A NRI wants to invest in a company (business being paper industry)and a firm (business being quarry) in India. How can the company or the firm avail the funds from NRI? kindly suggest the ways to obtain the funds under FEMA.

Can a private limted company issue FCCBs through private placement to one of its foreign eqiuty shareholder holing 10% of its shares? If so kindly suggest me the procedure.
or
Only listed cos are allowed to issue FCCBs?

kinldy clarify.

Can a Whole Time Director be appointed as CEO / CFO of other companies?

Regards,
Rishi

What is the difference between a Power of Attorney and a resolution??

For some puopose we have been asked to provide a Power of Attorney authoprising our CS to sign and execute the documents.Will it be fine if we give thenm a resolution??

Will it make any difference if we give resolution instead of Power of Attoprney.?



Regards



Priya

How to conduct 1st BM of the Company if one of the Directors is out of India. Total Director are 2 and case is of private company.

Please tell its urgent.

What all resolution can be paased by way of the postal ballot??


Regards

Priya

Dear Experts,

I would like to confirm the procedure of conversion of unsecured loan amt. into equity share capital of a public ltd. unlisted co.

The points to be kept in mind are as follows:
A- Provisions of Section 81 and 75 are applicable.

B- AOA is silent but provides that the right to call of shares shall be given with consent of members.

So, the procedure is:
1- Pass Special Resolution in GM and File Form 23 & 2.

Pls confirm me whether the above points are correct?

Dear Sir,
I would like to know whether maintenance of Fixed Assets Register is compulsory as per any Corporate Law for a PRIVATE LIMITED COMPANY.


Please help me out.
Thanks in advance...

Can alternate director occupy the positions of the Original Director in various committees of Board including Audit Committee?

can a company give its managing director more than 5% of its profit without obtaining central government approwal