Hi experts,

I would like to know the statutary implications, if advance for share capital(received in foreign currencies)is not utilised within the specified time frame for the intended purpose and if the delay is over 2years.

Regards

Hello sir,

Can you please tell me that is there any difference between Whole time Director , Executive Director & a director ?

M/s. ABC in a private limited company. Its promoters infused equity capital of Rs. 18.00 lacs. It received subscription from M/s. XYZ LTD Company Rs. 30.00 lacs. Further the subscription is in process and more funds are expected by the end f April 2010. However as on 31st March 2010 total subscription received towards the equity shares is Rs. 48.00 as above. Shares are yet to be allotted. This money will stand as application money pending allotment in the balance sheet. Is there any violation in respect of section 372 of the companies Act?

How to form aPvt Ltd company starting from name till certificate

regards,

Hi Expert!

Plz give me a Board resolution for Calling an EGM for Change in Object Clause of the Company and also a special resolution for it.

Regards,

Saurabh

dear all,

can u pls tell me who has to sign a resolution passed at the meeting of the directors or resolution passed at the meeting of the shareholders. pls give an early reply. if it is the directors then whether one or two.

in case of amalgamation in nature of purchase all assets of liabilities transfer to purchasing co. this transferree co enjoys the same benefits as availed by transferor co.

let us assume in this process any immovable property transfered to purchasing company.

in land record how the title/patta will be transfered to purchasing company?

is it require registration of land in the name of purchasing co?

if yes how much stamp duty payable for the same?

is there any concession in stamp duty in case of amalgamation and merger.

Company is a public company having three directors all are relative of each others. Now out of 3 directors, one director is proposed to be appointed as MD and other two directors as Whole time directors.

Now in terms of section 300, all directors are interested hence it is not possible to pass resolution by board. Hence appointment is directly made by shareholders. For clarification, payment of remu. is within 5 % and 10% of profit as specified under section 309.


But now in form 25C date of board resolution and attachment of board resolutoin are mandatory field.

Pl. guide in the matter.

How to determine if a body corporate is a public company as per the companies act, 1956. I dnt hve the AOA/ MOA of the Company. How can i determine its status. kindly help.

Thanx,
Amruta

ABC Limited is filing Form 32 for change in designation to a Director.

Query : Form 32 - Page 3 - Verification I :

Verification I - 1. Mandatory. No Doubt - OK.

Verification I - 2. Not Applicable for change in designation. No Doubt - OK.

Verification I - 3. CLARIFICATION REQD.

Even Without selecting this box, it seems the system is accepting the Form 32 without throwing error.

As the form is for CHANGE IN DESIGNATION, is it still required to give attachment.

Please note that without selection of this, it seems form may be uploaded.

(I am aware, it is mandatory if the form is for appointment)

Whether RoC raise any objection in the absence of attachment, as the company is a limited (unlisted) company.

I shall wait for the response of the experts.