1. each board meeting requires a quorum of 2/3 of the board. are there any restrictions on the number that actually need to be present at the meeting, or can there be one present and the rest join by telephone?

2. If its a foreign company incorporated in India, is it a requirement that there shoudl be at least one Indian resident director on the board?

can someone please tell me do appointments of directors have to be made at a board meeting or can they be made by circular resolution also? and can shareholders appoint the directors by way of written shareholders resolution? please answer with relevant sections.

Does a Private limited company necessarily have to appoint a full time Company Secretary when it crosses the threshold as given in Section 383? What happens if it doesnt?

Secondly, if the Private Limited Company appoints a full time Company Secretary, does he necessarily have to sign the financial statements thereafter? Which section governs this requirement?

Dear All,

Is providing SRN No of Form 23B while filing Form 23AC with Roc compulsory for a private limited company for the financial year 2008- 09 and financial year 2009 -10.

Regards

Subramanain
Bangalore.

A Private Limited received foreign remittance from the foreign company.

RBI formalities are OK.

From the RoC's view, what are the compliances to be done (other than allotment) in respect of maintenance of register of members especially for foreign investor.

Is there any exclusive register to be maintained for equity investment by a foreign company ?

Experts' may express their views including the section and provisions of companies act, 1956.

Thanks for all the concerned.

I m Totally confused with filing the return for ROC. Please Help me out in Brief what all steps should be taken to file a ROC return, also the various provision related to filing of ROC returns...???


Regards
Vinay

Awaiting for a reply

If we need to appoint a Company Secretary in the company whose paid up capital is Rs. 25 Lakh.

and the person is to be appointed on the basis of his Qualification as Law Degree or CS(Inter), than do we need to file Form 32...?

Is there any other compliance....??

Waiting for an urgent reply

Regrds
Lucky

Hello,
The definition of a public company,incldes a private company which is a subsidiary of a public company.
I would like to know whether the restrictions applicable to a public limited company are applicable to a private company which is a subsidiary of a public company.
And also if the restrictions are applicable whether the private company has to change its name from private limted, to limited.
Regards
Kavitha

In case of private ltd co. in which meeting resolution should be passed for increase in director remuneration and what are the other requirements to complied.
Pls also send me copy of draft resolution to vicky.baldi@gmail.com

Hi
Is there any time limit for entering into any transaction that is already passed in a board meeting. Foe example, for granting loans, a board resolution is required u/s 292 suppose that the board resolution got passed in 2007 for granting loan to a particular entity named XYZ....but no transaction was entered into in 2007. Now if the company want to grant loan to same XYZ, can the company grant it based on the last board resolution or it is required to pass a fresh resolution for granting the loan ?