MR. X IS A DIRECTOR OF X PVT LTD. THE CO. GOT INCORPORATED ON 18TH MARCH 2011. BUT THERE WAS NO BANK A/C OPENED IN THE NAME OF THE CO. TILL 31ST MARCH 2011. SO HOW SHOULD I SHOW THE AUTHORIZED CAPITAL OF100000? (THERE ARE TWO DIRECTORS IN THE CO. AND THE RATIO IS X- 99 AND Y- 1. IS THERE ANY PROBLEM IF I SHOW THE AUTHORIZED CAPITAL IN CASH?

Dear All
Plz claify the following issue
i.e.A company's paid up capital is > 1 Crore, with Directors/pramoters of Mr.X & Y

and B company is a company, pramoters are same MR. X&Y

Can "A" company give subcontract to "B" company directly or any CENTRAL GOVT or ROC permission has to take (Land Development,Construction etc.....)

Kindly explain me with sections/Case Laws/Circulars

Is it possible and legal to transact business from the individual savings bank account of Proprietor (of firm)?
i.e. all bank transactions will happen through savings account, so cheques will issued/presented in Proprietors name, not firms name.

1. Can I avoid registration of proprietorship firm?
2. If so, will the banks allow creating a current/savings account of the entity?

Dear All
I have a small Doubt about director ship of a person in a PVT LTD company i.e. CAN A PERSON WITHOUT HAVING ANY SHARES BECOME A DIRECTOR of that company "plz clarify" its urgent

dear experts

Please tell me if a company has changed its name then for how many numbers of years a company is required to show its old name in financial statement and elsewhere? please tell me which provision or rules are applicable for the same query.

Please suggest how I can start a company at minimum cost. It can be proprietorship (in wife's name) or partnership (wife & me). I want to keep it really simple because we are at experimental stage. Also, can I operate from a savings bank a/c (say in wife's name)?

Sir,
As per the Rules Share Certificate must be signed by both the directors and one C.S./A.R.

but in case one director is out of India then can he sign through any Rubber Stamp, Scanned Signatures etc.? as there is no other person to act as A.R. so it need to be signed by director only.

I just want to know the alternatives of handwritten signature in this case.

Thanks & Regards

cn any one tel me the procedure for convertiing a private company into a public comapny having private placement of shares

Dear All
Kindly provide the definition of independent directors