Can share application money can be used pending allotment?

Hi,
I have filled form 8 (for creation of charge. The form 8 was filled by delay of 62 days. The query has been raised as under:

"FORM 8 IS FILLED BY THE DELAY OF 62 DAYS. HENCE, YOU ARE REQUESTED TO APPROACH THE COMPANY LAW BOARD FOR CONDONATION OF DELAY AND TAKE FURTHER NECESSARY STEPS."

My question is that "What would be a procedure to make an application / petition to Company Law Board for Condonation of Delay?"

Please help me in above matter

with regards
Hardik

I want to know about the clear notice required for calling a Board Meeting for Listed, Unlisted and Private Limited Companies

I am a share holder and director of the co.
is it a satutory requirement to have agreement for MD of the company

Thanks for the reply

I wish to incoporate a Pvt Ltd Company as UK Consulting Pvt Ltd. "UK" stands for my fathers name. My application under Form 1(A) is sent for resubmision with the reason that initials/abbreviations cannot be considered at the time of incorporation.

But there are 79 companies in India with their name starting with UK.

Is there any remedy to retain the name of my company as UK Consulting Pvt Ltd

My Co. had an optimum composition of BOD as per the requirement of clause 49 of the listing agreement including a nominee independent director.

However, five months ago the nominee director resigned from the Board and the financial institution is yet to nominate their official in our Board.

Listing agreement provides a timeline of 6 months for filling up the vacancy created by resignation or removal of an independent director.

Now the F .I is not clear of its intention to nominate any of their official as director and at the same time my deadline for filling up the vacancy is near by. My queries are:

1. Can i fill up the vacancy by appointing any other independent director to comply with the requirement of Listing agreement?
2. As i dont want to increase the size of my Board any further, what will happen if the F.I asks us to appoint any of their representative once i have appointed somebody else in the vacant position?
3. Can i take recourse to the fact that the F.I has failed to nominate their representative in our Board? (The agreement entered between the Company and the F.I does not contain any such clause)
4. What is the correct course of action under a circumstance where the F .I is not co-operating?
5. Can i demand a NOC from the F.I stating that they have no objection in inducting any other person as director instead of their nominee?
6. What are the rights of the F.I and the co. in this regard.

Well i know my question is quite long but i will surely appreciate your comments and opinion in this matter.

regards....

Is it mandatory for witness to initial each page of moa aoa while incorporating a company or is it upon subscribers to memorandum to intitial each page or both of the above to parties shoul do that ??

Also advice me how to keep whole bunch of this form 1 with attachments ,form 18 and form 32 below 2.5 mb ,its really a rocket science to form a company !!!!

XYZ company holds 40% shares in PQ Ltd
ABC company holds 40% shares in PQ Ltd, and Z Pvt. Ltd. holds 20% shares in PQ Ltd
and XYZ company hold 70% shares in ABC and 30% on Z Pvt. Ltd. so PQ ltd. can be consider a subsidiary of XYZ.

Our Company had transfer its equity shares from 1 director to another on 16/11/2009.The Paid up Capital of the company is Rs. 5 Lacs (5000 shares @ 100) The Share holding pattern before the transfer was as follows:
MR. A (Director) 3000 Shares
Mr. B (Director) 2000 Shares.
After the transfer it is:
MR. A (Director) 2500 Shares
Mr. B (Director) 2500 Shares. Now For filling the Annual return of the company for year ending 2010 which form we have to file about transfer of shares, and please suggest about other requirements to be filled in ROC to intimate about Transfer of shares Thanks and Oblige