Hi All,

Can experts answer me that:

1) what is the procedure of issing share capital in case of Private Company?

2) Board of Directors are authorised in case of further issue of capital, if authorised by Articles of Association(AOA)? if not authorised by AOA then what to do?


Thanks in Advance!!!

Whether subscribers of Pvt Co. to the memorandum, is required to bring full share capital subscribed as per subscription caluse of MOA in the capital immediately on incorporation/subscription and in how much period after the incorporation the full share capital shall subscribed by the subscribers as per MOA subscription caluse. If the authorised & subscribed capital is Rs. 25 Lakh, then can they bring minimum subscription of Rs. 1 Lakh as paid up Capital only in the form of partly paid shares?

Thanks!

Sir,

In Pvt Ltd company, If the share transfer form is duly executed with share certificate for transfer and also the stamp duty is paid according 25paise but the seal of company's register office is wrong then can this share transfer be cancelled?

I mean to say register office when transfer of share has been shown was Vadodara and later after three months it had been changed to Ahmedabad, then the seal of company on transfer form with stamp duty should be of vadodara and not of ahmedabad. then this transfer can be cancelled because no form-7c has been applied for late transfer.


Please reply,

Dear Friends,
What is the liability of a practising professionals who certifced some E forms as mostly the e forms are received on mail and certifed and sent bach to the client by e mail.I just want t know except prima facei correctness of the form and attachment, what else is the responsibility specially w.r.t. to the specific cases as under:

1. Where a form like form 23,5 and form 2 are certifed after a gap of abot 6 month from the date of event.

2. In case of a form2 certifed in which face value is rs 10 and premium is Rs 250/- per share and that too a pref. share. We do not know whether the actual allotment money has been received in cash/cheque or is a a book entry or even not received at all.

More and more views are welcome.

Thanks

PC Joshi

SENIOR CITIZEN WAS A DIRECTOR OF PRIVATE LTD COMPANY AND HOLD SHARES OF RS. 300000. ON JUNE 2009 SHE WITHDRAW FROM DIRECTORSHIP BUT STILL TODAY SHE HOLD SHARES OF RS. 300000.PLZ TELL ME WHAT WILL BE THE PROCEDURE IF SHE TODAY WANT TO SELL HER SHARES.IS THERE ANY SECTION APPLICABLE IN THE CASE AS SHE WITHDREW FROM DIRECTORSHIP?

hiiiiiiiii

no company ,association ,or partnership consisting of more than 20 members can be formed for the purpose of carrying on any business for gain unless it is registered as a company under The companies act or is formed in pursuance of some other indian law


why in the above company is used??????(in line 1)

Sir,

If private limited company has allotted shares on 26-11-2002, and share certificate has been given 1-10-2007's date and the same share has been sold out by the transferor to transferee on the same day that is 1-10-2007 and the share transfer form's office use menu's 3 formalities (1) checked by, (2) signature tallied by, (3) entered in register of transfer no. have not been done(all are blank) only the date has been written on 20-9-2007's share transfer form date has been written 1-10-2007, but the sign on share certificate and share transfer form has been done by transferor then this is counted as valid share transfer to the transferee?

Please reply,

As per Form 1 help file -

“Please ensure that the details of promoters entered (in Form 1) are same as the details of promoters entered in corresponding eForm 1A. In case details of any one or more of the promoters as entered in eForm 1A is not entered in this form (i.e., Form 1), then it shall be mandatory to provide ‘No objection certificate’ from such promoter(s) as an attachment.

Please let me guide whether we need the consent in case of new promoters whose name was not entered in Form 1A but eventually enter in Form 1.

Pvt.co in which two Director one (NRI)
While filing form 1 ,can the MOA & AOA
needs to be witnessed by notary & consularised in foreign country in respect of recent MCA circular which has been withdrawn.

Can any body help in this matter.

Dear all
can anyone tell me that what is the calculation of manager remuneration as per company act rules of up to 11% and when is implement in public company and which heads and ledger come into in this head...........


I'll waiting for your valuable reply.

Thanks in advance..