We are in the process of incorporation of a private limited company. Company name has been approved by RoC. Now directors want to execute leave and license agreement immediately for work area of company. So before incorporation, in whose name is the deed to be executed? Company or promoter director or all the promoter directors?

Dear All

A company has availed a ccol- 50 lacs,PC-20 Lscs, and FSL-50 Lacs.The charge was created on the immovable property of the company in ROC for 120 Lacs[aggregate of all facilities]
Subsequently, under instructions from HO, the exposure of the company was reduced to 80 Lacs.Thats is done by reducing CCOL limits to 20 Lacs and a fresh OD account was granted for 10 lacs[all other facilities remains the same].Now the aggregate limit is Rs.100 Lacs.There is no change in the security.Now my question is should we make modifications in the ROC as regarding the new facility and reduced limits ie: OD of RS.20 Lacs,though the overall exposure is less than the amount which was originally refistered with ROC.There is no change in the security[securities are immovable property and hypothcation]

Please advise at the earliest

Can anyone forward me a copy of a MOA & AOA of a Real Estate and a co engaged in Promoting and developing properties,

plz mail me at anirvaan@yahoo.com

Thanking U in anticipation

I have some confusion related to managerial remuneration whether sec-309,311,349 are applicable to privat limited companies.
1) the celing limit of 11% of book profit as managerial remuneration applies to private companies.

Reply quickly ist urgent

thanks in advance.

Can we attach and upload the MOA and AOA signed by the Subscribers without any stamp affixed on them, if so, can a computer typed MOA & AOA be uploaded or it has to Printed, Scanned and uploaded

Can anyone forward me a copy of a MOA of a Real Estate and a co engaged in Promoting and developing properties,
plz mail me at anirvaan@yahoo.com

Dear Sir,

I have got following queries

1) What is the procedure of reducing the share capital
2) is there any limited % of reducing share capital
3) section of companies act,1956 applicable to reduction in share capital

Its urgent

Thanx

Amit

Our company had issued 1.18 crore preferential warrants to a body corporate-Promoter Group in Nov, 09 out of which 32% warrants to be converted into equity shares at present.
Please inform me the complete procedure/formalities relating to the same.
Please also note, the company is a listed company and allottee is a private ltd company. Plz its urgent........

The private limited co. has taken a loan or Rs. 8 crores. And given a charge over assets.
Now, the company is not owner of some assets which are mortgage with the bank. so the co. has taken release of charges related to sold assets.
Is there any compliance to be done with ROC regarding this??
The loan remains to continue with remaining assets.
Whether i have to file Form no. 8 to ROC.

Whether charge to be created (form 8)for every hire purchase by the company.
Eg.if a company purchase car of rs 5 lacs under hire purchase agreement whether charge is to created for the same

Regards

Please explain Section 80A regarding the issue and redemption of irredeemable preference shares?

Also explain the period allowed for its redemption,
if such shares exist before the date of amendment made on 15-06-1988 and after the date of amendment.