Dear Experts,

1) Can we take share application in cash and to what extent?

2) Authorised & Paidup Capital of a pvt ltd company is 200,000, in this situation can he invite share application from directors or relatives of directors?

pl. any one ans. provision & procedure for obtaining Sebi license for co. to accept deposit from public

Pvt ltd co can avail loan only frm directors. so directors can take loan from outsiders and can give loan to co. is wat all say do practice. i wud like to know hw the interest income earned on it can be treated by director for his personal IT ?

Hi.

Can any one please tell me the due date for filing e-Form-FTE, for striking off of name of the defunct company.





Thanks in Advance............

Dear All,

What will be the situation if there is no Occupier for the factory in the Company? What are the responsibilites of the management.

A Govt. Company has provided some movable Items worth Rs.3,00,000/- to each of its Directors.

Directors wants to pass a resolution in Board Meeting that the itmes be allowed to retained well below the Book Value i.e. at abnormally high Depreciation where as rate of depreciation on itmes is only 15 per cent under IT Act.

Can they pass such resolution when all stands to gain by the resolution and hence quorum shall not be there.

Kindly advise

Dear Friends,
A Pvt. Ltd. Company has at present to shareholders both are Indian.
The company wants allot fresh shares 10000 equity shares of 10 each to Indian promoters at par and at a premium of Rs240/- to a foreign party. Can the company allot shares in this manner.

what are the FEMA compliances w .r.t. allotment of shares to foreigner.

Pl respond ASAP

Thanks

P.C. Joshi

Kindly let me know in relation to the Unlisted Company (Preferential Allotment) amendment rules, 2011, the time limit of 60 days for preferential allotment will start from the date of offer for preferential allotment by the Company or from the date recieving of the share application money recieved from the shareholders?

Please reply.

The facts of the case is as under:

Form 8 for Rs. 500 lacs is filed once. However, due to some problem, at the time of online filing; the payment was made twice. Due to which two separate charges were created.

In view of the above, we have requested for cancellation of one charge and refund of ROC fees. However, the same got rejected.

Subsequently, additional sanction of Rs. 450 lacs was made. In view of the same, the overall charge of Rs. 950 lacs should appear in stead of two separate charges of Rs. 500 lacs each.

Please clarify what can be done now to effect the above factual charge of Rs. 950 lacs in stead of Rs. 1,000 lacs as appearing on MCA at present.

Pls suggest what can be done?

Txs In Advance!

Sir
There is one private limited company having two shareholders. Out of these two shareholder, one is just dead and now what procedure should be followed so that existence of company remains. Can his legal heir become new shareholder with effect from the date of his demise. What procedure is to be followed with respect to ROC