Dear,
MY question is that a director gives services (not in professional nature)( e.g.director(however he is not a electrician) repair a genset at one time when no electrician avalabe in the market that time...) non-retainable basis.. thats also amounts to opp???????

In a private company when shareholders vote at a meeting, is their individual vote considered proportional to their shareholding (so if they hold 55% of shares, will their one vote count as 55 out of total 100)?

Can some tell me abt roc requirement to be complied with in case of new co. to be incorporated (At the time of registration n annually compliance)

Is any change in auditors, Directors reports of a Pvt. Ltd. Co. from the F.Y. 2011-12 after revised Schedule VI. If yes pl. give the draft copy of both reports.
Secondly, is it mandatory to file form 23B every year even the auditor is same.

Does Form 25A apply to payment of Rs. 50,000/- each to the Directors of the private company?

Can a Director be appointed as Managing Director on date of incorporation of the Company?

Hello members,

Kindly inform me that what is the time limit to allot the shares to the shareholders after receiving the share application money for a Unlisted Company.

Also guide me for the steps to be taken for this purpose?

Foreign company owns more than 50% shares in indian company through its fully owned company in india and wants to transfer all shares to its another fully owned off shore company.
* Will it attract capital gain?
* Will transfer of share be at amrket value or transferor and transferee can mutually decide?

Dear Sirs,

There is a public company having Rs. 50 lac as Authorised Capital. Can the company issue 500000 (five lac) shares of Rs. 10 each at a premium of Rs 40/- each? in this case:

1. What are the approvals does it have to take before such issue?

2. Does it have to increase its authorised Capital to accommodate the amount of share premium?

One of my client wants to remove the previous auditor who has audited the books for FY 2010-11 for audit of FY 2011-12. Is it possible to change a statutory Auditor appointed in AGM of a company otherwise than by taking permission of Central Government.