In case of EGM can chairman or the shareholders drop any agenda item without putting it for the vote, if they are not in a position to take any decision due to the lake of information or some other reasons.

The AGM was held on 30.09.2010. What is the last date for filing 23AC & 23ACA with ROC without additional fees. Is it 30.10.2010 or 31.10.2010.

Let us consider A, a listed company, acquires all shares of B, another public ltd. co.Now to bring the min. no.of members to 7 A nominates another 6 individuals to be members of B apart from itself(1+6=7)and arranges to transfer 1 share each in the names of these 6 people(these 6 will not be paying for these shares). If A has to retain its 100% ownership status should these 6 people appear in B's register of members as joint holders in respect of these 6 shares with A or should they appear as nominees only?
What will be the legal difference in both cases?
Also advice regarding giving of declaration of beneficial ownership under sec. 187C of Cos. Act. Will it be required in case of joint holdership?

Is letter of credit used in service industry?
If yes, how?

Is there any problem if the date of audit report mentioned in the ITR and the date put in the Balance Sheet of a Private limited company is different?

Is filing of Form 23 mandatory when a Director of a Pvt co is appointed as whole time director at the AGM of the Company.


Also give the format of resolution to appoint director as whole time director with Explanatory Statement.

Please reply ASAP

Best Regards,

can a board meeting be held at any other place than its registered office for e.g. at its corporate office.
what abt general meeting. is it compulsary to hold gm at regd ofc only.

hello everyone

its urgent,,

In newly incorporated private limited company can directors can issue cheques(from his personal bank a/c) for advance payments to suppliers of machinery where bank account of the company is not opened and payment is very urgent due to time constraint..

now plz,,guide me that is it possible or not or any other way out,,, also the right accounting treatment for the same...

plz its urgent

thanks in advance

Dear Sir,

Please if you can advice me how can we inform to ROC regarding an amendment of Articles of Association for a Section 25 Company? Which are the forms that are used for intimation of the same, We had already received the copies from regional director for amendment.

Thanks in advance!!!

In a company there was a share holder from whom the has been transfered to another company on 28.08.2010. The main company is alloting shares in March 2010 to the company whose share has been thansfered on 28/08/2009. What shold be its folio. The old one or a new one