Dear Collegues,

there is one case 5 lacs shares of rs.10/- eah amounting to rs.50 lacs was issued and after allotment share certificate was issued in which there was no stamp affixed. now the shares has been splitted in to 2 parts and one part is transferred. if the company doesn't afiix the stamp on the splitted share certificates, then whether it could be valid or invalid. what arer the consequences.
regards-sachin sinha

Please send me the compliance certificate format for private company.Its very urgent

Mail Id is ujwalajuwatkar@rediffmail.com

whether interim dividend paid in BOD meeting should be ratify/put as agenda in succeeding AGM

Pls clarify

we have a company whose managing director has expired on 25th of october 2010 , what are the procedure to be followed after his death like,
board resolution , appointment of new MD, and what about his share in the company,
can you please clarify
1) what form to be fillied with ROC (MCA)
2)procedure for share transfer
3)within what time this procedure to be completed
4) any other thing we should take care of

Please help

Please let me know the procedure for conversion of a society into a pvt ltd company.The Society was registered under societies registration act and consist of 9 members and was engaged in welfare activities. Can the shareholding of the above company so formed be as follows:-

Members of the Society :- 98% of the shareholding.

Directors of the Company :- 2% remaining.

We formed a Private Limited firm in june 2009.

But we never did any transactions under that private limited company.

We never reported or filed any IT return or informed it to ROC.

We don't even have DIN, service tax nu. for any of our directors .

Now we want to shutdown and close the company.

Kindly guide up.

A pvt co. ABC ltd. has only 2 shareholders

XYZ ltd. holding 9999 shares
Mr. X (nominee of XYZ Ltd.) holding 1 share

now ABC Ltd. is issuing bonus shares 9lac shares @ 90 shares for every one share

My query is whether the nominee Mr. X will be allotted any bonus shares or whether the entire 9 lac shares be allotted to XYZ Ltd.?

please reply

Dear Sir,
Mr. X is the Managing director of XYZ Pvt Ltd co. Mr. X owns a flat.

The company intends to take the flat owned by Mr. X on lease for rent of Rs. 25,000 per month and give it to Mr. X himself as Rent free accommodation. Is this valid?

If valid , is the company liable to deduct TDS on lease rent.

Please clarify,

Thanking you,

FROM,

V. Prasad.

Dear Experts

Please inform whether all the directors can be corporates in a company or atleast any one/two of directors has to be individual.

A pvt. Co. is issuing bonus shares. I would like to know whether such share certificates would be any different from regular certificates. Should the words 'Bonus Shares' or some such phrase be printed on the share certificates?

Thanks in advance