A private company has converted into a public company. The Company is a loss making company and Prior to conversion it was paying remuneration to Managing Director in excess of limits specified u/s 198+Sch XIII.
My query is, whether it can pay same remuneration after conversion without obtaining Central Government approval.

Is it possible that MoA & AoA can sign/subscribe by One CA and Form 1, 18 and 32 can upload with other CA's Digital Signature??? Although Name of both CA are mentioned in PoA. Both CA r nt Partner.Pls urgent...

Dear expert friends,

Considering your expertise and experience, will like to know following:

1) What are the factors a pvt limited co must keep in mind while increasing its authorised capital &

2) What is an adequate authorised cap as per you.

Along with increase in authorised capital, many other provisions/factors are attracted, for eg;

1) Stamp duty
2) Applicability of Caro
3) Appointment of Co secretary
4) shift from Small & Medium Companies to non-SMC
5) applicability of Accounting standards
6) Losing its identity as pvt co, etc

A private lts co wants to declare dividend. It has post tax profit of 50 Lakhs for the year. for declaration of dividend i have to transfer 10% to reserves ..say 5 lakhs...then can i distrubute remaining 45 lakhs as dividend?

also the company has previous years accumulated profit upto 30 lakhs...can i pay dividend out of this profit as well after one year....that in this year....

the paid up capital of the company is 1 Lakhs and has 10000 shares...can i pay 45 lakhs as dividend (at such a high % of dividend)...if yes then whether all provisions of seperate bank account etc are applicable to the private limited company?

if dividend cannot be paid that high...is there any other way the profits can be distributed amongst shareholders?

In Notice why do we include resloution under special business and why we dont include resolution under ordinary business? Is there any provions for that?

Can a person be appointed Manager in more than one company.

In case of MD, the person can be appointed in more than two companies with Central Govt. approval sought through Eform 25A. Is it also applicable for Manager?

Whether the appointment of Manager under Companies Act be disclosed in the Directors' Report?

If no then where the disclosure should be made in the Annual Report?

Is it possible that MoA & AoA can sign/subscribe by One CA and Form 1, 18 and 32 can upload with other CA's Digital Signature??? Although Name of both CA are mentioned in PoA.

A private limited co whose main object is media wishes to transfer 99.99 %of shares to NRI having dual citizenship and NRO account,
I would like to know which forms are required to be file with RBI and where?

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?