IN A PUBLIC UNLISTED COMPANY CURRENTLY DIRECTORS ARE PAID UPTO MAXIMUM LIMIT OF RS.1,50,000/-. 1) IN MARCH FOR YEAR 2010-2011 I WANT TO INCREASE MY LIMIT WHAT COULD BE MAXIMUM ACCORDING TO AMENDED SCHEDULE XIII? 2) DO I NEED TO CALL REMUNERATION COMMITTEE MEETING? 3) DO I NEED TO FILE ANY FORMS WITH MCA FOR THE SAME

PLEASE EXPLAIN ME IN DETAIL

Dear All,

I want to appoint my executive Director as Managing director of the Company as my present MD is resigning from his office place.

Please let me know the procedure/checklist to do the same. It is for the Listed Company.

Thanks In advance

We incorporate a Private Limited company in the month of Feb.,2011 but till today I have not received the COI of the company.

Anybody please tell me the procedure to get it from ROC...

What is the maximum time limit till which we can keep the share application money pending allotment?

Can a Foreigner, who is also a non-resident, open a Bank account in India to deposit his income generated in India ? If yes, which account?

Hi,

A company had paid up capital of Rs. 1 lakh as on 31.03.2010. Later they enhanced the paid up capital to Rs. 1 crore before the AGM date.

Should the company get a compliance certificate from a whole time company secretary and file form 66 in this regard for the year 2009-10.

Please advice

Dear all,

we have two foreign company as shareholder in our company they are going to merge i want to ask that when we will issue a new share certificate to merged company then any form will be filed to RBI

vinay

Dear all,

can we change the whole article of association with a new set of article of association.

Vinay

1. Can a Director and His Family avail loan by mortgaging Company's Asset.

2. Further, if in ROC charge of one Bank is already created against company stock for Corporate Guarantee, what be the charge of other Bank if provide loans against same asset after creating mortgage.

Please ans to my query

my company has alloted shares to the minors in the year 2005 but the articles had clause that company can't transfer or allot shares to minors.The company management was unware of this fact so they made this allotmant.Form 2 and annual return has been filed with list mentioning minors name.

After that they come to knew that company cant allot or transfer shares to minor so they transferred the shares to another shareholder.

Can i show that the minors shares are surrendered afer the respective agm as my articles say that "Board has authority to surrender the share in any circumstances"

After surrender of shares how can i give the same shares to new shareholder i.e tranfer, sell, allotment???
what would be the correct procedure??

Can i show that minors name are deleted from share holders register due to surrender of shares???