Is it compulsory to have atleast one Managing Director in a Pvt. Ltd.?

Can all directors be normal and not keep any M.D. ?

Is this possible ..
Pls Suggest

A Company's ROC filing forms are not done for last 5 years. How much additional fee penalty will it have to bear for filing under Company law settlement scheme 2014.
Kindly help at earliest...
Thanks..

Hello Everyone........!!

Few days back i had applied for the name approval of a newly chit fund company in Form INC-1. but ROC rejcets it and sent for resubmission error shows:-

FILL UP COLUMN 15(a) AS YES SINCE THE ACTIVITY REQUIRES THE APPROVAL OF ANOTHER REGULATORY AUTHORITY.

Now i have resubmitted the form by ticking column 15(a) as YES and name also gets approved. but i have not attached any approval letter because it can be attached while uploading FORMS INC 7, 22 and DIR 12.

Now from which regulatory authority am i required to take a approval. and is it necessarry because chit fund company is a residuary NBFC and not carrying any type of business which other main NBFC carries.

KINDLY REPLY ITS VERY URGENT.......

Can a Director of a pvt. ltd. co. be treated as WTD on the basis that he is drawing salary ? Or is there any formal procedure to appoint a Director as WTD ?

Is there any requirement of informing the ROC (vide any form) that a Director is appointed as a WTD in case of a pvt. ltd.co. under the Companies Act 1956 & 2013 ?

One of my client wants to incorporate a Private Limited Company in India. He wants to use the name of his own existing Proprietorship which will exist even after incorporation of the Company.Kindly provide me the format of NOC

removal of the auditors can be done without the approval of the central government after the completion of financial annual year by the auditor


importance of the consent of the auditor
consequences if the consent were not received by the auditor as he was absent in the AGM. and will it be assumed that the auditor has been rejected the appointment of being auditor for next day.

what steps can be taken if auditor not giving consent and consequences for being abcent in AGM

Dear Sir/Madam,
cab remuneration paid to Whole Time Director is considered as Related Party transaction.

Dear All,

Can an individual, as a director of the companies, sigh the board resolution of two company.


Please reply,

can anyone tell me that on which form i have to inform that my office have been shifted.

Dear Experts
It is presumed that the in the Board Meeting either Director or Secretary should place an agenda but in Govt Companies Directors are reluctant to sign anything.
The Agenda is being placed by the Head of Departments under their signatures.
My query is, does this placing of Agenda for Board Meeting anyone other than Director constitutes assignment of Office.