Fiona Khanatore
This Query has 2 replies

This Query has 2 replies

Sir,

After filing form 1A, what are the further steps? What are the other required forms to be filed? Please explain me step by step. Its urgent. waiting for the reply. Thanks in advance.



Anonymous
This Query has 1 replies

This Query has 1 replies

22 July 2011 at 14:30

Removal Of Auditor..

Dear All,

What the comapny should be doing if the auditors gives the Letter stating the unwillingness to audit the book of accounts in the middle of its term..

can a new auditor be appointed in the middle of the term...


pls reply



Anonymous
This Query has 1 replies

This Query has 1 replies

21 July 2011 at 16:42

Retirement of Vice Chairman

Our's is a listed Company.

60 years age of our Vice-Chairman(Executive) having remuneration of Rs.4,00,000/- per month.

Can we retire him from Board of Directors and appoint him as a Consultnat/Advisor of the Company ?

Please reply.


VINITHA RAJESH
This Query has 1 replies

This Query has 1 replies

Hi,
Please give your comments and advice for the case given below.

A person started an agricultural business in his individual capacity. Some of his relatives and friends helped him with financial support. All these people together incorporated a company with its main object to carry on agricultural business. The proprietor mentioned above is a shareholder cum director in the company. The company want to take over the proprietor's business. They have two options.

1. To consider the expenses till date as pre-operating expenses (Around Rs. 10 Lakhs)of the company and to carry on the business as companies business.

2. To enter into an agreement with the proprietor who is also a shareholder-director in the company for takeover of the business with a consideration (share or cash)

Which option would be better?

When I went through the topic for conversion of proprietory concern to private limited company they specify that
a. the conversion should be mentioned in the main object clause of MOA of the company
b. The consideration should be in shares only
c. The proprietor cum shareholder should have 50 % share in the company and should be maintained for 5 years.

Is this correct and will the above mentioned takeover be considered as conversion?








Anonymous
This Query has 3 replies

This Query has 3 replies

21 July 2011 at 15:07

Inspection by Shareholders

Can a shareholder inspect the books of accounts or can he ask information about the company's financials like debt or cash balance, etc at any time during the year? Can the company deny to give such information to shareholders? Plz enlighten.



Anonymous
This Query has 1 replies

This Query has 1 replies

Enlightened Members,

Please guide regarding the Important Dos and Don'ts of drafting resolutions for Transactions at Board Meetings and General Meetings.

Thanks in Advance.


sachin miglani
This Query has 1 replies

This Query has 1 replies

21 July 2011 at 08:30

closing limited company

can any one suggest steps to follow for removing the name of company from roc
Details of company:-
established in 2008
no work ever done in company name
even no bank a/c
now in MCA defaluter list
no return filed ever

pls tell steps
whether required to file returns before starting procedure of closing



Anonymous
This Query has 1 replies

This Query has 1 replies

20 July 2011 at 16:52

allotment of shares

In “X” Company Mr. “A” is a director and is also 90% Share holder. Company “X” intends to purchase all share of Mr. “A” personal Holding in other companies & issue same no & amount of share from “X” Company.
There is no cash transaction it is consideration is other than cash.

1. Any agreement is required to be filed?
2. is both Eform2, Eform3 need to be filed.


Priyanka
This Query has 4 replies

This Query has 4 replies

20 July 2011 at 16:50

winding Up

Hello Experts,

Can you please explain me what is dissolution up without winding up?and further if you can provide me the checklist for winding up of a Company.

Thanks


Vipul
This Query has 3 replies

This Query has 3 replies

20 July 2011 at 15:58

Invoice requirement

What are the invoice requirement under companies act ? Which section ?






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