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a pvt. limited co. is incorporated wid 3 subscribers to memorandum. Now if it wants to issue share certificate to each of the 3 in physical form please tell me that whether stamp duty needs to be paid on the same. cos. regs. office is in haryana and if it needs to be paid how it can be paid. Also stamp duty on form 1,moa and aoa have been paid electronically earlier
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A company ABC pvt. ltd. has incorporated its foreign subsidiary company & has made investement in it by passing board resolution by circulation. Majority of directors has assented the same and investment has been made.One of the director who has dissented is now objecting that the above resolution should be passed at actual Board Meeting as required as per section 292 of Company's Act, 1956 . please give the remedy for the same, if any.
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promoters contribution in public issue as per law
public issue by unlisted company is 20% of the post issue capital
and it also written minimum contribution of Rs. 25000 per application from each individual and minimum contribution of Rs. 1 lac from firms and companies shall the eligible to be considered towards promoters contribution
if where promoters minimum contribution exceeds Rs. 100 crore the promoters shall bring Rs. 100 crore before opening of the issue and the remaining contibution shall be brought in by the promoter in advance on pro rata basis before the calls are made to the public.
QUERY:
1)what is the meaning of post issue capital?
2)exaplain briefly "minimum contribution of Rs. 25000 per application from each individual and minimum contribution of Rs. 1 lac from firms and companies shall the eligible to be considered towards promoters contribution"
3)explain brieflywith example "in advance on pro rata basis before the calls are made to the public."
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Dear Experts,
My query has reference to the above subject.
My entire query revolves in & around the interpretation of the phrase "any such director" recited many times in the said section.
My query is-
The said section covers loans given to Directors specified in clause (a) to sub-section (1) to Section 295 of the Companies Act, 1956. It also covers the parties specified in clauses (b), (c), & (d) using the phrase "any such director". I just wish to know whether the said section will be applicable if the loan is not given to the Director but a Private Company in which such Director is a member or director?
Example-
A Ltd. granted loan of Rs. 1 Crore to B Pvt. Ltd. Whether previous approval of the Central Government is required in this case? It may be noted that no loan is given to any director of both the companies.
For the applicability of this section to A Ltd. above, is it necessary that the loan must have been given to any of the Directors of A Ltd. or B Ltd. above & then only the said section will apply to A Ltd. above?
Your early reply to this query will be highly appreciated.
Thanking You in advance...
Regards,
Mayur R. Gadhia
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If a Bonus Issue is approved by the Board of Directors,within how many days/months,the issue should be implemented?
This Query has 5 replies
One of the two director of a private company regine. form 32 has been filled and new director in his place appointed.
All this information was mentioned in MCA returned filled on 29 Nov 2011. Share holding was shown in MCA return as 50% to old diactor and remaning 50% to new apponted director but no form is sent to MCA in respect of share transfer. What should company do?
I heared that in case of Privare company, no form is requried to be sent to MCA in case of share transfer only allocation of share should be shown in MCA return.
Is it true?
This Query has 4 replies
1. can we apply for approval of company name without DIN
2. are there any requirements of original documents like PAN,passport etc.
This Query has 3 replies
If the one of the two directors of a private limited company is staying mostly out of india then how the board meeting and general meeting can be convened...
This Query has 1 replies
Dear experts,
A pvt ltd company acquire the firm, the propreitor of which is the director of company nd few shares r issued in consideration othr than cash nd a writen agrement is made...my queries are;-
1) is it necessary to file form-3 wid roc or form 2 is enough.?
2) nw whther main objects wil be altered or other objects wil alter?
Plz early reply......
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When MCA change company status to Dormant. How many years a pvt company can remain active without filing annual returns.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Stamp duty