Hi, is it compulsory to have fulltime company secretary for company having paid up share capital of more than 7.73crores as on dec 09. Kindly help urgrent

Please help on this matter,
One of our client's want to form a company. His business is of web hosting. He has send me his main objects to be filled in Form 1A as:
"Offshoring & Outsourcing solutions, Web development and marketing services, E commerce and affiliate marketing".
Can I put only this much in Form 1A and send it and later on give details in MoA, or do I have to elaborate the objects?

I am not able to find any thing worth on the net. Can anyone elaborate on these points and send me a good draft that I can mention in Form 1A?

Looking forward to a quick reply.

what is the procedure if a company received excess dividend.
Excess dividend have been received because of shares sold but not got transferred & even the transferee has not asked for the same.

Should the company book the same as income or it should be refunded to Company or it is to be deposited in Investor education fund ?

Dear Sir,

Whether in a Public Company Four whole time Directors can be paid monthely remuneration of Rs. 2 lac, Rs. 1 lac, Rs. 1 lac, Rs. 50,000/- respectively, when company has net profit of Rs. 1.20 crore in the year 2008-09?

If yes, how ?

If no, suggest the ways available to give above remuneration ?

your prompt response awaited.

Thanks & Regards,

Ashish Soni
CS Final Student

A PVT. LTD. Converted into A LTD. 2 YRS Before --Mr. A appointed as MD by showing change in designation in Form 32(Form 25C not filed)- Salary as per Form 23 was different and actually paid is double the amt shown in F 23.Form 23 for inrease in rem. not filed. Max. remuneartion payable to all dirs has exceeded the overall limit. If salary falls under section II of part II of Sch XIII then approval of remu. committee is a condition
Please guide me what to do to comply with sec 198, 309 etc.

A company registered under the ROC of one state can file its INCOME TAX return in some other state??
please reply as soon as possible...and if possible then give some reference or proof...

Whether a company secretary in employment of a listed public limited company drawing salary of Rs. 40,000/- per month can be appointed as Director in that company ?

Esteemed experts are requested to reply to the query substitiating relevant circular/ clarification/ case law.

With Regards,

Neha Jain
nehajaincs@gmail.com

Whether a company secretary in employment of a listed public limited company drawing salary of Rs. 40,000/- per month can be appointed as Director in that company ?

Esteemed experts are requested to reply to the query substitiating relevant circular/ clarification/ case law.

With Regards,

Neha Jain
nehajaincs@gmail.com

If a Pvt Ltd Company, which is not doing any operation and directors want to liquidate(or sell) it, has not filed annual accounts with ROC for the last 7 years, then can it file accounts for the current year only. If yes would it be saved from additional fees??

Mr. A & Mr. B wants to incorporate a Pvt. Ltd. Company and an NRI Mr. C (Resident of India but now he is living in abroad) provides the finance to this co. to start the business.

Whether Mr. C NRI (Resident of India but now he is living in abroad) can be a promoter of a Pvt. Ltd. Co. or not?
If Yes then what other laws will be applicable?
If no then what treatment will be available to this co?


plz rply
its very urgent