1. are first directors required to take up qualification shares if mentioned in articles or they are exempted from this?

2. whether they have to file their consent with ROC??

In the Memorandum of Association of a public company,four shareholders hold 10000 equity shares each. The date of incorporation being 3.5.2005.But the application money has been brought by them after 3.5.2005. Is it correct that application money is bought after the date of incorporation which can be said to be the date of allotment?

The query is in under mentioned form where Director Mr. a don't have share other than xyz p. ltd. , can he give declaration to xyz p ltd like this-

"I, Mr.a son of Mr.b residing at ... do not hold any Equity Shares in the company in my name and hereby give notice that I am interested directly or through my relative(s) in the following companies:


Name of Companies/Firm Nature of Interest
NIL NIL"
Pl advice

Please give me the computation of gratuity with reference to latest amendmend

Dear Experts,

Can you please guide what are the formalities/steps that we need to follow if we want to change the registered office address change from once state to another for Limited Company (non listed)

Regards,
Nagaraju.

what Is the strength of Quorum of director meeting.

How many directors must be present at meeting

How we can determine the strength of directors to be present at meeting.

"A"COMPANY HOLDS 35% EQUITY CAPITAL IN COMPANY "B".

THREE DIRECTORS OF THE COMPANY "A" ARE DIRECTORS IN COMPANY "B".

WHETHER COMPANY "B" IS SAID TO BE SUBSIDIARY OF COMPANY "A"

PL ENLIGHTEN

Dear sir,

Company name changed on 2nd may 2011 but financial statements are signed on 28th september 2011.


what should be the company name in financial statements?

please reply

Thanks and Regards

G.T.Ramakrishna

I need draft Board resolution to be passed at Board meeting for change of object clause through postal ballot.

if the articles have set the minimum no. of directors more than the statutory minimum, and later on if the no. of directors fell below the no. mentioned in articles, then what is the provision?