There are specific provisions regarding the keeping of books of accounts & register of members at a place other than at the registered place of the company under Section 209 & 154 respectively of the Companies Act,1956, My question is- Can a Company keep its minutes book at a place other than the registered office of the Company? Please reply as soon as possible.

Does Companies (Declaration of Dividend out of Reserves) Rules, 1975 applies to a pvt limited co.
A pvt ltd co has paid up capital 1 lac & frree reserves of rs 25 lac. Company wants to declare rs 16 lac dividend.are there ant restrictions under co. act

Actually I am a customer of private Limited company, an association of persons formed by 9 individual private limited companies and 4 individual persons-total 13.
The private limited company have legally acquired constructed and selling flats in a housing complex.
My housing loan bank is asking for individual copy of resolution which must be taken by each of these 9 pvt ltd companies in order to be a part of another association of persons
My question is-
1. Is this absolutely necessary to have a resolution taken by the board for a private limited company to enter into another association of persons?
2. If they produce- association of persons certificate, memorandum of understanding. will these two be sufficient proof that the association of persons formed by those 9 pvt ltd companies and 4 individual persons are legally valid and viable?

Where do I find the following details as per Companies Act, 1956 ?

Key words & Required minimum authorised capital


1 Corporation - 5 Crores

2 International, Globe, Universal, Continental, Intercontinental, Asiatic, Asia, being the first word of the name - 1 Crore

3 If any of the words at (2) above is used within the name (with or without brackets)- 50 Lakhs

4 Hindustan, India, Bharat, being the first word of the name - 50 Lakhs

5 If any of the words at (4) above is used within the name (with or without brackets)-
5 Lakhs

6 Industries/ Udyog - 1 Crore

7 Enterprises, Products, Business, Manufacturing - 10 Lakhs

Await the experts' response.

Can any body help me out in the following issue.

is the BSE approval is necessary for fixing record date for the purpose of capital reduction. if so what is the procedure to be followed. is BSE is going to give any in principle approval.


Kindly help me out.

Bhawani

Sir,
if after getting DIN, Directors have not filed DIN 2 with Company and further Company has not filed DIN 3 with RoC,
1. what if company files DIN 3 today?

2. Any penalty?

3. What will be beneficial for Pvt. Ltd. Co.: -
a. Taking back dated DIN 2 Forms from Directors and making it default in Company's Name or
b. Taking current dated DIN 2 and making it default in name of Directors?

4. Will DIN status have any effect on Annual Filing of previous three years Returns with RoC?

Thank you...

Ours is a deemed public ltd. co. having paid up share capital of Rs. 8 crores.

One of the Director has made agreement with company for giving their personal car on hire to the company.

Whether we have to register this with R.O.C.

If yes in which form & what is the time limit.

The Company has a paid up Capital of more than Rs 5 Crores and hence has appointed a Company Secretary full time. But he has totake care of Financial Accounting also as he is both CS and CA. He has been designated as Company Secretary Cum Financial Controller. Can anyone please send me a draft appointment letter for this designation (both secretarial and finance)?

This is very urgent.

My mail is raghuraman_279_in@yahoo.com.

Thank You.

A private limited company has named 2 induvidals as first directors of the company without specfing any tenure of office.

the articles provides that " at the first AGM and every AGM all directors liable to retirement by rotation, shall retire and that the retiring Director shall be eligible for reappointment"

I am of the view that the first directors have to retire at the first agm and that they may be reappointed. is this the right position given the above provisions in the articles.

More importantly, when the 2 directors are reappointed at the first AGM can they be appointed for life to avoid reappointment at each AGM. will it require an amendment to Articles.

please advise.

Regards,

In case of non listed closely held public company is it mandatory for the company to file terms of appointment for remuneration in excess of 10% of profits of the company however but within overall ceiling limit as prescribed in Sch. XIII based on Effective Paidup capital.
It is mandatory for company's having Managing Director, however in the instant case there is no Managing Director with The company has only 3 whole time directors.
Thanks in advance.