Dear Sir,
We are a Pvt Ltd Company, In form 32 we shown one director as "independent, Non-executive director" as he doesn't hold any shares in the company, however we pays monthly remuneration to Him. Noe Co. wants to remove it, what procedure we have to follow for its removal.

Thanks

Rahul

procedure of dematerialsation of a private company

An Indian Company whose 100% holding is held by Non residents(outside india) All Board Meetings are held out side India. No meeting held in India. Is there any non compliace? and any penalty?

Please reply as soon as possible.
thanks.

Dear All,

Our Company has entered into a transaction as on 31st March 2012 for purchase of machinery which triggers sec 297 of the Co. Act. the paid up capital of our company is more than one crore. but we have not yet made the application to the central govt.

whether we can take the defence that the transaction was executed under an exigency and hence can we make an application within 3 months of from the date of approval of the board that is 31st march 2012.

Dear Members, Pl guide me on the below situation:
Company “A” is unlisted Public Company and holding 80% shares in a Company “B” and 100% shares in Company “C”

Now the Company “A” wish to purchase balance 20% shares of Company “B” from Company “C” at Par Value.

The MD of Company “A” is also a MD of Company “B” and Director of Company “C” .

Both buyer & seller are ready to effect the transaction at Par Value.

Can they do so? What are all the sections we need to refer? What are the implications under Companies Act, 1956?

With many thanks in advance!
K Degaleeswaran

Can u pls send a performa of first board meeting.Pls also tell me from where i can take the format of these meetings.Also tell me whether this board meeting minutes format will be printed on Company letter head or normal A4 paper.

I HAVE UPLODED FORM 5 AS
AUTHO.CAPITAL RS. 20 LAKH
ISSUED CAPITAL RS. 20 LAKH (WHICH IS RS.10 LAKH) PAID UP CAPITAL RS. 20 LAKH (STILL RS.10 LAKH)

WHILE TILL NOW I HAVE NOT FILLED FORM-2
FOR RS. 10 TO 20 LAKH

ROC COMPANY PROFILE SHOW AUTH.CAPITAL RS.20 LAKH AND PAID UP RS.20 LAKH

MY PAIDUP CAPITAL IS STILL RS. 10 LAKH

WHAT SHOULD I DO PLEASE ...ADVICE VERY URGENT

Dear All,

Can a Public Company take a loan from its Directors?

if yes then whats the limit and in which section it comes?

can anyone explain me in detail...?

Thanks & Regards,
Siddhi
C.S.Trainee

Sir,
I want to know checklist for acquiring a pvt ltd. company by an individual & procedure for converting a partnership firm into a pvt. ltd. company.

Sir

I have applied for certain certified copies of FORM 32 etc of a PVT LTD company on 10/04/2012. I have not received the copies yet.

Rather I have received a letter from MCA saying that fees vide ..... SRN No have been paid. And also mentioned that physical application on plain paper with Rs.5/- adhesive court fees stamp and Rs.10/- non judicial stamp paper for every documents and Rs. 25/- for every page of document desired. For any certificate the fees will be Rs. 50/- without any stamp paper.

So kindly guide whether any further fees has to be paid and what next to do.

I have not submitted the physical application yet.

Thanking You

Regards

Ankit Bansal