Dear,
We have limited company incorporated last year while preparing ROC return we came to know that few directors and members has transferred their shares to other directors and members i wanted to know the procedure to be adopted for transferring of shares first time and further like ROC compliance's.

Regards

I have filed DIN 4 on 29th FEB 2012., I have received mail from MCA to resubmit the same for following points : -

1. Non availability of ID - PAN was attached for the same.

2. Non availability of DOB - DOB mentioned on PAN whether not sufficient for the same if not what to attach. Please not that there is change in DOB now submitted and already available with MCA.

3. Verification by applicant not in presrcibed format : - i have given verification in DIN Annexure - 2 as per MCA Guidelines.

Please suggest.

Subhash Chander
98915 28915

can you help me in providing articles of association of a private ltd.company. i need a model AOA as per indian co's act. it would be helpful if soft copy is provided. my mail id is rkp382@gmail.com

As per Section 23 of the Companies Act, name change carried out under section 21 & 22 takes effect upon issuance of fresh certificate of incorporation by RoC.

However, in many cases name change is carried out as an integral part of the Scheme of Arrangement which becomes effective upon filing the Scheme with RoC.

The query is as follows:
If Scheme becomes effective and fresh incorporation certificate is received subsequently then what will be the effective date of change of name. In this case, probably name change should be effective from the effective date of the Scheme and not from the date of fresh RoC certificate as name is being changed pursuant to Scheme u/s 391-394 and not u/s 21 & 22 as envisaged under section 23.

My Query is that if a director takes loan from the company, will this loan add in the Director's income?, pls clarify it

Dear Sir,

I have to make a payment of a Special Incentive to one of the Director(not a shareholder) of the company.
If the amount is exceeding the limits provided under Section I or Section II of part II of Sch XIII of the Companies Act, 1956.
Then what are the procedures to be followed for the payments of the same.

A public listed Company wants to reward its loyal shareholders, who have held the shares for a minimum period say 5 years, and not to those who have held it for lesser period.

Which financial instruments can be used for this purpose.

Is there any concept of loyalty coupon or can it do so by issuing convertible warrants to all the shareholders now, with a right of conversion to only those who hold the shares for at least 5 yuears from now.

My query is that if a director takes loan from company, is it mandatory to pay interest on that loan? if yes than what percentage of interest should director pay.

sir,

can anybody tell me what is the exact minimum authorised capital required for using word "india " in the mid of the name of a company.

I am little confused because as per Draft of the Companies (Name Availability) Rules, 2011 it is Rs. 25 Lacs whereas everybody is telling me for Rs. 5 Lakhs.

Thanks & Regards.

I WANT TO KNOW THAT THE PROCEDURE FOR ANNUAL FILING OF SECTION 25 COMPANY IS SAME LIKE ANY OTHER PRIVATE OR PUBLIC COMPANY OR THERE IS ANY DIFFERENCE IN THAT & IF THERE IS THEN WHAT ARE THOSE DIFFERENCES IN ANNUAL FILING.