Hi Experts,

Is it necessary to pass a special resolution for alteration of authorized share capital?.

To clarify more, we can alter the authorized share capital by passing an ordinary resolution. But by the effect of that there will be a change in the respective clause in MoA. Hence my doubt is whether it is require to pass a special resolution.

Is it necessary for private limited company to provide depreciation on a rate specified in the Companies act 1956?

We are providing consultancy services. We have awarded a job in canada. My questions are:
1. Service Tax is applicable at the time of billing to foreign client.

2. Accounting Enteries.

3. Tax Liabilites.

4. Any Mandatory Form(s) to be submitted to any relevant authority like RBI, Income Tax etc.

Please Help Me.

Thanks,

ARUN

what are the procedures to convert a proprietor firm into a private limited company ?

I just want to know that is there any rules and provisions are made in the Companies ACt, 1956 applicable to pvt. company related to max. remuneration of Auditor can be fixed up?

whether general meeting is required to issue shares at premium or can it be done in board meeting. and jst wanted to confirm that allotment can be made in board meeting.or we can do should the above activities in general meeting

Dear Sir,

Pls give your suggestions regarding the following :

A company having genuine reserves is proposing to issue bonus shares to its equity shareholders. Can the bonus shares proposed to be isued, be issued as preferance shares. Is the company correct in doing so?.
Kindly give your valuable advice...

Can anyone give me draft resolution passed at board meeting and also special resolution and explanatory statement to file form 23 to covert private company in to public company..

Thanks in adavance

We have appointed additional director in mid 2008, according to law it needs to be regularized in next AGM i.e. AGM of 2008. But we failed to do that till date, can we regularize him in current AGM.

What are the consequences and what are the remedies.

A director in a private company didnot hold any qualification shares though the articles of the company prescribes that the director has to hold. He was appointed as Director in 1993 and stil continuing.. Now whether the director has vacated office as per sec. 283 or he was not disqualified as per sections 270-273. Kindly advice me in all the respects.