Dear Sir,
We have family owned business, registered as a Pvt. ltd. Company. My father is the Chairman cum Managing director. His 3 children including myself are the directors in the company. Amongst the 3 directors two are NRI directors (including myself) Recently on the hospitalisation of the M.D, one of the director has forcefully taken position of the business and managing the company without the approval of either the M.D nor the the other directors. He has also taken away all the documents and records concerning the Company and refuses to hand over the same to the M.D. We have lodged a police complaint but no action was taken. Please advice what steps I can take to protect my company as a NRI director.

Determination of due date of AGM.

Company year end : 30.09.2010
Last Agm held : 28.12.2009

Due date of AGM will be 28.03.2011, keeping in mind Section 166 and 210 of Companies Act.

As per Sec. 166 Every company shall in each year hold its AGM.

In above case AGM is not held in the same calender year.

What can be the remedy and due date in above case.

Dear all,
what is the order in company law procedure, is the company to hold agm and adopt the accounts and then the auditor to sign the financials. what is the time required for giving notice and holding AGM. can the date of agm for adoption of accounts and signing by the auditors of the accounts be on the same day.

Preference shares are issued in 1990 and as irredeemable and The Company wants to redeem the shares now and Company wants to redeemed the shares at a Discount and not at the par value.
Please give the guide lines of that and any circular??
And also send the procedure of the same.

Dear All,

A newly formed Pvt Ltd Company having subscription money from USA. So what are the provisions to be comply with the RBI? Kindly give drafts documentation of the same and time limit of the same. Further any kind of annual intimation/s is required to be given or not in the said case with the RBI.

Thank you.

there were 2 directors in company. one resigned another director's wife is appointed as additional director. Now while filing form 32 what will be status of newly appointed director.Whether promoter and executive OR Independent and executive?

Hi sirs,

Pls provide me the NIC code for incorporating a company with objects dealing in renewable energies like biodiesel, solar energy, waste management, led products.

Can a company refuse the inspection of Register of its members
by a member of it on the ground of improper motive?

I need copy of Balance Sheet of ABC pvt Ltd How to get the same & Fees required to be paid to ROC for the same??

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