one of the promotoer of a compay has withdrawl to be suscriber and director of company going to be incorporated,. he is required to file noc only for form 32 as a director. but for form 1 also there is a need of noc because he doesnt want to be subscriber.

RESPECTED SIR,
I HAVE BEEN APPOINTED AS A AUDITOR OF A PRIVATE LIMITED COMPANY IN AGM DT 9/09/2009. THIS COMPANY REGISTERED ON 28TH FEB 2008.THE DIRECTORS OF THIS COMPANY APPOINT THE FIST AUDITOR AND SUBSEQUENT AUDITOR AS PER PROVISIONS OF ACT.BUT THE AUDITOR WHICH WAS APPOINTED AS FIST AUDITOR AND REAPPOINTMENT AS SUBSEQUENT AUDITOR IS NOT DONE ANY THING NEITHER MADE AUDIT WORK OR INTIMATE TO THIS COMPANY OR ROC.IN THIS SITUATION CAN REPORT TO THE SHAREHOLDER AS A FIRST AUDITOR AS WELL AS SUBSEQUENT AUDITOR ON THE GROUNDOF THIS APPOINMENT.WHAT CAN I DO?PLEASE GIVE GUIDENCE IN THIS REGARD.

WITH REGARDS

Dear All,my Q is:
my company has shifted the registered office to another district in the same ROC.So for that I have to pass the Special Resolution.So my doubt is whether I can pass that Resolution in AGM or I can pass it only in EGM?Thanks.

As Section 309 & 310 of Companies Act, related to remuneration of directors are not applicable to private companies so is it require to pass board resolution for increase in remuneration of directors or MD??

Kindly suggest and provide format of relevant resolution!!


Regards
Vandana Kacholia

In case of a public limited Company,MD's appointment is affirmed in a general meeting (if otherwise his appointment is not required by Central Government), but before that companies follow a board meeting where the draft appointment, time, place of general meeting etc are primafacie approved by the Board.Is there any specific section about the conduct of board meeting, in this regard? Can anybody please put a light on it?

Hi
Could you pls anyone answer my queroy below

As per companies act, there is a requirement to retain the documents upto 8 financial years. But can a firm retain the documents in the form of soft data (by scan images ) instead of holding physical files or documents which will be destroyed post conversion of soft data of scan images. Pls reply

RESPECTED SIR,
I HAVE BEEN APPOINTED AS AUDITOR OF A COMPANY IN AGM FOR THE FINANACIAL YEAR 2009-10 BUT THE ANNUAL AUDIT OF THIS COMPANY FOR THE YEAR 2008-09 IS NOT COMPLETED BY THE PRIVIOUS AUDITOR.CAN I DO BOTH AUDITS SIMULTENEOUSLY.PLEASE GIVE THE GUIDENANCE IN THIS REGARD.

OURS IS A PRIVATE LIMITED COMPANY AND THE PROFITS FOR THE CURRENT YEAR AFTER PROVIDING FOR DEPRECIATION IS NOT SUFFICIENT TO DECLARE THE DIVIDEND WHICH WE WISH TO DISTRIBUTE. HOWEVER, THERE IS PAST ACCUMULATED PROFIT SHOWN AS A SURPLUS
APART FROM GENERAL RESERVES. WILL PAYING OF DIVIDENDS FROM THIS SURPLUS ALSO BE GOVERNED BY PROVISIONS OF SECTION 205 A?
AN IMMEDIATE CLARIFICATION WILL BE HIGHLY APPRECIATED.

if a company is not file form 32 in ROC also not file annual accounts & annual return .
what is the option available to unsecured loan Creditors to recover the amount to comapny .
and what is the Liabilities of Director.

Case :
A Private limited co. is presently having 2 directors/Shareholders..

Now one of the is retiring & in place of that person, another is willing to be appointed..

My Question is that what will be the exect procedure to coply with the above matter...
Whether to appoint new Director first & then to get the old one retired...(If not than the company will become one director Co.)
Also,
What about the share holding..?
Whether it is necessory to transfer any share by old director to new to become eligible for the directorship..?

Thanks in Advance...