whether sec.314 is attracted when a director is paying remunertion to his mother of Rs.50,000/- from the company and if applicable what are the formalities which are required to be complied with and how?

As per Section 260 Board can appoint Additional Directors who shall hold office upto the date of next AGM.
If a company appoints additional director on 15.10.2009 and holds an EGM on 10.04.2010 for some urgent business in which the company receives nomination from a memebr u/s 257 and if in the EGM the resolution is passed against the Director i.e not to appoint him as Director liable to retire by rotation by members. Then whether his tenure will end at this EGM or forthcoming AGM of the Company.

What are the clauses to be deleted/added when a Public Company is converted to a Private Comapny ?

Can a Private Company have a Public Company as its subsidiary ?

Regards,
Rajiv Kaicker

hi friends, "A Pvt Ltd" hold 10000shares (F.V=Rs.10 each) & Rs.4paid up, now APvtLtd has paid Rs.6 pershare to make shares fully paid.

Now, how do i intimate ROC,
(1) should i file form2 what we file during allotment or
(2) I dont have to file any form but need to mention in Annual Return only.

experts pls suggest.

One of the Director of the company purchased a property at very high rate.
Now what actions company can initiate against that director under the Companies Act, 1956

Dear member,

My query is can during the conversion of private company into public company, can the private company can issue share or debentures.

please suggest me the authority for reference.

thanks and regards.

I wana to know weather Inter Corporate Deposits will be considered for calculating capital base of the company for schedule 13. ie calculation for managerial remuneration.
weather loan from group companies will be considered also.

Could any one send me over a Template of Goodwill Agreement.

In one company, relating to FY 2009-10, right issue made on 23.3.2010,fully subscribed, capital increased by right isuue, then on 23.05.2011 preferencial allotment made , further share capital increased. My question is on what capitl amount dividend declared/proposed by the director payable? and we provide dividend proposed in the balance sheet on the basis of management representation,what if it will not approved in AGM.Pls guide me on this matter.

Unsecured Debentures worth Rs. 15 crores issued at a 4 times premium ( Total 75 Crores ). The registered office of the company is in Uttarakhand.

What shall be the amount of Stamp DUty to be paid?