If A & B are members of a company, and A transfer his part of shares to C. will C also have rights which are vested with A by virtue of his share holding?

the Company is a public Company.

A PERSON HAS TWO DIN NUMBERS WITH SAME PAN NO. HAVING DIFFERENT ADDRESSES AND MISTAKE IN FATHER'S NAME SPELLING.NOW HE IS TO FILE DIN4 FOR CORRECTION IN ONE DIN NO. IN WHICH HE IS TO GIVE DECLARATION OF NOT HAVING ANOTHER DIN NO. AND HE IS TO CANCEL ONE DIN NUMBER...WHAT IS THE REMEDY?...PLZ HELP...

Hi,

I am one of the Directors of yet to be incorporated Private Company.

My CA filed Form1 to ROC along with AOA and MOA for our Private Company with 1 Lakh share capital and 2 initial subscribers.

It was returned for resubmission with comment "clause 3 of AOA to be produced as per Sec. 3(1)(iii) of the Companies Act 1956"

However, my CA feels whatever is present in clause 3 of AOA is according to Sec. 3(1)(iii) of the Companies Act 1956.


Below is the cause 3 of AOA
------------------------------------------
PRIVATE COMPANY
3. The Company is a Private Company within the meaning of Section 3(1) (iii) of the Companies Act, 1956 and accordingly:-
(a) No invitation shall be issued to the public to subscribe for any shares or debentures of the Company.
(b) The number of members of the Company (exclusive of persons who are in the employment of the Company, and the persons who having been formerly in the employment of the Company, were members of the Company while in the employment and have continued to be members after the employment ceased) shall be limited to fifty provided that for the purpose of this Articles where two or more persons hold one or more shares in the Company jointly, they shall be treated as a single member
(c) The right to transfer shares of the Company is restricted in the manner herein after provided.
(d) No invitation or acceptance of deposits to be made from the persons other than the members, directors or their relatives of the company.
------------------------------------------

Experts please suggest if anything need to be changed in the above clause 3 of AOA

Dear All,

Plaese let me know what all the types of warrants(Other than Share warrant) which a private co can issue? and also what is the procedure of issuing such warrants?

Please reply at the earliest


Regards

Chandrashekhar

if a Promoter holding shares of the Compnay,whather he can resign from the Company?

and if Promoter sells out all his sharehodlding and resigns as Director, will he continues to be a Promoter of the COmpany?

Please advice

Dear Sir/Madam,

Our company filed Form 1B for change of name and we get mail from ROC to submit (COMPANY HAS NOT CARRIED OUT ANY ACTIVITY DURING THE LAST 3 YEARS /Certified copy of Minutes is not submitted)

Please confirm which certified copy i need to submit or all copy of minutes from the day 1st i need to submit?

Thanks,
Satheeshkumar.

hi
I was the employee ok K company.
I was Joint that company as on 11-07-2011.
I was leave that company as on 03-09-2011 with oral talk to my Team Manager and Area Manager. and date of resignation was 27-09-2011.
K Company send me a letter of notice pay recovery and NPR amount is1800/-.

IS IT COMPULSORY FOR ME TO PAY NOTICE PAY RECOVERY AMOUNT?

IF I AM NOT PAY THAT AMOUNT THEN WHAT HAPPEN?

a pvt. co. want to insert a matter in his AOA that
"any new director will be appointed by Mr. X & Mr. Y only and no other directors are allowed the same" and
"In every Board Meeting Mr.X & Mr. Y should have been present to form a quoram"
that mean he want to give all the powers to a particular Director by the Articles
can he do so
please reply soon

While referring Corporate Laws during my studies I prepare following case. I need your some inputs, please help me..

A private limited company is in the 'Dormant' Status at the MCA portal.

It had not filed any annual filing documents for last 21 years.

It had paid up capital of Rs.2000/- only now. Also directors of the company had changed for last 5 years but no filing done to that effect.

Now the questions are :

1. Can company increase its paid up capital now? Will it avoide striking off action from ROC. (because it had not increased paid up capital withing 2 years of Companies Amendment act 2002.?

2. If answer to first question is negative then assuming that the company had adequate paid up capital, Can company get active status by filing form 61 and then annual documents for last 5 years only??

3. Whether this matter will go to CLB for any procedure/approval??

4. Whether directors would be liable for any action from CLB/MCA??

5. Form 32 has not been filed for last 5 year. Will there be any CLB approval required or any CLB action get attracted if filing done now??

Hoping for an early reply.

Thanking you in advance

Nilay G. Popat
CA Final Student
M. +91 94263 43263

Dear Sir ,

Can a Public Limited Company in India buy a Private Limited Company and the taken over Private Limited Company continue to run as Private Limited Company ?

Kindly enlighten about this and what will be the repercussions on the private limited company so purchased ?

Thanking you in anticipation.

Shiv Raaj Ratnam