Sir,

Is that compulsory that the person mentioned in the Form 1A as promoter should subscribe the shares(to be mentioned in MOA)of the company????????

Suppose there is a Private Limited Co. and the Directors of the Private Limited will be generally relatives or friends, and if this company has 2 directors i.e., 2 persons are relatives say both are brothers. And if this company wants to convert it to public limited then can these two brothers become directors for the company forever ? Is it in their hands ? Or they will remain as promoters only ?

The Business idea belongs to these brothers and its a private company and if they wanted it to convert the company as public limited then they should have a min. of 5 lakhs as capital. And if the entire 5 lakhs are brought by these two brothers then can they only become directors of the company including some other relatives as directors to make it as 7 members ?

When these two brothers are bringing the capital 5 lakhs from their pocket then will there be any obligation that the directors should be appointed by central govt. or any other body ?

I have too many queries like this so please let me know the answers for the above queries and then later i'll post all my queries if any further.

If an auditor is appointed in a private limited company then can he be removed by directors any time ? Can the board appoint new auditor every year ? Is it compulsory that the auditor who is auditing the private limited company should continue as auditor forever ? Will the provisions of appointment of auditor which are applicable to public limited company is applicable to Private Limited Company also ?

If a private limited company wants to appoint new auditor after completion of F.Y then can they do so ? If new auditor is appointed then will he write to old auditor as a part of code of ethics followed in the case of public limited company is applicable here also ?

My friend wants to start NGO to serve people with disabilities or chronic illness.

I want step-wise procedure about how to start NGO i.e., Section 25 Company?

If a pvt. co. is incorporated on 1.1.2008, then can it prepare it's 1st financial statement for 15 months i.e from 1.1.2008 to 31.3.2009 ?

Can nyone provide me the procedure in detail for obtaining DPIN (Designated Partner Identification Number)for a designated partner of LLP.


Thanx in advance:-)

Hi..

I would like to know what is the difference between limited companies & deemed to be limited companies.

I would like to know can any pvt ltd co. can go for the status of deemed to be limited or instead of pvt ltd directly to deemed to be limited status.

Provide me complete procedure for deemed to be limited company status

I know limited companies are normally listed on exchanges.But would appreciate if provide further information in terms of corporate goverence and income tax law

Thanks,
Prashant Sawant

Dear All,
would be careful if anybody could clarify if the statutory meeting of a ltd co. could be held at a place /city/ state other than the one mentioned as its registered office?
thanks !
rajkumar

Dear Sir/Madam,

Are there any restrictions in appointing a close relative of an existing Director ,in a Private Limited Company, as a senior executive.

The major stake holder is a listed company in Singapore, I understand that the rules of a Public Limitied Company appies in certain cases - does the appoint ment of Sr Executive fall in this catagory?

If it does, what are the approvals to be got?

R P Murari

r_p_murari @ yahoo.com

Sir,

Director of Private Ltd co had resigned from his office. While filing Form 32 by oversight I had clicked Retirement instead of resignation. Please let me know the remedy to rectify the error.

regards