hi,
our company is a public company limited by shares n unlisted. it is a manufacturer of aloe Vera products.company buys raw material(aloe vera Leaf) from directors who owns agricultural lands.they enter into MOU with company to supply raw material n in return company allots shares for the money.aloe vera leaf cost 10 (each leaf) n out of 10/- 8/- is adjusted towards share allotment,2/- will be paid in cash. our authorise capital is 25 crores n paid up capital is 20 crores.

As directors are cultivating other crops in the subjected lands they want to cancel MOU.(Reducing the area of cultivation of aloe vera). so i opted for buy back of shares kindly advise me
Thanks

Integration of dpin and din number has done by mca.
If any person has only dpin number and dose not have din number, then what is the procedure for appointing that person as a director of any pvt ltd company? what is the procedure to fill various forms to ROC using dpin for apponting as a director for the that person?

Hi All
Does a company registered U/s 25 of the Companies act needs to get registered under BPT Act?
will it be also governed with BPT act ?

Having understood that Company's board meeting has to be made once in 3 months, how to submit the meeting proof and whom to submit. Is that mandatory or can we do a total of 4 meetings in an year any time?

Can a loss making public company issue shares at a premium with the intention to convert promoters' loans into equity within the existing Authorised Capital.

What are the formalities and modalities?

Is valuation of land and buildings (only tangible assets) a must in such a case?

A company has filed wrong Annual report to ROC.

It has filled wrong paid up capital amount in form 20B.
As per form 20B our Paidup capital is Rs.200000. but in form 23AC it is 500000 (correct).

It has also make mistake in attachment of form 20B.

Now what is the procedure to change the form 20B. Whether we can revise the return.

Please provide format of Board resolution of a Private Limited company for fixing remuneration of a director along with provision of housing accomodation owned by the Company and re-imbersement of electricity expenses for the accomodation.

Thanks

I have uploaded E-Forms in MCA Website when it had asked for E-Payment I've selected PAY LATER option and SRN was generated successfully.

Now when I am trying to make payment by selecting PAY LATER OPTION the system is showing some error message. How to resolve the problem.

Please help me as it is very very urgent.

One of our Pvt Co. ha nil profit in Current year but having huge accumulated profitsof previous years now issue is that we want to distribute these accumulated profits to shareholders bur Dividened (Delaration of Dividened out of reserve) Rules 1975impose a resriction on the utilisation of such Accumulated Profits. In this Co.
Paid up capital is Rs I Lack
accumulated profits 11Lakhs
Is there any exception of these Rules or how can a co. can utilise these accumulated profits pls give your valuable advice to solve this matter?

There are two couples living in Australia and they are creating trust and receiving donation from Australian citizens. They are going to invest this fund in Indian real estate and for this venture they are willing to create a pvt. Ltd. Company for investment in real estate.
Q-1 is a foreign trust can play a role of shareholder in this company .
Q-2. is there is a better way from this trick in india
( I think they should form a trust in india and registered it under FCRA regulation and start investing under society and to sale it out they may change only trustee to facilitate sale of property)
Or we can create parent co. and its subsidiary co. in india and invest all trust money in india.