An unlisted public ltd co wants to issue shares to its directors at a very low rate possible at par value or less than that correspondingly it is going to issue to shares to other companies at 50times premium is the two things possible at the same time.
kindly reply the same with the specifics of section which allows the same or does not allow the same.

Can a salaried Chartered accountant become a Director/promoter/suscriber of new Pvt. Ltd. Company.

Can anybody provide me the draft moa of a liquor distribution pvt. ltd. company

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.