Dear Members...

Please suggest about ....

What is the procedure to appoint Whole Time Director as Managing Director in Public Unlisted Company". Should we require to file form 23 and 25C.

Dear All,
we have 7 executive directors in our two group companies and paying remuneration to them. can a person be appointed as a executive director in two or more private ltd company at a same time.

Dear Members..

Please let me know....

which section deals with the precondition that, to being a Managing Director and WTDs of the company the person must be a director first..?

Thanks..

one listed company want to acquire shares of pvt ltd company by issue of its own shares. In future private limited company will merge with listed company. Is there any restirction for merger?????????

Thanks in advance

our client want to file the annual filing for a pvt ltd company sir.
the problem is the person who signed the balance sheet for 31.3.2009 resigned from the company. while filing the din number of that director in form 23ac it shows enter the valid din . i have also verified in mca website it shows the din was rejected . . now how i should fill the form can anyone please help me in this regards

There are 2 share holders. Since minimum share capital should be 1 lac, both the share holders contributing in the ratio of 1:1 for a new pvt ltd co.

Should this contribution only be in cash or it can be in kind ? i.e. Can any asset be contributed ?

Dear Members,

Constitution of my Audit committee was like 2 independent directors and 1 WTD. (S 292A)

however, independent directors left the Co. (Unlisted Public Co.) and meeting could not be held for 1 quarter.

meanwhile new directors were appointed and committee was duly constituted again.

for 1 quarter, wherein independent directors were not there, should i show meeting appointing another WTD's as a committee members. of-course constitution will not be according to Sec, 292A.

or do i have any other remedy?

Regards,

Dear Sir,

In ABC P Ltd, there are 25 equity shareholders and 20 preference share holders.
Out of which 10 are common. i.e. They hold both equity and preference shares.

Now, while entering data into e-form 20B relating to filing of annual return of the Company, I have a doubt regarding what should be entered in the no. of shareholders field.

Is it 25+20 = 45
or
25+20-10 = 35 ?

Kindly clarify this query at the earliest.

Awaiting your earliest reply and thank you in anticipation.

Sathyan

A Pvt Co/Public Co. Can Take Loan From Individual Person, if He is Not Shareholder.

Please Give Full Detail That What are The Limitation of Taking Loan & Giving Loan in Pvt & Public Co.

DEPRECIATION AS PER COMPANIES ACT, 1956:

Asset purchased on 20th November, 2011.

Whether the depreciation will be calculated from 21st November or from 20th November itself ?

(Whether to include purchase date or not ?)

Please support your answer with relevant judgment, law etc. (If any)