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Jivan
This Query has 2 replies

This Query has 2 replies

04 February 2011 at 13:34

Auditor Resignation

Dear Expert, auditor is appointed in AGM of a Pvt Ltd Co. but due to some problem, now he is not willing to continue and want to resign from his post. Please give me the format of resignation letter in such case.



Anonymous
This Query has 1 replies

This Query has 1 replies

04 February 2011 at 12:12

Foreign Investment

What are the legal formalities when foreigners invest in indian company and how it should be incorporated in Minutes?

What are the Companies duty and how it can fulfill it?

Please help me out and tell me the section of these queries.



Ashish Gaggar
This Query has 1 replies

This Query has 1 replies

03 February 2011 at 18:40

Redemption of Preference Shares

Dear Friends
I have certain queries related to Redemption of 5% Redeemable Cumulative Preference Shares.
The Back Ground is as follows
1) The Company has in Year 2003 issued 5% Cumulative Redeemable Preference Shares.
2) The Company has not declared any Dividend for both Equity Shares and Preference Shares.
3) The Company has not made any Provision in its accounts for Dividend to be paid to preference shares.
My Query
The Company now wants to redeem these Preference Shares.
1) Is the Company required to pay the accumulated dividend( for 7 years) on these cumulative preference shares at the time of redemption?
2) If it is mandatory to pay the accumulated dividend, can the company obtain a waiver letter from these preference share holders to get the dividend waived.

Kindly note that the following
1) The Company has not made any provisions for the accumulated dividend
2) Nor the Company has paid any dividend to the Equity Share holders during this period.

Regards
Ashish Gaggar



Anonymous
This Query has 2 replies

This Query has 2 replies

03 February 2011 at 16:34

Issue of Debenture

Dear Expert,

If a private Company issue Debenture, in that case which E-from will be filed by the Pvt. Company with ROC? whether form 8 or Form 10?



Regards,
Yogesh Choudhary


Rajesh
This Query has 1 replies

This Query has 1 replies

03 February 2011 at 15:55

LLP

How to get regiter a LLP with the ROC
What are the documents require to register a LLP


Shruti
This Query has 2 replies

This Query has 2 replies

03 February 2011 at 15:26

Payment of Stamp Duty

Hi everyone,

I'm posting a query for the first time in CAclubindia and after pondering over this question for quite some time, I was hoping someone amongst you could help me with the following...

Now, I'm aware that a company whose shares are transferred, need not pay Stamp Duty on them. It is the transferor or the transferee who pays it (as per mutual agreement). I have also checked the Indian Stamp Act, section 29.

However my query is that, is there any section in the Companies Act, 1956 which states this? The section need not specifically mention Stamp Duty.



Anonymous
This Query has 3 replies

This Query has 3 replies

Can any on tell me it is possible that a co. Have 2 Company shareholder and these two Companies has authorised those persons to attend Agm and other meeting on its behalf who are also the Director of the First mentioned Co.


CA CS Nataraju.S
This Query has 1 replies

This Query has 1 replies

03 February 2011 at 14:56

Form-1A & Form-1

Hi,

I have filed Form 1A, stating Proposed AuthorisedCapital as Rs.10,00,000/-, but I want authorised capital of Rs.25,00,000/-.

How I can correct the Authorised Share Capital?

Please answer me......


KETAN MEHTA
This Query has 1 replies

This Query has 1 replies

03 February 2011 at 11:41

Remmitance by foreign Citizen

if foreign citizen remit the money in company's a/c either for share capital or for unsecured non-repatriation basis , does any permission from RBI or any govt. compliance are required where other share share holders are Indian.



Anonymous
This Query has 2 replies

This Query has 2 replies

Hi everybody,

My boss want to put his son, a minor 5 years old as share holder of Indian Private limited company. Is it possible ? And can his name will included in the board of director for voting of resolution ?

Thanks






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