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

Dear Sir,

One company Purchase goods from it's vendors but the payment is made by Group Company ( The company in which directors are interested). Whether Section 297 will be applicable in this case ( As the company is not purchasing goods directly from the group comapny, only payment is made by group company).

Further, Will it attract the provision of Section 372A of Companies Act as well?

Regards,

CA Vivek Sachdeva

I am having a partnership firm intending to be converted into a private limited company.
I have understood that i will have to file FORM 1A, 1, 18, 32. (Please correct me if i have to fill any other form also)

Can someone tell me the fees of all these forms. I am from Rajasthan.

The capital in the partnership firm is currently 10 crores.

can anyone tell me about transfer of shares ??? i have heard that shre transfer is easy in public co in comparison to private company ?? one private equity fimrs invests in our company and they emphasize that u need to convert in private limited from public for the aforesaid reason.. why is it so ????

Dear Expert,
i wish to inquire that can a private company pass a resolution in its board meeting to the effect that "chairman of the board shall be the chairman of all general meetings of the company ?" ...further i wish to add that whether in case of a public co. too shall articles containing the above fact that chairman of the board shall be chairman of the general meeting hold good...??

acc to sec 255, dirctors are lible to retire by rotation,its not mention anywhere is that only additional directors or executive directors is also lible to retire by rotation..pls explain

A Company has filed Form 1A with proposed Authorised Capital of Rs. 1 Lakh. The ROC has approved the name application. Now the Company wants to Increase Authorised Capital. Can Company enhance the same before filing of Incorporation Documents?

Dear All,

We are a closely held limited company (i.e. not listed) where 3 of our family members constitute the board of directors & hold a controlling share in the company as well. There are no external/non-executive directors.

We understand that a board resolution needs to be passed to increase directors remuneration.

Is it possible for the same directors to pass a resolution to increase their own remuneration? Or do we need to create a non-executive directors committee to be able to authorize the increase in our remuneration?

I ask this referring to section 300 of company act which says "interested director not to vote in board's proceedings". This might constitute a conflict of interest wherein a director is voting for his/her own increase in remuneration.

Would highly appreciate a speedy reply.

Thanks so much

Kaustubh