sebi guide line on issue of non convertible debenture by a unlisted public co. through private placement to more than 50 members.

Dear Experts

If at date of the First AGM of a Pvt. Co. which is subsidiary of a public co., there is only 1 director liable to retire by rotation and the other 2 directors are additional directors, then does that 1 director liable to retire by rotation, need to retire at the First AGM as required in Sec. 256 ?

Dear Members...

In case of demise of Managing Director of Public company, is there any specific time period in which another Managing Director required to be appointed?

Thanks

What is the number of companies for ca to undertake statutory audit in case of
a) Private Company, and
b) Public Company

Dear Experts,
I want to know whether XBRL for A.Y.12-13 applicable for all the companies?, as one of my client is a private ltd. co. is it applicable?

My company wants to issue Optionally Convertible Redeemable Preference Shares.

There is a clause in my AOA, which states that I can issue Redeemable Preference Shares.

My question is that can my company issue Optionally Convertible Redeemable Preference Shares or should I alter my articles.

Dear Friends / Experts,

Please see the following and do the needful :

ABC Private Limited has not earned any revenue for the year ending 31.03.11.

During the year, company incurred expenses and therefore, resulted in loss of Rs.74,000/-.

When we prepare Directors’ Report, can we simply mention as under :

Query 1

Financial Results : The company posted a loss of Rs.74,000/- for the year ended 31.03.11.

Ans : …………… (You may suitably suggest the appropriate text).

Query 2

Should we keep DIVIDEND as a standard point in the Directors’ Report, though the company posted a loss as above ?

Ans : ……………


I will wait for the replies on the above queries.

Thanks.

What are the compliances and procedure to be followed for amending articles of association in a private company.

thanks

What are the compliances and procedure to be followed for amending articles of association in a private company.

thanks

Dear all,

please provide me draft notice of transfer of shares of a private Company.

the clause in the articles is as follows:

"The member of the company who is desires to transfer his shares shall give notice in writing to the Board of Directors mentioning therein the price that he expects for his shares."

thanks in advance