Please explain the meaning of section 192(4)(b) AS "resolutions which have been agreed to by all the members of a company, but which, if not so agreed to, would not have been effective for their purpose unless they had been passed as special resolutions" of Companies Act 1956.

In a Public unlisted company , at present a person is a Chairman cum Managing Director (CMD)and getting managerial remuneration. Now we want to change him to Chairman cum Chief Consultant(Finance) i.e Keeping him as a normal director and not retaining him as a MD and want to pay him remuneration as a Fees in Professional Capacity and not by way of managerial remuneration to him . Can we do So. Is there any restriction in Company Law restricting payment of Professional(Consultancy) Fees to a person appointed as Chairman of the Company.

Any Body please send Main Object of Sugar Manufacturing Company

As per schedule XIII Long terms Loans payable after one year means ????????

is it ?

Long Terms loans as on First day of Current financial year - Installments due / Repayable in Current Financial Year = Long term Loans

Mr. A is a director of a Private Limited Company. The Company is making payment to Mrs. A on professional capacity for rendering Engineering services. Is it necessary to obtain the approval of Board for making payment to Mrs. A. If so, please provide the format of Board Resolution.

Thanks in advance

I submitted form 1, 18, 32 in MCA for incorporation of company, In which Three subscriber made a sings in gujarati lunguage, so following quary realised by MCA " signs in Gujarati hence ask to attach the declaration reg. understanding of the contents of the MOA and AOA and writing the particulars in own hands", so in which formate i filled declaration for further process.??? T

Thank You
Rajnish Patel

Dear all,

Please explain that can an individual be a Whole Time Company Secretary and Whole time director at the same time in the same company?

your views are appreciable.

Thanks

Jayesh Khokhani

Can anyone please suggest me whether a Minor can be a non executive director of the Company.

Or any other way by which company can remunerate a minor.

Please suggest...

Does Section 198 of Companies Act 1956 is applicable on Closely held limited company?
Our's is a Limited Company but not listed all the shares are allotted to the employees of the company so i want to ask whether section 198 is applicable to us or not?

Please provide me your expert opinion

My query is with regard to form-2 "RETURN OF ALLOTMENT"

what does it meant "No. of allotment's" w.r.t shares issued in CASH at Pt. 3 of Form-2?

Example:
Allotment of 23000 Shares F.V Rs 10 each made on 09/03/2012 to following person in CASH:

Mr.A 5000 Shares @ Rs 100 each
Mr.B 5000 Shares @ Rs 100 each
Mr.C 5000 Shares @ Rs 100 each
Mr.D 5000 Shares @ Rs 100 each
Mr.E 3000 Shares @ Rs 100 each

Query:
1. Can we show Shares Issued in CASH
=>Total No. of Allotment 1 (One)& attach
allottee list separately?

2. Does need to show share issued in CASH
=>Total No. of allotment 5(five) & show
allotment to each allottee separately.

Please solve the query. Experts opinion sought urgent and thanks for sparing time.

With best regards