Kindly clarify the following,
A company has issued shares Rs.150 (face value Rs.10/- and premium Rs.140/-) with the following terms:
On Application Rs.75/-
On First Call Rs.40/-
On Second Call Rs.35/-
Now the shareholder has paid the application money and the first call(Total Rs.115)
The share is traded in the market for Rs.400/-

Whether the shareholder who has paid Rs.115/- can sell the shares in the market from his demat account for Rs.400/-?

If yes, who has to pay the money for second call?

can any body suggest me about appointment
of director in a private limited company.
can board appoint other than additional/alternate director in board meeting?

can you please send me the list of Statutory register which should be maintained by a listed company.

Dear Sir/Madam,

Please clear my doubts in the following situation:

In case of non acceptance of resignation of a director by the BOD, can the resignation be filed using the DSC of out going director?

One of my clients is acquiring more than 50% stake in a listed company.
so what is the procedure to follow in order to acquire the stake and the management control.
suggest me right from the feasibility to execution stage.

is there any limit for drawing remuneration for whole time directors

Dear all,

Two companies are shareholder in a company, both merged and a new entity is created, so the new share certificate is to be issued in the name of new company.
i want to know that process of issuing new share certificate will govern by transfer section or transmission section.

urgent ::the limit of 11% is stand alone basis or on consolidated profits? i.e., including subsidiaries and all??

please clarify my doubt..its urgent

hi Good evening all,

Q1.i want to know about form XBRL which is applicable to certain companies
Q2. Is there proper circular or notification issued in this regard yet?
Q3. Is it is applicable for Financial statements 2010-11?
Q4. where i can get its format?



Thanking you
Anurag Hans
Student final year
ICAI

Please let me know, what is the maximum percentage of Dividend that can be declared by a Pvt Ltd Company.


Please let me know in the below case:

Paid-up Capital of the Company - 1.65 cr

Profits after all adjustments - 3.20 cr (after providing depreciation, set off previous losses etc)

As per the Secretarial Standard on Dividends, 10% of the profits should be transferred to reserves if Dividend Proposed is more than 20% of Paidup Capital of the Company. Please let me know if we can declare maximum amount after transferring 10% of Profits of 3.20 cr to Reserves or dividend declared should not exceed Paidup Capital of the Company.