can a director of a company be an consultant of the same company

Is it necessary for the subscribers of Memorandum of Association to apply for the shares and take the shares?
Is it mandatory for the company to allot shares firstly to such subscribers?

dear sir/madam

pls pls provide me with resolution avaling cash credit facility from bank... and pls let me knw board resolution is enough?????
and whether i need to see any limits(provisions) to check or i should go head???

pls its too urgent pls reply????

thanks


regards


tanveer ahuja

there is X Pvt ltd. in which subscribers and directors are same & the profession of director stated in memorandum is an advocate,now the director wants to change his profession from advocate to businessmen. I just want to know the procedure for above change as per companies act with reference to sec. for clarity in understanding.

a listed company has sent notice of AGM held on sept 30, 2011 around sept 22, 2011 as the accounts were printed only around sept 21, 2011. the proof reading process was completed around sept 15, 2011. the MD has informed that the notice was actually sent on Sept 8, 2011 & has a proof of cert. of posting of that date. It has been proved through various internal correspondences that the printed accounts were not ready till sept 21, 2011.since the notice is short by the required no. of days u/s 171 the meeting is invalid in law. if it is proved that the MD has made a misstatement what remedy would lie against the MD? Also the resolutions passed in the invalid AGm are bad in law & have deemed not been passed. Thus the adoption of accounts, appointment of new auditors in place of retiring auditors, reappointment of retiring directors would also be bad in law. Is the understanding correct? The matter has also been referred to the ROC.
Please provide suitable replies for the same.

Dear Experts ,
I have a doubt about listing of equity.Can anyone please explain me the relation and meaning of post issue capital and market capitalization while applying for listing in a easy manner.Possibly by an example.

Thanks & Regards.

dear sir/madam,
while registering the dsc with the mca website the following error occurs
"Digital signature verification failed or your CA is not trusted"
after filling in all the details and selecting the dsc.
can anyone sort out the problem as soon as possible. please

Dear experts,

Please tell me what is procedure for change in post of a director to Managing Director.

E.G. What to do If a Director of a company, now became Managing Director of Company.

1) Is it necessary to inform to ROC ?
2) What are documents required ?
3) Other procedure (If any)

One of client is Pvt ltd company having 2 directors, now one of director wants to leave the company and other director wants to add his wife as 2nd director. What would be procedure of same. And what would be roc fees for the same.
Pl reverts. thanks.

our company has filled a form 17 for the satisfaction of the charge which was delay by 711 days on 20/02/2010 and on that we got a note that it has been delay by 711 days , hence you are requested to approach the clb for condonation of delay and take a furthere necessary steps.
then later on we filled a next form on a same charge id on 22/09/2010 on which we have got a note that form is delayed by 1 days hence you are requested to approach the clb for condonation of delay and take a furthere necessary steps.
on that we file a form 21 which is approved and form 61 for the condonation of delay.
last we file a form 17 on a same charge id which was filled normally on that we got a note that it is compulsory to file a form 67 within a due date but we have not filled that and
our srn status of the first 2 forms on a mca site is still showing pending for form 21 and last one that is third , its pending for approval under reg 17(6)then how we can proceed furthere is it necessary to file a form 21 on 1st form as there is a condonation of delay of clb and then to cancelthe 1st two forms and then the third will approve . please guide