Nirav
This Query has 2 replies

This Query has 2 replies

11 January 2011 at 16:21

formation of company

Dear Sir,
I had applied & Received Name Approval from ROC Mumbai. Now, i had prepared Form1, Form 18 & Form 32 & AOA & MOA.
Now,where to pay stamp duty & other charges & how much amount of Franking to be done? Authorised capital Rs.5 lac.
Please reply as early as possible


Sonal Saxena
This Query has 2 replies

This Query has 2 replies

11 January 2011 at 14:40

Joint holder

Whether in case of joint holding of shares, in company's record in whom name share will be recorded?

If first holder is having another share in him alone name than he will be counted a single share holder or separate for joint holding and alone holding?



Anonymous
This Query has 3 replies

This Query has 3 replies

11 January 2011 at 13:57

Remuneration to director

Whether a non-executive director of a public company (unlisted) can be paid a remuneration on his professional capacity in addition to the sitting fees? Is any approval required for the remuneration in professional capacity? Plz suggest. Regds.



Anonymous
This Query has 3 replies

This Query has 3 replies

11 January 2011 at 12:49

Executive Director

Hello All

My query is even if the director is not on the board and is in full time employment of the Company, can he been named as executive director for the public unlisted company. Whether legally it is advisable.


vishal
This Query has 1 replies

This Query has 1 replies

May I get Following formats for shifting of registered office of the Pvt Ltd. Company from one state to another?(From kolkata to Mumbai)
1)Notice
2)Special Resolution
3)Explanatory statement,
4)minutes of EGM for passing the above special resolution,
5)Format of petition with CLB,
6)Draft newspaper advertisment,
7)Draft BM Minutes,
8)Draft Affidavit (verifying the Petition),ETC....

I will be very thankful if any experts guide me for this purpose.


CA. Savitha vijayan
This Query has 2 replies

This Query has 2 replies

11 January 2011 at 11:33

DIN for foreign National

Hi Friends.....

I have a doubt regarding DIN Application for a Foreign National. Its Heard that the Foreign National have to undergo Police Verification and the Original Copy of the Report have to be enclosed with the DIN Application. The DIN Portal of MCA do not give any instructions in this regard.Please do give a reply on this at the earliest.

Thanks in advance:)


VINITHA RAJESH
This Query has 4 replies

This Query has 4 replies

11 January 2011 at 11:22

Unsecured Loan

The promoters of a company contributed money for a business. A Private Limited company was to be formed for the business. The formation delayed. The money contributed by the promoters will be treated as unsecured loan funds to the company with interest. But the interest will be calculated only from the incorporation of the company. Till that period the amount invested by the promoters will not generate any returns.

Can the company give interest from a date before the formation of the company. Or can the company pay interest at a higher rate during the earlier periods and later reduce the rate.

Please advice any other methods by which the promoters can receive returns for their investment.

What is the maximum rate of interest that the company can give for the loan taken.


ABHIJIT
This Query has 3 replies

This Query has 3 replies

11 January 2011 at 09:48

common seal

Is it necessary to affix common seal on the certified true copy of the board resolution for availing credit facility from bank.

The Bankers have asked for it.


Rajee
This Query has 2 replies

This Query has 2 replies

10 January 2011 at 22:41

Delay in conducting AGM

Dear members
Kindly clarify me over the following issue:
A private limited company with 2 shareholders cum directors A & B, has stopped its production due to heavy loss and it has not yet finalized the B/s as on 31.03.2010 and it has not yet conducted its AGM. The AGM during the P.Y. was conducted on 30/09/2009. On 31/12/2010, X and Y has agreed to purchase the entire shares from A & B respectively and also to be appointed as directors of the the co. The entire company is now purchased by X and Y. A and B has consented to retire.

What is the procedure to conduct AGM which is not yet conducted and to file the Balance sheet which will be finalsed sonner? ( the company has not yet applied to ROC for any extension of period of AGM )

Thanks & regards


pranjal
This Query has 4 replies

This Query has 4 replies

10 January 2011 at 20:11

interest on application money

what is the provision in co act regarding interest on application money? how long money cold be pending for allotment?
is application money classified under current liabilities?






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