Dear friends,

A private limited company wants to allot shars to its promoters to the tune of Rs 15 crores against unsecured loan provided by promoter to te company on various dates since 2000. As far as I know tehre is no restriction under the Companies Act to allot the sahres against unsecured loan. Pls confirm. Also I need a clarification of the following points.

1. Whether the shares allotted against unseucred loan to a promoter is treated as allotment against cash or allotment for consideration other than cash.

2. Whether the unsecured loan should be trabsferred to share application money and then allotment of shares should be made or straightaway we can allot the shares against insecured loan.

Looking for your promot response pls.

Thanks

P.C. Joshi

Can the company charge depreciation for the full month even if the additions is done on the last day of the month. Also can the company charge the depreciation for the full month even if the assets is sold on the 1st day of the month. It has been mentioned as the accounting policy of the company.

For Example - In case company purchase computer on 28th Sept than can the company charge the depreciation from 1st sept and if company sell any vehicle on 5th oct than can the company charge the depreciation for full month of oct.

How many Company Secretraries are generally required in a listed company

Please provide me sample object clause of private limited company having main object of educational and related services and in addition Information technology consultancy,Marketing of Information technology products and Marketing of Entertainment goods and services

Any one can help me on the topic related to "Gift given by company to some one without any occasion in cash" paid to relative or to unrealted party.

Dear Experts,

Please help in following matter,

If a casual vacancy of auditor in a company is occurred due to resignation by that auditor and new auditor is to be appointed in place of him....Please provide the procedure of it.

Kindly also provide me specimen of Board resolution regarding resignation of that auditor, EGM notice and explanatory statement and resolution to be passed in that EGM.

Company is Private LTD..

Words of reply will be greatly appreciated.

Looking forward to your kind reply...

Thanks and Regards,
Harvinder Kumar Dinker

SIR/MADAM,
I HAVE TO FILE DIN 4 BECAUSE PAN WAS NOT PROVIDED WHILE APPLYING FOR DIN 1 PHYSICALLY.SO WHEN I TRY TO PRESCRUTINIZE MY EFORM,IT SHOWS ME A POTENTIAL DUPLICATE DUE TO ONE OF THE FOLLOWING DATA DETAILS 'NAME,FATHERS NAME OR DATE OF BIRTH' EVEN THOUGH I HAVE NOT FILLED ANY OF THESE BLANKS IN THE FORM.I HAVE FILLED ONLY THE PAN BLANK AND THE EMAIL AND MOBILE BLANK,NOTHING ELSE.WHAT COULD BE THE REASON FOR THIS ANOMALY & WHAT SHOULD I DO? PLEASE HELP.

If IPO is oversubscribe then how to allot share on pro-rata allotment on the basis of category eg 100,200,300 etc.And what is marketable/trade able lot?Is this is specified in prospectus that applicants shall apply in marketable lots.

Dear All,

Good Afternoon,

1. Can a foreign national be appointed as a director in a property related company?

2. Whether LLP can become a shareholder of the above mentioned property related company? where the foreign national is holding majority of shares in LLP

Please advice

Hi...Please help me out....

While making payment of Dividend Distribution tax(DDT) for the dividend of F.Y.2010-11, Through oversight our company has made more payment of Rs.45000/-

How can I apply for the refund of the same?

Is it adjustable against future DDT liability?