Expansion Ltd. has been sanctioned a loan of Rs 5 crores by Yes Bank Ltd., against the security of

the mortgage of its factory building as well as the guarantee of its two directors. As per the loan

sanction letter, the two directors who are giving guarantee have to mortgage their individual flats

to back up the guarantee. Yes Bank Ltd., insists that the all the three mortgage documents (one

of the factory building, and of the individual flats ) have to be registered with the ROC.

Advise

Hi Members,

Information and details given in Directors Report is given for period as of end of financial year or up to the date of signing of Directors Report?

Dear Sir/Madam

Is there any way to know that which kind of charge was filled ealier via form 8 on some asset/property?

Actually I have a query that one of company has taken a loan and created Subserviant charge on his propery. I want to check whethere that is a Subserviant or not.

Atul Sharma

Respected Sir,
I want to know what will happen when the accounts are not approved by the Shareholders at the AGM. What the Company will do under such circumstances?

Hi, please tell me that can a representative of director attend the board meeting? If yes, what are the provisions?

dear sir,
its realy very urgent do rly for the following pls:

my company is a limited company with paid up capital of 7.2 crores i want to change one of my director as he does have pan card for verification of DIN 4 before 30/09/11. wat is the procedure in brief to appoint new director in place of him pls let me knw its realy urgent.......?????

Dear sir,
I have submitted Forms 1, 18 & 32 for the incorporation of a new company of my client with name "BRAND ALLY PRIVATE LIMITED".
The main objects being,

1.To undertake, handle and carry on business in India and abroad connected with events for different corporates, companies or individuals which includes any happening such as organizing and management of luxury events, government & private events, road shows including financial market, expositions, seminars, fashion shows, concerts, lavish parties, conferences, social events e.g. summer camp for children, game shows, fun events & theme e.g. Disney theme, corporate golf tours, corporate family carnival, brand launches, brand promotion and management, cultural events & celebrity management, award nights, entertainment shows, music shows, exhibitions, star nights, event management shows, fashion shows, organizing fairs, expositions, meets, product launches, concerts, gala dinners, weddings, pandals, religious events, government, college and school festivals, theme parties, Online promotion of events, concerts, live shows, parties and sale of tickets or simply bookings & reservations and to acquire, purchase, sale, import or export, let on hire, install for that purposes various things, equipments and systems viz. audio visual systems, exhibitions, display panels and boards, conference kit and guides, and to provide support services including venue decor and infrastructural support as providing venue booking, no objection certificates and government permissions, sound and light arrangements, fabrication of stalls, stage platforms, decorative items, transportation and labour or any other device or systems to execute the said business.

2.To carry on the business to produce, treat, process, prepare, alter, develop, expose, edit, exhibit, make, remake, display, print, reprint, convert, duplicate, finish, buy, sell, run, import, export cine films, TV serials, advertising films, telefilms, documentary films etc; and to act as agent, broker, distributor, proprietor, owners of copy rights, audio rights, theaters, cinema halls, dubbing rights, cinema studio and film processing labs owners and to do all other incidental acts for the attainment of the aforesaid objects of the company.
ROC remarks- The main activity not in consoanance with the word ALLY in the name-- rectify correctly -- please sir//

Now I need to resubmit the Form 1 since the objectives are not in consonance with the word 'ALLY" as told by the ROC. Can u pls guide me as to how to go about with this.

Hi,

As per guidance " Ensure that the Memorandum and Article is dated on a date after the date of stamping"

Can anybody please guide me on following points -

1. We have to first submit MOA than have to pay Stamp duty, now if by any chance we cant pay the stamp duty in same day whether we need to resubmit the form again??

2. Whether any professional can digitally signed the Form in present date where the MOA signed in future date.

Since MArch 27th 2011 new rules for applying Din has come into effect. One highlight of it being the person applying himself sign it.

But when download DIN-1 form in digital signature place i cant find the option for the director themself to add digi sign and submit it. what is the solution. How can direction himself digital sign the form as the dropdown list dont give such a option?

Can any 1 help me in this,

Director son has given loan to pvt company, now company has decided to pay interest to the party?


Can any 1 plz send me the draft resolution for above asked query.

Thankz in advance

Regards
Tharani