Dear Friends,

I need your advise on below matter.

I have filled form 17 to MCA but on fee challan it is mentioned that "Form17 is filed by the delay of 4 Days . Hence, you are requested to approach the Company Law Board for condonation of delay and take further necessary steps".

I have talked to MCA authorities and they advised me to take CLB approval for condonation of delay.

Request you to kindly advise me the procedure and documentation to file such petition.

Regards

In a private limited Company, there are two directors. now one director wants to resign from the post of director. so there is need to appoint other person as a director before his resignation.
now my question is, in this case, is it ok to appoint additional director or we need to take EGM for that?
because after appointment of additional director, there will be only one director and one additional director.
or we have to appoint him in GM so he will be appointed as a normal director?
what are the powers of a director?

Dear All,

Name of our company has been changed w.e.f 16/04/2012. Whether share certificate issued under old company name is valid ,our we should issue fresh share certificate under new company name. Pls mention relative company's act sec.

Thanks in advance

Can a company's subscriber's to the memorandum subscribe for shares at a premium at the time of incorporation?

XYZ (P)Ltd.,ABC(P) Ltd. and PQR (P)Ltd. forms a JV( PVT. Ltd.)Company to run a Hotel.As per the JV Agreement ,each Company will have two nominee directors in the Board of the JV Company.ABC(P) Ltd. also entered into a O & M Agreement to look after the facilities of the hotel.Can the nominee directors of ABC (P) Ltd., who are common directors,in both the companies ,participate in discussions and votings of the JV CO. in which matters relating to O & M Agreement are discussed?

Ours is a Private Limited Company and we wish to appoint a new Director. Please advise the procedure to be Followed.

After the approval of the accounts by the Board but before sign off by the statutory auditors, certain significant errors are noticed and the company wants to revise the accounts. Whether the Board can reapprove the revised accounts, whcih have already been approved?

Thanks

CA Umesh Abhyanakar

Sir,

What is the validity of the Share Transfer Certificates and which legal provision does restrict such validity upto such time??

Thanks.

Mr.X is a share holder in a private Ltd company holding 0.5% of total equity (say 10 nos). Company accepts huge loan (10,00,000 times of his capital investment) from Mr.X for a particular project on a written agreement that they will pay the return on his loan as a percentage of profit from that particular project. (Company is even ready to accept it on a fixed percentage interest).

Is this kind of a transaction valid ???

Please tell me whether annual efiling (23AC, 20B) is enabled for FY 2011-12 on MCA Porta.

Thanks