Hi,

I hv formed a new co. Within 1 month i hv to hold Board Meeting. But due to some difficulties bank account is not opened within a month of incorporation. Now we have to show in Board minutes that we have received money for allotment of shares to promoters and bank account still not opened.
Can I show in minutes dat I hv received money in cash from shareholders? What are the alternatives for this situation

Please Guide.......

29th April 2011

Dear Forum Members

A closely held public company has about 300 shareholders. Every year the company use to send the Annual Report to its members under "Certificate of Posting". The postal department has recently withdrawn the Certificate of Posting facility. MCA has also notified that the companies can now send the annual report to its members through email. In our case it is not possible to obtain email id from all the members.

In view of the above, please inform whether it would be in order for the company to send the annual report to its members through Ordinary Post (No Proof of despatch would be available henceforth). Also please inform what are the other modes of posting are available to the company.
with regards
Muralidharan

Co. applied for EES in Jan,2011.Now ROC is demanding to produce residence proof and physical copy of EES application. How to produce these doc.? whether physically or through online in form61.
Thanks for early reply

i came to know that for normalising dormant company form 61 need to be submitted. but form 61 requires mandatory attachment of detailed application. can any one help me sending that application format.

A foreign company registered in USA and all the shares of the company are acquired by the Indian individual now Indian individual wants to transfer their shares to Indian company. Plz any one tell me what is the procedure and applicable law.

In a public company, whether the MD will retire by rotation at the annual general meeting ?

Dear All

our company is planning to float a susidiary in singapore. do we need to take special permissions from certain authorities. plz guide me and share your knowledge. if indeed there is a need who are such authorities?? may be from RBI?? plz guide as per companies Act 1956...

Regards

Abhijit

Is deferred tax liability a provision for future tax payment, or it is just a reserves & surplus? Kindly explain.

Dear All

While filing DIN Application some clerical mistakes occurred ie name of applicant is SANJAY KUMAR GUPTA and Father name is VIJAY KUMAR GUPTA where as in the application form it mentioned SANJAY GUPTA KUMAR and Father name is VIJAY GUPTA KUMAR its clerical mistakes in the filing first name surname and last name , as a CA we digitally signed this form and got approved under CA signature . My question is how can i rectify this mistake i have submit this mistakes detail with MCA website. What can i do for rectifying the same . DIN cell personal says this form gone with Regional Director of MCA office for verification. Thanking You

Dear All

Can anyone tell me that if a company is banned by clb for holding agm and any general meeting then in the board minutes of that company approval of financial statements shall be come or not
kindly rresolve it
its urgent