This Query has 3 replies
hi,
My query is that in case of limited company, if any Whole Time director has crossed his age above 70 years then is there any need to file form 32 regarding his retirement of such director from his post of Whole Time Director.
This Query has 4 replies
What is the minimum number of independent directors in a listed company?
This Query has 3 replies
1) A pvt. Co. desirous of getting its securities listed (after conversion into public co.) is planning to allot shares on preferential basis without involving public, i.e., pvt placement at the stage of IPO.? Is it possible? What is the procedure for the same.
2) The same Pvt. Co. after converting into Public Co. shall be required to file prospectus or Stmt in lieu of prospectus.
In case a prospectus is prepared, vetting of th same and getting the draft approved by SEBI n then preparing a final prospectus shall take more than 30 days' time (ROC filing of Prospectus should be completed within 30days).
How can the company then solve this problem?
This Query has 1 replies
Hi,
can anyone let me know that what will be the stamp duty on issue share certificate and which kind of stamp will be applicable. same query in case of share transfer (amount of stamp duty and kind of stamp). My company is having registered office at Rajasthan.
Pls let know as earliest.
Regards,
Ananta Mittal
This Query has 3 replies
A Ltd. is a public company having paid up capital of less than Rs.1 Cr. Basically formed for rendering professional services like internal audits, etc. If B Pvt Ltd. having paid up capital of more than Rs.1 Cr. appoints A Ltd. as an internal auditors of the company, whether provisions of section 297 gets attracted (in relation to prior approval of Central Government)on either side, given both the companies have 1 common director.
Thanks
Suhas Patil
Pune
This Query has 1 replies
Hi,
I want to know how much it cost to incorporate a new pvt. co. with an authorised capital of Rs.100000 and in what time it takes to form a new co.
Kindly assist me.
This Query has 3 replies
A private limited company has not filed annual returns ( 20B.23AC,23AC ) for the last 6 years. What could be the consequences if a company does not file annual returns for such a long period ?
This Query has 4 replies
REF: PRIVATE LIMITED COMPANY
Hi,
Please help to solve the position I am facing for my company. (family business).
The company has 5 directors (all related to each other and all are shareholders). (2 directors only when established 12 years ago. 3 more added 2 years ago).
We are in process of taking LOAN from our existing bank as packing credit against mortgage of MIDC property.
The loan is approved by the BANK. All paperworks from their side are ready.
The BANKERS insist that all documents franked and unfranked related to processing of this loan should be signed by all 5 directors.
Now, 1 director is out of town, and we do not know how much time it will take him to return back.
We want to avail the loan immediately now that its sanctioned. Is there any provisions / act by which we can pass a resolution or do something by which the 5th director is not required to sign any document and we can still avail the loan?
If so, please advise what are my options. After signing of the bank documents, a triparty agreement will be made for LEIN of property between the company, bank and midc. In that case also we don't proceedings to be hindered because the 5th director is not here.
Please can anyone guide me?
Thanks very much in advance.
This Query has 2 replies
HELLO
IF ALL THE SIGNATORIES DIRECTORS ARE NOW FILING DIN-3 THAN WHO SHOULD SIGN THE DIN-3 FORM. BECAUSE AS PER MY KNOWLEDGE MCA PORTAL WILL NOT RECOGNISE DIGITAL SIGNATURE OF THE DIRECTOR UNLESS FORM NO.32/DIN-3 IS FILED.
PLEASE HELP ME OUT.
THANKS IN ANTICIPATION.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Retirement of Whole Time Director