Ours is a private company. In shareholders agreement, there is a clause for appointment of one representative of Investor Company as director. Accordingly Mr.X has been appointed. Now the investor company wants to replace Mr.Y in place of Mr.X. what procedures is to be followed here? Whether shareholders approval is necessary for replacement of nominee director?

Is director appointed u/s 262 considered as non- rotational director? If so, pls give the reference of section, mca clarification etc.

Whether such director will retire at ensuing AGM as he is appointed by Board or he will hold office till the tenure of original director.

Pls clarify my doubts.

Can any one provide me main object for Cinema company which involve in making,production, direction, promotion, advertising, films, short films, tele films, movies, promotional songs, music, advertising etc.

can a wholly employed company secretary become a director (in professional capacity or independent or non executive) in another company?

please reply it urgently

tahnk you in advance

Dear Experts,

THANKS for the prompt response. It is clear where sec. 17(2) of the Cos. Act says that CLB's confirmation is required for effecting change in the situation of the registered office of the Company. But it is not clear whether subsections 3,4,5,6 & 7 of Sec. 17 are a continuation of subsection 2 alone or are they applicable to changes in both registered office and object clause in general. Kindly clarify.(Urgent)

Binita

Wht is procedure for change of object Clause of Section 25 Co.

Dear Experts,

Is CLB's confirmation still required for changing the object clause in the MOA of an unlisted Public Co. or has there been any recent circular removing that requirement?(Urgent)


Binita

One can inactivate/cancel DIN allotted to him if he had not been appointed as director of any company after allotment of such DIN and he has no intention to be appointed as director of any company in future also.

Dear Experts,
Can give me list of items for which a company has to file returns with ROC particularly a PVT.LTD.Co.
i.e whether each & Every business matter has to file as a return to ROC
Thanks in advance.

dear experts
my client is pvt. ltd. co & wishes to increase the monthly salary of its 2 directors from the existing level of Rs. 10000/- to Rs. 15,000/- in one case & Rs. 15,000/- to Rs. 20,000/- to another? whether the co. has to inform the same to ROC.
if yes which form No.
please guide me in this matter with other points also.