A foreign citizen want to sale his share holding in Indian Pvt. Ltd. company to an individual resident in India. Whats the formalities Please specify. Purcahse proce was rs. 3 lakhs and the sale price is rs. 1, because the company's net worth is tottaly eroded.

Sir as per co's act before declaring div. We have 2 transfer certain % of profit of current year to reserves. If in current year there is loss n co pays div from part profits in p&l acc. Then how much can be transfered as in CY There is no profit

Hi,

What is requirement of filing Form 23 and when it is filed ?

1. On 16th August,10 I filed form 32 for appointment of Director, the appointment of Director has been done in EGM through special business.

2. On 25th August,10 I filed Form 5 and resolution was passed in EGM, capital has also been increased on MCA site.

Is Form 23 required to be filed for above cases?

One Pvt.Ltd. Company changed its name during the f.y.2008-09 but the annual returns and balance sheet of the comapny has been filed up to f.y.2006-07.

Now the CIN no of earlier company has been changed with New Name .

Under this circumtancess how the annual return of f.y.2007-08 could be filed today with old name of the company and CIN of the new changed name.

Hi ,

What is the procedure for Conversion of Proprietory Business to a Pvt Ltd company ?

and also the tax implications on assets of proprietorship being taken over by the Pvt Ltd Company ?

Under Companues Act what is the effective date for resignation of Director. Is it the date at which resignation is given bt directir or date at which resignation is accepted by Board of Directors.
And while filing E- Form 32 penalty will be calculated from which date.

Dear All,

One pvt. ltd. co. had been purchased. the management had appointed new directors on the Board and the previous promoter director had resigned. Now the management wants to incorporate changes in the MOA and AOA regarding the first directors . they want to remove the name of the first directors of the company from AOA and from the subscribers section of MOA and AOA. is it possible? Please help me out that what I should do for this........should i continue with the existing MOA and AOA or what?>>>>>

Please provide me a specimen of consent letter for appointment of additional director as the director of a limited co. specifying the required sections of companies act.

What provisions are to be followed When an additional Director is appointed as directors? Consent of Director under which section is mandatory in case of a limited company while filing Form 32.

if public co. does not showing its qtr. results as per sebi guidlines from last 3 qtrs then what is the positions of its investors????wht can investors do???wht r the reliefs for investors acr. to sebi guidlines?