This Query has 1 replies
Ours is a government public company. Board has appointed Mr. A as Managing Director in its Board Meeting subject to the consent form shareholders. Next day of the appointment a complaint was registered in lokayuk against Mr. A, consequent to which chairman has not issued the appointment letter to Mr. A and Form No.32 was also not filed for his appointment. Meanwhile Chairman of our company by issuing a office order has given the charge of the company to another director till the clearance from the lokayut and board later on in its meeting decided to withhold his appointment till clearance from lokayukt.
Now Mr. A is claiming that as the board has appointed him as Managing Director though appointment letter was not issued to him (also not joined the office) and form 32 not filed this are all formalities and he is MD of the company.
Now my question is as per the provisions of companies act, whether a person becomes a MD as soon as appointed by the board even without intimating to him about his appointment and filing of form 32. Whether the action taken by the board to withhold his appointment after appointing his as MD is valid.
This Query has 1 replies
Respected sir,
CAN A PRIVATE COMPANY REQUIRE TO FILE FORM 1B FOR CHANGE THE NAME OF THE COMPANY AFTER THE RESPECTIVE FORMS ARE APPROVED BY REGISTRAR OF COMPANY.
1. FORM 1A.
2. FORM 23.
PLEASE GIVE ME SOME SUGGESTION AS EARLY AS POSSIBLE. YOU ALSO GIVE ME DETAILS ON MY E-MAIL ID -ASHOK2190@GMAIL.COM, ASHOKTIWARI2190@YAHOO.IN
THANK YOU IN ADVANCE.
ASHOK TIWARI
CA FINAL.
This Query has 2 replies
Sir Please Help me.........
Can a company take loan of rs 110 lakh(1Crore 10 lakh) ?
the Autorised Capital of the Company 10lakh.
Actually Dis is a new Company with Authorised Capital of 10 lakh , the Company wants to purchase a Land of Value Rs 1 Crore 20 Lakh..... Can Company take loan of Rs1Crore 10 lakh From Directors . Please Suggest Me.....
If Yes then what is the procedure .?
Chandan Kumar Shaw (CA final student)
This Query has 2 replies
Dear Sir,
What are the procedures Should be followed if the Company fails to file the Form 17 with in Due Date?
i.e. What are procedures to be followed with CLB regarding Condonation?
Regards,
S.Jegadeesan
This Query has 1 replies
Dear Members
Can any one provide me the main object of Meusums, Adventure Sports , Night clubs and Amusement Parks
Regards
Neha Arora
This Query has 1 replies
dear sir/madam,
my co. name is rohan dyes & intermediates limited, i want to start with the business included in my other objects of moa, as far as i knw i have to do the following:
(1) pass spl resolution with explanatory statment in board meeting....&
(2)file form 23
correct me if i m wrong????&
pls provide me the format of spl resolution with exp statment its realy urgent
pls help....
regards
tanveer ahuja
This Query has 3 replies
Dear all experts,
We are in receipt of a Notice From MCA under section 210/220. We are in the process of Filing of our Annual Accounts. Please send me a Specimen Reply for the same.
An early to the matter is highly appreciated.
Thanks.
This Query has 3 replies
Dear All,
One of client (P) Ltd. Company sold one of his business to some one, is it necessary to obtain the approval of Shareholders if the Articles of Association is silent on the issue.
Please suggest, its urgent
This Query has 2 replies
Recently i hvae incorporated a private company. please send a formate of board minute book. My E-mail ID is cakaish@gmail.com
This Query has 1 replies
Dear all,
Please provide me theory and provisions regarding unlimited and guarantee company and
Are unlimited and guarantee companies more convenient vehicles for growth over limited companies. (Any Examples)
Thanking You
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Appointment of managing director