The Companies Act, 1956 amended effective December 2000 stipulated that existing private companies are restricted from acceptance of deposits from the public.However,Rule 2 clause (b), sub-clause (ix) of the Companies (Acceptance of Deposits) Rules, 1975 permits:
" any amount received from a person who, at the time of the receipt of the amount, was a director of the company or any amount received from a relative of a director or its member by a private company "

The question is whether Private Companies formed prior to this amendment,are required to amend the Articles with regard to the restriction to invite deposits from the public ?

Regards,
Rajiv Kaicker

i filed form 1, 18 & 32 for incorpartion of Pvt co. I Recevied a mail in which Roc has mentioned two defects in MoA & AOA.My qus. is Whether stamp duty is requried to pay again with Amended MoA & AoA.In Mail, there is no point regarding Stamp duty paid again or not??? pls help

Hey all plz help

I want to incorporate a ommodity trading company is there any approval for the same required before filing Form 1A with regards to point 10.

Hey all

can any one help me with the main objects of Software company

and also it shd be related to mobile

bcz the main company is mobile company

As per some of study done by me I have a view that an Individual cannot be appointed as a whole-time director of two company at a same time. And in our case MR P is already a WTD in two Company ie., A LTD & B PVT LTD and know Further, it is propose to Appoint MR.R as WTD in B PVT LTD who is already a WTD in A LTD. I have a doubt that we are not in a lawful compliance of Companies Act, 1956 relating to appointment of MR R as WTD in B PVT LTD. FURTHER A LTD & B PVT LTD as holding subsidiary relation. u can also view point (d) of schedule XIII PART I.
PLS REPLY

An individual was appointed as Director of a Private Company in 2007. Now w.e.f.2010 he is appointed as Chairman of the Board. Do we need to e-file Form 32 again for appointment as Chairman

HI FRIENDS,

I HAVE THE FOLLOWING QUERIES CAN ANYONE PLEASE HELP ME OUT REGARDING THEM:
1. I WANT TO ACCESS THE DOCUMENTS OF ONE THE COMPANIES. FOR THIS I HAVE TO PAY RS.50/-. I HAVE PAID THAT AMOUNT THROUGH THE CHALLAN. NOW KEEPING THIS HOW SHOULD I ACCESS THE DOCUMENTS.
2. MY SECOND QUERY IS, AS I HAVE PAID THE AMOUNT THROUGH CHALLAN SHOULD I WAIT UNTIL THE BANK INTIMATES THE MCA.I.E., UNTIL PAYMENT CONFIRMATION OR CAN I ACCESS IT AS SOON AS THE PAYMENT IS DONE.


Please let me know in detail regarding this. And in case any tips from your side for accessing it better please let me know.

Thank you,

Hi Every body .I want to Know how i can get duplicate company incorportion certificate

Are there any restrictions on deposits and interest thereon :

1. From Directors in a closely held public ltd. company.

2. From Partners in a Partnership Firm?

Regards,
Rajiv Kaicker

Please explain the powers of Company Law Board/Tribunal in convening the EGM - the Guidance of Judicial Rulings(i.e.- The main principles that should guide the tribunal as regards ordering meeting to be called).

Pl. explain in simple words as I am not able to understand from the book.

Thank you.