Hello

My query is:-

In a private limited company, there are 2 directors, one of them is authorised to sign and file documents with any department, can the same person sign the board resolution on behalf of the board of directors??

Thankss

CASE STUDY
There is a company in which there are two promoters which are brothers X and Y. X is MD of the Company and Y is WTD of the Company. Company is private listed company and the main business of company is PCB, Telecom and infrastructure is operated on minor scale. There are 6 directors in the company including X, Y and 2 independent directors. The Shareholding of X and Y is equal i.e. 33% in the Company. There was a board meeting in the company on 30/05/2012 in which the following resolution is passed “X will see business of PCB, Telecom and Y will handle business of infrastructure. Further, Y will report to X performance of business.” The above resolution is passed in the absence of Y and from the other items in the agenda. Y objected the resolution and the resolution is passed again in duly convened Board Meeting on 18/06/2012in the items of agenda. There is a problem of control switch over between two brothers and Y wants that control should not be diluted. The two independent directors are not independent in the real sense and they have financial interest in the company.

Now the Question is;
1. There is urgent need for reconstitution of Board.
2. Who may call the Board Meeting? Can Y call the meeting…. Or secretary can call the meeting?
3. If Board meeting is convened how the resolution will be passed because almost all directors are in favour of X.
4. EGM…………..
5. There is no way of court/CLB?
Possible legal way of reconstitution of Board is required.

SIr,
Please give differences between pvt. co. and pvt. Ltd. co.
Thanku

Director/ Promoters names are mentioned in the Memorandum of association when a Company is Formed. Can the name of one of the Directors be removed from the Memorandum at a later date in case the Director has resigned from the Company?
Can the Memorandum be altered?

we want to take print out of M/A & A/A from online. It is possible to take, what is the procedure for that?

Dear All,

What the procedure for change of name of private limited company

for eg.

Vaidehi Real Estate Private Limited

to

Vaidehi Trading Private Limted

Regards

CA Kanhaiyalal Gupta

PL PROVIDE ME DETAILED GUIDELINE ALONG-WITH FORMAT OF AGREEMENT COPY TO FORM A LLP

For change in objects, the following are the steps, if the new objects are in sync with the company name:

1. Hold Board meeting for approval of changed object and for notice for holding GM and authorise one director or secretary to deal with RoC in this regard.
Dispatch notice of GM 21 days in advance as desired by sec 171
2. Hold the general meeting and pass the special resolution.

3. File form 23 with ROC with amended MoA for registration of SR u/s 192.
 
4. Get the form registered and get a certificate for registration.
 
if the new objects are not in sync with the company name:

In case the new objects are not in sync with the company name then first we have to apply for availability of name in form 1A and after taking the name availability, we can pass the name change resolution as well as object clause amendment resolution and then on file form 23.
Is this Procedure applicable to both Public as well private company.... Kindly Reply Thanks

Whether the time limit of 60 days for allotment of shares from the date of receipt of application is applicable to share application money taken prior to the notification came into effect??

Dear All
There are four directors in a company, one director resigned from board does he require to file along with eForm 32 any resolution.

Regards

Amit