filed after approval of the members?

4. What if the C.G. approves his appt. and remuneration differently.?