Dear Readers,

Please suggest me "Object Clause" for Staffing Company?
Company's main business is recruitment agency, staffing employees, HR training and corporate advisory relating to HR and personnal.
Also please send me Draft MOA/AOA for companies having above nature of business.
Please send me aobve details on bparesh@gmail.com

The case is regarding a Pvt. Ltd. Co.

The co appointed 3 new directors by issuing 100 new shares each to them in an EGM held on 19.07.2010

Now, What is the time limit as per company law for submitting all the necessary forms with Roc?

If such obligations are not submitted in time can it be submitted with late fees ?

What is the extreme time limit beyond which the resolution passed in the EGM will be void?

The case is regarding a pvt; ltd. co. Mr. X is the auditor of the co. since inception in 1986.
Now the directors want to remove Mr.X for their own vested interest.
The date of last AGM was 30.09.2009. for the year 2008-09 wher Mr.X was reappointed.
The next AGM date is fixed by the directors as 29.03.2011. for the F.Y.2009-10.
The notice of the AGM contains agenda of removing Mr.X and appointing Mr.Y as auditor.
Now who will be the auditor for the F.Y.2009-10?
Can Mr. x be removed all of a sudden and Mr. Y is appointed as auditor?
What is the right procedure of doing such.

Are there any restrictions for taking loan from a director by a Private Limited Company.

Please advice

CAN ANY ONE HELP OUT WITH A DRAFT OBJECTS CLAUSE IN MOA FOR A CLUB & RESORT - A LITTLE URGENT PLEASE

Dear All,

there are several Private and Public Limited Companies which are inviting public to invest into various schemes under which either they get double the amount of thier invst within 5 years and triple within 9 years. also, there are Companies which lure investors by asking penny amount of investment say 5000 or 6000 which makes them eligible for purchase of Gold Jewelery worth Rs.50000/-. i can name some companies like:

Royal Twinkle Star Club Limited
Abhinav Gold International Marketing Private Limited.

my question is, can Companies not registered with RBI or as NBFC, can carry on such type of business? if yes, what is the autenticity of their business?

can a public or private limited companies invite people through these schemes?

lakhs of people are overwhelmingly investing into such scheme of this Companies, if they lose their money where should they go for Complaints ? who besides ROC, MCA regulates their business?

waiting for your answers...

regards,
Shital

Hi,

can anyone tell me whether it is compulsory for director of private company to give abovementioned declaration every year. If yes, can you provide me with the simple format of of these declaration especially designed for private companies..

One of the Pvt Limited Co. fade up with the services of existing auditor & wish to appoint another auditor in his place for the FY 2010-11

Query regarding this:

1.What is the procedure to appoint another auditor in place of existing auditor??
(considering that in real no AGM held of the co. after oct. 2009 & existing auditor may given his name as auditor appointed for FY 2010-11 in ROC)

2. Can a new auditor be appointed for the FY 2010-11??

Please suggest

thanks for the valuable advice & suggestion

Only one director signs on annual return and submit it.He also don't attach the clarification for not present of other directors..

Does the content of annual return can be cancelled in this type of annual return?
I mean this kind of annual return with 1 sign and without clarification , is valid or not.

Please reply,

Sir,

I want to purchase the share of X Pvt Ltd Company which is already passing through bad phase.
Share value of the company is 10 and share capital is 1 crore. I want to buy this in 1rs only.

What's the proper way for this? Who should do value either auditor or CLB?

Please reply,

Regards,

Mr.Sumit Khandelwal