Dear Experts,

As per Section 366 of the Companies Act, 2013, LLP or any other partnership firm consisting of 7 or more members can be registered as a company limited by shares.

But this restriction of 7 or more members is applicable for conversion into Private Company also? And then a LLP consisting of 3 members can-not be converted into a pvt ltd company?

Looking for the response.

Thanks.

Does ADT-1 is needed to file in case where Pvt. Ltd. Co. appointed Auditor Firm (proprietorship) as Auditor for five years, but now the same has been converted to partnership audit firm? If yes, then please explain the procedure? Does EGM need to be called and ADT- 1 need to be filed and does this reappointment will constitute as a reappointment due to causal vacancy other than resignation or something else.
Please provide the solution.
Thanks

Ruke 19(2) of Management and Administration Rules 2014 says
"A person can act as proxy on behalf of members not exceeding 50 and holding in the aggregate not more than 10% of total share capital of company carrying voting rights"

does it mean 10% of its paid up capital? or 10% of its authorised capital

Dear Sir/Madam,
I have a query regarding Form DIR 11 & DIR 12.
Whether that form can be filled after expiry of 270 Days i.e as per section 403 of Companies Act,2013.

Sir plz help about lodr concept

dear experts, whether Sch-V is applicable to private company to remuneration to directors.??

Sir,
1.In a hospital, regd as company with 15 crore authorised capital ...can the same person be the MD &chairman at the sametime?
2.In an extended AGM can the board of directors pass such a resolution?
3.Is there any minimum shareholding requirement to be eligible to be appointed as above?

When we e-filed form INC 34, the form sent for re-submission because of the following deficiencies
"Definition of private company as per sec 2(68) and name of first director to be inserted in AOA."
Please clarify the deficiencies mentioned by them.
What changes should be made while re-submitting the form?

IN A STEP BY STEP MANNER

In case entire shares are transferred relating to a share certificate then the Transferee will be issued new Share Certificate. Yes or No?