can a person be appointed as promoter director midway in the company..if so will he be an executive director ?

Can someone please tell me when the financials of the listed public limited Company is required to furnish its books of accounts to registrar

Section 309 of Companies Act prescribes the limit on managerial remuneration in following manner
one WTD/MD = upto 5% of the net profit
more than one WTD/MD = upto 10% of the net profit to all of them together.

My query is that in case of more than one WTD/MD, say 2 WTD, can we pay 6% of NP to one and 4% of NP to other.

Regards
Rishi

A company engaged in real estate business and developing lands, applicability of section 297 on such companies. kindly provide a case law to support the same. Thanks in advance.

Plz fwd a specimen of notice of General meeting for alteration of main object claus of MOA.(addition in clauses of MOA)

While filling the name application of my company i came forward with a clause in the form-1A that is the name of your company is in consonance with the main objectives.

What does it mean? and

What will happen if i will select no. WIll my name application get rejected for selecting no.

Require help.

In a unlisted company 6 directors are there one is MD one in independent and 4 are part time directors can it is possible to constitute Audit committee comprising of MD, Independent Director and One Part time Director.

A closly held public Ltd. co. filed Form 23, Form 32 and Form 25C in March, 2010 for Appointment of Managing Director and Remuneration of him. But, now the Company has know that the resolution which attached to these forms was wrong. Means the co. wants to pay some fixed amount as remuneration instead of % of net profit as stated in the attached resolution. All these forms were approved. Now What to do. Please guide me in details. Thanks

Dear

I have two queries on Gratuity act

1. Is gratuity payable to each employee of employers in preview of gratuity act, irrespective of their salary ? like their are limits in ESI.

2. Can some one give more details on Section 4(A): compulsory insurance ?

It would be helpful if some one answer these queries.

Dear Friends / Experts,

Please see my basic query :

New private limited company (proposed to be incorporated in Chennai) shall have two shareholders,

where first shareholder is a private limited company, which is represented its MD and

second shareholder is an individual and a nominee shareholder for the first shareholder (who is also the MD of the 1st shareholder i.e. company).

Query :

Whether all the documents (i.e. MOA, AOA and POA) shall have to be signed by the same person, as he plays two roles here.

Ans : ……………….. (I need clarity).

Experts’ may share their experiences.