Anonymous
This Query has 3 replies

This Query has 3 replies

20 September 2012 at 13:18

Section 316 of companies act, 1956

We have a Company ABC ltd. who is having MD named A. We have associate company XYZ Pvt. Ltd and its subsidary BBC pvt. ltd. It is proposed that Mr. A be appointed as M.D in both these private companies and Mr. A will continue to be MD of the public company ABC ltd.

My query is that, inorder to obtain approval of Central Government as per section 316 (4), e-form 25A is required to be filed. In this case which company is required to file form ?

Whether ABC Ltd which is a public company should file it? OR
The Private ltd. company in which Mr. A is to be appointed is required to take approval under eform 25A ?



Anonymous
This Query has 5 replies

This Query has 5 replies

20 September 2012 at 13:00

Search of 23aca in roc

please provide me the procedure to search the form 23aca submitted for a company under roc.



Anonymous
This Query has 1 replies

This Query has 1 replies

20 September 2012 at 12:21

Listing a company

Respected all,

A company is listed on two stock exchanges other than BSE, and if the company wants itself to get listed on BSE, then in what way it can be listed. Will it have to go for listing procedure for any new company or is there any other procedure to apply for listing as it is already listed in other stock exchanges ?



Anonymous
This Query has 3 replies

This Query has 3 replies

20 September 2012 at 11:15

Reduction of share capital

Ours is listed Company. We would like to demerge some investment in other company through Scheme of Arrangement Pursuant Scheme We have to issue some shares to abc (Treasury) before issuing the treasury We would like to cancel some equity shares held by treasury. Should we pass the special resolution through Postal Ballot OR we have to arrange EGM OR we have to pass through court convened meeting.

Please advice


ARUN KUMAR MAITRA
This Query has 2 replies

This Query has 2 replies

19 September 2012 at 17:58

Directors remuneration

In a closely held public ltd. company, if the remuneration paid to the directors exceeded the overall limit laid down in the Act,what will be the consequence?Will it be necessary to ask for refund from the directors?What will be the auditors duty in this case? Directors were appointed without the Central Govt.s approval.



Anonymous
This Query has 1 replies

This Query has 1 replies

19 September 2012 at 16:11

Incorporation

what are the provisions to be drafted in Articles of Association of the Company regarding Debentures in a Private Company. And what are the rights available to the Directors of the Company with regard to the Debentures.



Anonymous
This Query has 4 replies

This Query has 4 replies

19 September 2012 at 15:15

Holding

one company directors are directors in Anoyher com.
my Q is that both the companies are holding subsidiary


SABU VARGHESE
This Query has 1 replies

This Query has 1 replies

19 September 2012 at 15:01

Remunaration to md of limited company

A COMPANY HAVE 6 DIRECTORS (OUT OF THEM 1 MD).

THE COMPANY FIXES THE REMUNERATION TO THE MANAGING DIRECTOR AT THE RATE NOT EXCEEDING 5% OF THE NET PROFIT OF THE COMPANY CALCULATED IN ACCORDANCE WITH THE PROVISIONS OF 349 AND 350 OF THE COMPANIES ACT, 1956

IS THE COMPANY'S DECISION VALID?


rohini
This Query has 1 replies

This Query has 1 replies

19 September 2012 at 12:16

Acceptance_deposits_less than 6 months

Dear Experts,

This query relates to acceptance of deposits by company

The Companies (Acceptance of deposits) rules say:

A company can accept deposits for repayment earlier than 6 months subject to 2 conditions
1)Deposit not to exceed 10% of paid up capital and free reserves
2)Not repayable earlier than 3 months
Can a company accept deposits repayable in 6 months?
Also, if the Company fulfills the above conditions, does it still needs to fulfill the other conditions viz, advertisement or statement in lieu of advertisement, maintenance of liquid assets etc.

Please share your views.

Thank you



Anonymous
This Query has 1 replies

This Query has 1 replies

19 September 2012 at 11:54

Public company incorporation

I ahd applied for Name Availability and already get approval for it.
We want to incorporate Closely held Company (i.e. We are not issuing shares to public)
So which are the forms we have to submit in order of preference to get incorporation and Commencement Certificate.






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