This Query has 2 replies
Dear Freinds,
Please guide me on the following issues:-
Brief about Company:-
A Ltd is a Public Limited Company having 1000 shares (6 Promoters + others are public). It’s a NBFC Non-deposit taking Company. A Ltd. wants to convert itself into Private Limited Company.
Queries in the matter of conversion from Public Company into Private Company:-
1.What can be the purpose of conversion?
2.In Private Limited Company the limit of members can only be 50, so what we do if public shareholders are not willing to pay their stake at EGM?
3.What will be the price offered to the shareholders for giving exist opportunity?
4.Is there any legal issues can be raised after conversion
5.Any other authorities permission is required e.g. RBI.
6.Please advice me on the above mentioned issues alongwith practical example if any cited.
Thanks in advance
Shanky Budhiraja
This Query has 1 replies
Dear All,
We have to pay share transfer stamp duty. The consideration amount is too large. I want to know the denomination of share transfer stamps ???
Thanks in Advance.
This Query has 1 replies
Dear all,
I am looking for a complete list of minimum capital requirement for various types of companies, banks, insurance etc. especially i am looking for insurance brokerage firms in india.
Thanks
Indira
This Query has 9 replies
SIR
PLEASE EXPAIN THE PROCEDURE OF APPOINTING WHOLETIME DIRECTOR IN PRIVATE COMPANY.AND FILING OF NECESSARY FORMS WITH ROC.
PLEASE EXPLAIN STEP BY STEP.
THANKS
This Query has 2 replies
WHAT IS THE PROCEDURE IN INDIA TO START A SUBSIDIARY COMPANY OR BRANCH OFFICE IN INDIA AND THE ACTIVITY WILL BE TRADING.
IS THERE ANY OPTION IN TAXES IF FOREIGN COMPANY TAKE THE INDIAN PARTNER ??
This Query has 1 replies
while uploading form no. 18, an error is occurring mentioning that please ensure that district selected is as per proposed roc or new roc... i have selected pune as district and roc as mumbai... then why such error is ocurring....
This Query has 5 replies
Please suggest if a director has not attended Board Meeting for consecutive 3 board meeting without leave of absence, his office is liable to vacation. Is there any special procedure or filing form 32 would be sufficient to effect the cessation?
This Query has 6 replies
Hi All,
If a Company is having a shareholder which is another Company and the first mentioned Company is holding AGM at shorter Notice then can a nominee of the shareholder company sign the Consent Letter on the basis of the nomination letter or a Board Resolution is necessary authorizing him to sign the consent letter?
This Query has 3 replies
Dear Friends,
As per CIN configuration U stand for Unlisted company and L stand for Listed Company.
A public limited company listed in both CSE and BSE but as per MCA site the CIN start with U instead of L.
Can anybody guide about the procedures to change the CIN letter from U to L.
This Query has 1 replies
dear sir/madam
My Co. name is Rohan Dyes & Intermediates limited its paid up capital
is 7,29,33,360/- and authorised capital is 17,50,00,000/- hw much
minimum directors i should have for my this co.???????? pls reply as
soon as possible........
thanks
regards
tanveer ahuja
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Queries regarding conversion of public company into private