Whether a Board resolution is required to Accept Share Application Money.

Also what is the time period for a Private Limited Co. to Convert the Share Application Money into Shares.

I Have to increase the authorised capital of a pvt co.(newly incorporated on 11-11-2009) from 10 lacs to 2 crores.

Shd I pass a special resolution for change of articles & MOA and file Form 23 or can I file Form 5 directly without filing Form 23?

kindly guid me with the procedure for the same.

A private company has taken unsecured loans from the relatives of the shareholders. Will the same be considered as deposit under section 58A read with Companies (Acceptance of Public Deposit) Rules, 1975?

kindly do clarify me.

regards

RAJA RAJESWARI S

in case of issue of convertible debenture, when the authorised capital wl be increased whether at the time of issue of such convertible debenture or at the time of its conversion? and how much stamp duty is reqd for issue of convertible debentures?

Sir, I nave to change the name of a pvt ltd company. kindly guid me with the procedure for the same.

Helo sir,

I need some clarification regarding appointment of directors in a private company..

1. can we appoint a director as a executive director (whole time director) for more than one company?
2. Whether a director can draw salary from more than one company?
3. Where we the find the exact meaning of Whole time, executive, non executive director in the company's Act..

I just gone through the provisions under companies act.. but i culdnt get a clear and eact answers for my questions... can anyone plz help me...

if it s mentiond in the section plz quote the section no.......

What is the correct procedure to be followed for annual filing of a company?Whether it is possible that financial statements are adopted and audit report are signed on the same date?

Can the directors be held responsible for non compliance of CARO ?
If yes, how ?
What is the liability of directors for non compliance of accounting standards ?

How will the advances paid to director treated ?
Is there any way we can advice an accounting treatment in which the directors can withdraw money from the company without showing it as a loan ?
What is the limit to remuneration of directors ?
How are the personal expenses of directors borne by the company dealt ?

Can any one guide me for Compliances to be followed at the time of raising share application money and also what are the provisions relating to it after raising that money. Please provide also the source