Viral Mehta
17 December 2012 at 17:04

Deposits

Hello Experts,

Can a public company accept the deposits from a Director who is ALSO A SHAREHOLDER of the company?

If not, how can it rectify the default?



Anonymous
17 December 2012 at 15:37

Resolutions

Is it necessary in Board meeting held to pass the following resolutions every year regarding :
1)Approval of assets bought and sold during the year
2)Approval to directors Report
3)Approval of Accounts
4)Date of fixing the Annual General meeting

or Minutes can be prepared of every year without including these resolutions?


Ridhi Jindal
17 December 2012 at 15:27

Director

Hi..I want to know the consequences when a in a private limited company with 2 directors, one of the directors dies..!!

The company is to be winded up now...so is it mandatory to appoint a new director to make the count 2..and then carry on the winding up formalities..??

Please help..!!


CA Ashu Tayal
17 December 2012 at 12:43

Board meeting

A PVT. CO. REGISTERED ON 4/12/2012 AND IF A BOARD MEETING IS TO BE HELD ON 10/12/2012 THEN WHEN WE SHOULD GIVE THE NOTICE FOR THE MEETING TO BE HELD ON 10/12/2012


abhilasha jain
17 December 2012 at 12:38

Managing director

If a Public company intends not to reappoint a person as Managing Director/ Whole Time Director after the expiry of 5 years tenure, What is the procedure of it.

and what to be done if 5 years tenure completed on 2007 and no procedures(like filing 25C) followed for reappointment or non reappointment and MCA is showing the designation MD or Whole time Director till date.



Anonymous

Hi all,
I want to know the procedure to be followed for transfer of shares of a private limited company from one person to another person.
is it registered any where?
where is the stamp duty amount to be paid?
is it necessary to Form 7b stamped at ROC?


Bhavesh

My partnership firm having 5 partners is to be converted into private limited..
Tell me the detailed procedure with all the forms, requarments & pre-cautions..!!


abhishek agarwal
15 December 2012 at 17:20

Normalising a srike off co.

there is a private company whose last annual filing was done for 2006 after tat no return is filed ... and the status is showing a "strike off" in the master data.. AND there the in signatory details only one director is there Now wat is to be done... There is no way other to make the company active other that goin for EES



Anonymous

Dear Experts,

In an Unlisted Public Company, how can a person without being a Director have whole authority relating to Fincance?

Can a Board delegate the reqisite powers to him without any formal designation/position of that person in the company?


Ramesh
15 December 2012 at 14:33

About government subsidy

One of our Client had got a subsidy of Rs. 2 Lakh where i have to show it in balance sheet (as per New Sechdule VI) if i am following capital approach as per AS 12

can i add it upto capital reserve or please tell me the solution






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