Section 293(1)(d) says that if the amount of borrowing exceeds the aggregate of paid capital plus free reserves then members consent has to be obtained in general meeting. This resolution specifies the maximum borrowing limits.

Query is that whether the limit so fixed includes the agreegate of paid up capital and free reserves or not?

In other words whether the resolution is for exceeding amount or the entire amount?

whether provision for charge under companies act,1956 are applicable on private company and unlisted company?

Hi,

If one wants to convert his partneship business into pvt. ltd. co., he should convert the partnership into co., or he should incorporate a new co and make that co. partner in the firm, which option is better?

Kindly make suggestion.
Thanks

Can a private company get its shares dematerialized? If yes, then how it will ensure the compliance with restrictions mentioned in its articles, since it might not be possible to control the transfers in demat form?

can part of shares of the company be dematerialized?

our Company which is a listed co has received share application money of rs. xyz. whether disclosure iof the same is required to be amde in annual report or corporate governance report.

If yes then what points are to be disclosed.
PLz forward a apecimen

Mr X is having some physical shares in his name, holding it singly. Now Mr X wants to hold the share jointly with his Son.

Please answer following:-

1) Will it be transfer made by share transfer form. If yes, what will be the consideration ?

2) If no, how will the change in name be made effective.

3) Will there be any Income tax issues

4) Comments/ remarks/ any other issue arising out of the transaction.

Thanks,
Dipti Parab

what is the procedure for transfering the shares to the legal hiers in case of death of the shareholder in a private limited company

What is the procedure to appoint a nominee director in a public limited company?
(Here the nominee is a govt of India's employee & GOI has asked the Company to appoint him as a nominee director in the said company, due to the fact that there is a JV b/w the company and the Govt.)

Also want to ask that - Is consent u/s 264 reqd? or is any other consent reqd?

Also what will be the attachments in e-form-32 other than the Board resolution?

Paid up Share capital of company is more then 5 crore and company has whole time company secteratry , whether compliance certificate is required for the company and whether there is need to file form 66 .

Sir,
I want to know that who will appoint the First Auditor of the Company when Board of Directors & Also the share holders of the company fails to appoint the First Auditor of Company in their General Meeting.

I am asking this question because Central Govt. has power to appoint the Auditor in case where Company fails to appoint the Auditor in Annual General Meeting,

& in the above case company fails to appoint the first auditor in their General Meeting not in the Annual General Meeting.