Please help me on the following problem?

My one assessee is having private limited company. The directors want to wind up the operations. But instead of winding the operations now the directors are planning to sell the company to my other assessee who is an individual. That individual will then run the business of that company and will become director of that company.

Please help how it will be done?

Respected experts,
If a pvt ltd company pays Rs 5,00,000 to its director then whether it would come under sec 314 of the companies act

Pls clarify.

Please Provide me Main Object For Infrastructural Development Company For MOA

Recently we have filed Form 1A mentioning three main objects but ROC has asked for resubmission with the comment that "multy objects not allowed".

My query is whether ROC's objection is legally valid?

Dear Friends,

Please clarify the query:-

In Companies Act 77A, it says that special resolution requied, and buy back not more than 25% of share capital and free reserves. Further buy back should not be more than 25% of paid of share capital in a financial year.

It also mentioned that buy back can also be done upto 10% of paid up share capital and free reserves by passing board resoluation in the Board.

Please clarify by passing board resolution alone whether Pvt ltd company can buy back its own shares upto 25% of share capital in financial year?

It has been provided in Sec 297 that Central Govts prior approval is mandatory when the paid up capital of a company is more than or equal to Rs.1 Crore. Sec 297 is relating to the the specified contarct between specified persons.Whose paid up capital needs to be considered for the priopr approval. Whether the contractor company or contratctee company. For example when the paid up capital of X Ltd company is less than 1 crore but the contrctee co Y Private Limited co having paid up capital of Rs.2 Crore. Do the X Ltd is required the prior aproval or Y Ltd . Assumed that both companies having same Director.

What is the procedure of change of directors of a private company in ROC office?

Sir,
I have filed a charge in june 2009,
which is pending for CLB's permission.
1.What needs to be done to regularise the
same.

2.Form 8,guidline /help says ROC can condone the delay beyond 60 days,
What is the procedure for registering chages filed beyond 60 days.

A company wants to declare inderim dividend. It occured loss last year but current year till sept it has profits. Can it declare dividend. if so please explain procedures to be followed.

CAN ANYBODY TELL ME THAT WHERE I CAN DOWNLOAD THE CLSS 2011 FORM??

KINDLY TELL ME AS SOON AS POSSIBLE BECAUSE I HAVE TO FILE THIS FORM.

THANKS & REGARDS