Anonymous
This Query has 3 replies

This Query has 3 replies

05 July 2011 at 15:05

Resignation of a Director

When should Form 32 be filed with the ROC for resignation of a Director? Immediately on receipt of a resignation letter from the Director or after placing it before the Board of Directors Meeting.



Anonymous
This Query has 2 replies

This Query has 2 replies

05 July 2011 at 12:40

Sec. 295

Dear Experts...

Can anyone explain me Sec. 295..
can company (both pvt.& pub.) give loan to Directors?
If Yes... is there any specific limit to give loan?

what is the procedure to take Central Government permission?



Anonymous
This Query has 1 replies

This Query has 1 replies

A Partnership Firm had 2 partners.One of the partner has deceased.On death of the partner, whether the Firm stands dissolved automatically or a dissolution deed has to be executed with the legal heir of the deceased partner in order to dissolve the Firm.



Anonymous
This Query has 3 replies

This Query has 3 replies

05 July 2011 at 11:34

Company as a Guarantor

Dear Professionals

Sec 295 does not allow Public Limited Company to give any guarantee to any person , but my question is that our CS says that there is specific section which states that a Public Limited Company can be a guarantor if the loan is certain % of company's paid up capital.

Please clarify with section.

Thanks



Anonymous
This Query has 2 replies

This Query has 2 replies

04 July 2011 at 23:32

removal of director

there is a Private limited co. having 2 directors.

1st director = 99% shareholding
2nd director = 1% shareholding

Now the 1st director, acting malafide, is removing the 2nd director by calling EGM u/s 169.

what is the remedy for the 1st director?
can he move the CLB.. how n on what pretext.

Also the 1st director is himself is appointing additional directors.. calling EGM u/s 169 and passing resolutions therein that the 2nd director is removed from office.. is this action valid?

please advice


Deepak Maharishi
This Query has 1 replies

This Query has 1 replies

04 July 2011 at 17:54

Section 4(7)

Hi,



To dermine status of a private limited company under Section 4(7) , should I look status of its holding comany or should i go beyond that and look for holding's holding, and then its further holding and so on till i reach to a final group holdding company.



For e.g. ABC Pvt. Ltd. is owned by AAA Singapore which is a pvt. ltd. company ....then AAA is owned by BBB Pvt. Ltd. (UK) which is again pvt. ltd...but BBB is owned by CCC Ltd which is a public limited in USA....so should i look only upto AAA or do we have to look till CCC to determine status under Section 4(7).



regards


kulvinder singh
This Query has 2 replies

This Query has 2 replies

i filed form 1,18 & 32 online. Is there need to send MOA & AOA & Other doc attached to Form in Concerned ROC Office???


Abhijit Rane
This Query has 1 replies

This Query has 1 replies

04 July 2011 at 15:35

FEMA/COMPANY LAW


Dear All,

1.) what do you mean by non repatriable equity shares?? what is its implications???

2.) can a shareholder be given an exclusive new folio number for holding only non repatriable equity shares??? if he already has a folio number and holds some equity shares.

kindly advice.

Regards

Abhijit


Avin Shettigar
This Query has 3 replies

This Query has 3 replies

04 July 2011 at 14:50

COrporate Dividend Tax

Company has declared Rs.12 lakh dividend.

My query is What is the Corporate Dividen Tax?

Whether it is 16.61% on 12 lakh?

Or

12 lakh is inclusive of CDT.


neha
This Query has 1 replies

This Query has 1 replies

plzzzzzzz sir i want to know the procedure to issue FCDs by a private company and related resolutions for this.

and can private company can issue unsecured FCDs ?






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