This scheme says that for opting the scheme company should have nil assets and nil liabilities. Now here is the case the company wants to wipe of their liabilities and it doesnot have sufficient assets to pay. Now company wants to take loan from directors and then repay liability and afterthat loan from directors will stand.
can company go for easy exit scheme by doing this?
pls replyyy very urgent

Please tell me in case of easy exit scheme if there is loan from directors of company in liabiliti side is standing will it be ok for the scheme? and if creditors are there and they admit that they are waiving the loan then will it do? please suggest with any circulars or notification.

IF A PUB. LTD. HAVE 5 DIRECTORS FROM WHICH 4 DIRECTOR SUBMMITED THEIR RESIGNATION AND THEY DONT WANT TO COME FOR NEXT B.M. BY WHICH CO. WANT TO APPOINT 2 ADDITIONAL DIRECTOR FOR MIN. REQ. PURPOSE.
CAN ONE REMAINING DIRECTOR HOLD A B.M.? ABOUT QUORUM ?
VALIDITY OF MEETING?
PLZ ADVISE IN BRIEF

Can a newly incorporated pub limited company issue redemable preference shares?
If Yes , what is the procedure.

Sir,

I am having following queries with respect to Easy Exit Schemev - 2011.

1.A Company which had carried its operations 1 year only after its Incorporation ( incorporated during 2003) and filed Form - 20B, 23AC,23ACA with ROC for 1 Year only.It has not filed any annual forms thereafter.It has not properly closed as per Co. rules.and in MCA's Website the Co. Status shown as Active.


2.Now the Query is Whether the company has to file such annual forms up to 31.03.2010 and then go for EES?.
OR
3.whether the company is eligible for EES without filing of such Annual Forms.


Kindly reply.

Thanks.

addittional director can be regular director . for change the same what is the procedure and what documents are required to be filewith roc

Sir,
Can u plz explain whether there is any difference between Registration no and CIN.

CIN is 21 digit (Alphanumeric)
The Format of Annual Return provides only 6 digits for Registration No.

In case both are same, then how the 21 digit no. can be filled in 6 digit format.

Please Clarify.

One of the Director in our Company is also on th Board of our foreign Subsidiary Company. So do we include the transactions with foreign companies under Section 301 of the Companies Act ??????????

Filing of form no 23B is also required for a Pvt Ltd Co..
Or this requirement is only for Public Companies.

For the change of registered office from Kolkata to Mumbai

1.Can the EGM be held at Mumbai even though the registered office of the company which is going to be shifted is in Kolkata(Kolkata ROC)

2.Company has recieved an old certificate from one of its share holder for which the new one has been given in exchange.
Till what period will the company be required to maintain the old certificate in its records?

Kindly help me to solve this query.