We have 25% holding power in the private ltd. company and another group has 75% holding of shares. How can our group appoint director who represent us? Another group ristrict us for doing same is their any way to appoint director from our group?

We have form a Pvt. Ltd. company, but we file form 18, we have wrongly fill the building no 243 instead of 234, now what should we do for correction

I had paid a SRN from PNB to PNB. On enquiry bank is informing that there is no UTN number as this intrabank transaction. There is only transaction id. With this id I am unable to link my SRN. Can anyone guide how to proceed. Also what happens if amount is not linked upto one month. Will this be refunded back??

Can the Subscribers of MOA transfer their Shares subscribed by them during the Incorporation??

I am working in a Public Unlisted Co. where one of the Director resigns on November 21, 2011. Where Article of Association of the Company lays down one of the grounds of vacation and states that "he resignes his office by a letter addressed to and such resignation is accepted by the Board of Directors".
In our case the Board Meeting is scheduled to be held in January, 2012.
Kindly tell me the effective date of resignation of the Director.

Hi- I have a specific query that whether any shareholder of a Private Company request to the Board to conver the equity into preference shares which carry fixed rate of dividend.

Now whether it is possible, if yes what should be procedure? if no, which provision restrict it?

Early responce will be higly appreciated.

Can any individual hold two full time position viz. MD and Manager in the same company. Can form 32 be filled with the DIN for MD position and PAN for the manager position for the same person.

Please help me with the relevant Section or case law

What happens if allotment of Shares issued under preferential issue is made on the 17th day of inprincipal approval?

The law says that allotment needs to be done within 15 days from the date of inprincipal approval

In may case the allotment has been made on the 17th Day. Needs to know how to go about this as the Stock Exchange in not giving the listing permission for these shares alloted.

Dear All,

I need your help in suggesting me.

One of the Company Director has been declared as defaulter by MCA. The Whole scenario is that the director has resiged from the company in the year 2007 and had submitted his resignation the company. The Company till date has not filed its resignation with ROC, also the company has defaulted in filing its annual accounts till date. In short the company has not intimated any correspondences with ROC after its incorporation.

Now the same director who has resigned started another company and is one of the director in that company. The new company has complied with all the legal compliances and are uptodate.
In the new company an additional director needs to be appointed, wherein the director who has the authority to sign and submit the form has been declared as defaulter just because the earlier company has defaulted in compliaces.

Kindly suggest how can this director can come out of the defaulter list.

Please guide me with your suggestions.

If company for the year under report has no operations and the project report is yet to be finalized.
Accordingly form 23ACA requires P&L a/c attachment.
we have not prepared P & L A/c for the year only prepared Balance Sheet it attaches to 23AC but what about P & L a/c