Dear,
We are 2 directors & 1 managing director in private limited co.
Managing Director is not in favour of the company.
So,we both directors decide to take resignation of M.D. & I want to be a M.D.from director.

Please give me reply of following queries as soon as possible.
1) Procedure of Resignation of M.D.
2) Can M.D. close a company without taking permission of 2 directors?
3) Procedure of appointment of M.D. from director.

Please give me reply as soon as possible.

Can anyone provide me chcklist/procedure for transfer of shares from RI to NRI.


In my case in an Indian company there are two shareholders(son and mother) in a Pvt. Ltd. co,having equal % of shares(total paid up Rs 2 lacs). 100% FDI is allowed in its sector.

One of their relative owns a company in signapore. This company wants to buy 40% shares from the existing shareholders.

I have some queries.

1. The funds have been remitted by Singapore co. As per RBI notification the Authorised Dealer has to send KYC report to RBI.

What is the responsibility of Transferor i.e. Indian shareholders whom funds have been remitted with respect to KYC REPORT.

2. The AOA of the company provides that for trf. of shares the transferor to notify the company and shares shaqll be offered first to existing shareholders.

As there are only two shareholders and both of them are the transferors then who should they intimate.

3. The transferee is a company(NRI) who can execute the share transfer deed and other documents on its behalf.

can anyone help pls.

Regards

P.C. Joshi

Hi , I am working in a Bank , Today we have gone through a disbursement process , where our operation department ask a Commencement of Business certificte of a Ltd company , as per CS of that company this company is basically a pvt ltd com and converted in to LTD company hence not require Certificate Of Commencement of Business , plz give me exact section reference so that i can present my claim againts operation department

I want to draft a MOA of a pvt ltd co., whose main objects is to carry on the business of constructions of building & infrastructures & trading of all commercial goods.

I need a format of MOA. Please help me out for this. Waiting for reply. Thanks in advance.

Can some one give me some write-up about existing firm to convert in LLP.

What are the benefit and losses in compare to existing structure.

It may consist taxation, liabilities between the partners , filing fees or any matter which may have impact.

Please if you can advice me on the same at the earliest

I have 100 equity shares in Tata Tea @ Rs.10 each.IT has been converted into stock. I surrendered all the shares to the company and received a single stock certificate of Rs.1000. Now i am going to transfer worth Rs.230 stock to my friend.
I had 100 votes (1 vote for 1 share) in AGM.
Now what will be my voting power and how my vote will be considered in Annual general meeting?

Hi All,

In a private limited Company , usually in the AGM the Auditor will be reappointed , and if the auditor resigns between the FY then another auditor will be appointed by an EGM.
My query is , if the auditor resigns before few weeks of the AGM and in the AGM no auditor is appointed Only the financials are approved by the members, what is the time limit within which the company should appoint an auditor. And can the company appoint another auditor in adjourned AGM or should it be done through an EGM.

1) what has to be done when a company has filed the annual returns (23ac& 23aca) and even then the director comes under the defaulter list category?

2) what has to be done when a company does not file the returns for last f.y. and the same is being filed now and also got approved and even then the company's name is not removed from the defaulter list and we are unable to file form 32 & form 23.

Can somebody advise?

I HAVE APPLIED FOR CERTIFIED TRUE COPIES OF MOA & AOA ON 18-07-2011 IN MCA WEBSITE ON 18-07-2011. TILL NOW THE SAME IS SHOWN UNDER WORK-IN-PROGRESS.
HOW SHOULD I PROCEED TO GET THE CERTIFIED COPIES FROM ROC BANGALORE.
HOW MANY DAYS IT WILL TAKE AND WHAT IS THE PROCEDURE?

Any one having procedure for Incorporation of Sec. 25 Company, Please send me.

My email ID is atrivedi13@yahoo.co.in

Thanks