Dear friends
I have to register a company with a foreigner(UK) and an Indian as the promoters. Now the Indian is working in UK and I can get the document (MOA, AOA, etc) signed from UK. But while filling Form No.1, I am not able to give separate data for permanent/present residential address. . Is there any way by which I can fill the data.
Or I have to update the data present/permanent residential address in DIN-4. What could be the proof of address in respect of a person whose present address is UK. Whether the signature in the Declaration annexed with DIN-4 or DIN-1 need be in made in the presence of a professional. Please clarify.
An early reply in this regard will be highly appreciated. Thanks in advance.

Santhosh

Dear Members,

A public company given guarantee (within the limit) for the Loan to its subsidiary with out any resolution. But within 2 months of event Board understand the importance of resolution and want to ratify the action in the next Board Meeting.

Can it ratify the guarantee given earlier?

seeking your opinion / ideas, please.
Regards
K Degaleeswaran

Hi..

Please solve this query on urgent basis.

" What is the status of a Public Unlimited Company? What are the difference between Public Limited Company & this type of Company. Are all sections of the company law, applicable on the Public Unlimited Company. There is a company - ABC Capital Services India. It has not used Limited at the end. but the Master Data shows that it is a Public Company as well as Unlimited."
I am really very very confused. Please resolve this as soon as possible.

Thanks & Regards,

Alok Dubey

plz tell me what is the difference between additional director and regular director(ie appointed in GM)

CO A (PVT LTD) ACCEPTED DEPOSITES FROM ANOTHER CO [B] WITHOUT ANY ADVTS ETC [NOT AS PER SEC 58A(1) & (2)].....CO B HAD ALSO TAKEN LOAN FROM OTHER BANKS /FIS FROM WHICH IT IS PAYING CO A .........

THEREFORE AS PER ACCEPTANCE OF DEPOSIT RULES DEPOSIT NOT INCLUDE

INTER CORPORATE DEPOSITS [OMMTTED ]

ACCEPTANCE OF DEPOSIT FROM DIRECTOR OR RELATIVES OF DIRECTOR OR MEMBER PROVIDED DELARATION IN WRITING THT AMT GIVEN AS DEPOSIT IS NOT OUT OF THE LOAN BORROWED.


BUT IN MY CASE THIS COND IS VIOLATED ..

HOW CAN I FLOAT CO BY TAKING UNSECURED LOANS FROM DOR OR MEMBRS.

WHETHER THERE WIL BE VIOLATION IF SUCH AMT IS GIVEN O/T OF SECURED LOANS.

WHT 'S THE SOLUTION

hi
plz help me,m confusing in rotational director,actualy i want to know the meaning of rotation here,can it be more than one year ie,after two AGM.

Dear All

For Change of Name by a pvt company is it necessary to accord the central government approval and if yes then when it should be taken.

help out

Dear experts, please confirm the validity of the board resolution.

CCC PLOT & HOUSING PVT. LTD has one Managing director - Mr. YYY, one director - Mrs. XXX, person to sign the deed Mr. RRR

Board Resolution is signed only by Mrs. YYY

Thanks.

EXTRACTS OF THE MINUTES OF THE MEETING OF THE BOARD OF DIRECTORS HELD ON 29th APRIL 2011 AT 10 A.M AT THE REGISTERED OFFICE OF THE COMPANY

RESOLVED that the Board be hereby accord its consent for the sale of the Plots forming part of the larger Layout known as “AAA Housing Layout “ and re-named as “ZZZ” situated at _________ for the Company.

RESOLVED further that the Board be hereby authorize its Director Mrs. XXX, wife of Mr. YYY, residing at ______________________ of the company to negotiate, enter into agreement for Sale, execute the Sale Deed/s or any other documents in favour of any third parties with regard to sale of the plots forming part of the larger Layout known as “AAA Housing Layout” and re-named as “ZZZ” situated at ________________________ for and on behalf of the Company.

RESOLVED further that the Board be herby authorize its Authorized Signatory Mr. RRR, son of ______, aged about 57 years, residing at _________ to admit the execution of the said Sale Deed/s by its Director Mrs. XXX with regard to sale of the Plots forming part of the larger Layout known as “AAA Housing Layout” and re-named as “ZZZ” situated at ______________, present and appear before the said Sub-Registrar of Joint II, Chengalpattu or the concerned Sub-Registrar of Assurances, at all times and places as may be necessary to cause the said Sale Deed to be duly registered and to do all other acts that may be necessary to effectuate the said purpose.

RESOLVED further that the Board be hereby authorize to receive the said Sale Deed/s after registration and to give a receipt therefore to such person or give such authority in relation thereto as may be necessary in this behalf

- Sd -
Chairman
Certified True Copy
Date: 03.05.2011 FOR CCC PLOT & HOUSING PVT. LTD
Place: signed by Mr. YYY

Managing Director

ECB proceeds are received in india, but before the end-use. Can i deposit those proceeds in banks as an FD till the time of end-use?

Please reply immediately.

Thanks and regards in advance.

Respected Experts,
For Incorporation of a Co. Form 1,18 & 32 r to be uploaded - at the time of uploading of such forms, after uploading form 1 is the system itself ask for form 18 & 32 or is there any other option will come by which such 3 form can served under a single SRN.
Again while paying stamp duty through MCA21 is it to be paid befour uploading the above mentioned forms or after uploading of such forms, because at the time of payment the system is asking for SRN - which SRN is this.
the stamp duty which r to be paid is it for only MOA & AOA or also for Power of Attorny & declearation u/s 33(1) & (2) of Companies Act.1956.
Thanks
Debashis Mandal