Very urgent please.

There are two directors in a private limited company who are also the members (there are only two members in the company).
One of the director has resigned as he is going abroad ( he is going to settle down there permanently). Existing director wants to appoint his son as a director ( he does not have DIN ). What are the immediate formalities to be followed to give effect to the above admission and resignation (the resigned director will not be available in India after two days as he is going abroad day after tomorrow)

Thanks in advance.

Dear Sir,

Kindly give me a draft copy of Board Resolution for Trade License.

Thanks & Regards
Sudipta

Dear Sir/Mam

I would like to know that whether BOD/Shareholder/Promoter of private company can retain its controlling powers with them even after reducing their share holding from 100% to 49% i.e. by transferring their 51% shares to a public limtied company.

Can they have controlling powers by having max. number of directors in new Board or by having voting bank with them.

Note:- Shares means equity shares.

Regards

ABC Private Limited was incorporated on 03.08.09.

Equity Subscription amount was collected from one subscriber on 05.10.09 and another subscriber on 11.11.09.

Now, what date should I mention in the Share Certificate to be issued for the subscribers to MOA.

Await experts' views with relevant rules / provisions.

A director of Pvt. Ltd. company is receiving rent from the company for the factory building belonging to the director.

Now my question is whether any resolution is to be passed in the board meeting (special/ordinary).

what if all the directors are family members of the interested director.

In such a case any other formalities have to be completed.

Please suggest me.

Thanks in anticipation

Gourav Mehta

Can a Private Limited Company act as a Proprietor to the Proprietary firm?

Eg:

For Radhika Exports
(Prop. Shree Ghanshyam Oils Pvt.Ltd)


Propreitor
Vipul Shah

i need to know the full procedure for conversion of preference shares into equity shares. company has Rs. 4,00,000 prefernce shares. as per articles of association, these shares are not convertibe preference shares.

is there any penlaty in contravation of section 314(1B)

Reply me soon

A foreign company want to incorporate a private limited company in India.Out of directors,one will be non resident.Subscribers will be Foreign company (99% shareholding) and 1 % by non resident/resident.Can you please let me know what is the procedure and documents required to incorporate foreign subsidiary in India ??

1. X pvt Ltd was incorporated on 18th Sep 2008.
Can it hold its 1st AGM in November2009.

2. Is there any time limit for signing of balance sheet.

3. Notice for Agm is issued on 28.August 2009, can balance sheet& Directors report be signed on a date after issue of notice but before AGM.

Please suggest.