Can anyone tell me, if the Company (Listed Co.)want to purchase the property and director of that company will pay the EMI (Rs. 3.5 crore) for purchase of that property, corporate guarantee is in the name of Company. does it violate the provisions of the Companies Act 1956? if yes, which section? does it attract the section 293 (1) (d) of the co. act 1956?
paid up capital of the company is 10.78Crore.
plz reply? waiting for kind reply

A Ltd. Company has an Accumulated Losses of Rs.8 crores during the financial year ended 31st March,2011 and in the same Rs.1 crore lying in Share Premium a/c.Can this Share Premium balance be utilised towards adjustment of accumulated losses? If so adjusted,will it amount to Reduction of Capital?

C.S. A.K.Maitra

dear experts,

as i want to convert my limited(unlisted) co. into pvt ltd for that i need to obtain NOC from bank...

for that i require some proper reasons to convince the bank so that it can provide NOC without any hassle...

pls i need the list of those reasons if anybody can help me do the needful...

thanks

regards

tanveer ahuja

Dear Sirs,

How to obtain a certificate of commencement of business for a company and by when ?

I want to increase the Authorised capital of Pvt. Ltd company. For that, do i need to file the amended MOA &AOA. If yes, then do i need to get the subscribers to MOA & AOA resigned on the date of amendment or the signed copy of original subscribers page at the time of incorporation will suffice.

what happen when director not held qualification shares within prescribe time, in case of public co. - when in such co provision related to qualification share is made in AOA or no provision in AOA is made related to it??

i couldn able to view the signatory details for a company. the error is the company has not filed form 32 or din 3 ... but i dunno the what is the exact default? What form i should file now ? can anyone please reply for this ...(the company has filed its return for 5 yrs )

thanking you,

A director having a DIN.having Digital signature(DSC) and made roll check.But the problem is now they changed the DSC so once again when trying to rollcheck with the updated DSC it is throwing some Transaction error.

Could anyone of u tell wht to do to get it resolved.

Thanks in advance.

Friends,

I have filed Form 1A on MCA Portal for Company name Approval. and it is approved by ROC. But I want to change the name of the Company. So what are the procedure to Change it.

My company wants to appoint a Director who can give technical advisory services to company and company also want to make a non- compete agreement with the director and also not to give consultancy in any other company. How the director will appointed? Kindly Suggest the procedure. If possible, also provide a format of such agreement.

Thanks in advance.