I would like to know, If company makes profit, what is maximum remuneration payable to managerial person. i.e (M.D., W.T.D, manager)as per act.

Further, if company makes profit, is it mandatory for company to comply the limits set in part II of shedule xiii for fixing managerial remuneration without approval of Central Govt.
or
Company needs to comply the limits set in part II of shedule XIII for fixing managerial remuneration without approval of central Govt, only if it has less profit or loss.

Awaiting for reply

regards
jayesh n t

pl tell me the time span within which a pvt ltd. company should issue shares from the date of receipt of share application money

and what is time span a public company which is not listed should issue shares from the date of receipt of share application money

thanks

Can anyone please tell me if the limit of Rs. 5000, mentioned in ScheduleXIV, for the assets to be provided the 100 percent depreciation is increased to Rs. 10000/-?? If yes, then can u mail me a notification or something....

Please tell me the procedure for issue of bonus shares by a private limited company.

A private limited comapany having paid up capital of Rs. 5.00 lacs and reserve and surplus of RS. 5.00 Crore wants to issue bonus shares to the shareholders.

Whats the ratio in which company can issue bouus shares and in which meeting whether board meeting or general meeting and what are the formalities in this regard.

A closely held public limited company has six directors. Three directors have obtained and DIN-3 has also been filed with ROC. The other three directors have not obtained DIN and they are not traceable. They are not attending the board meetings for the past three years. There is no communicaion from them.

The Company would like to remove them from Directorship. Please advise the step-by-step procedures to be followed for removing them from Directorship.

Also advise how to file Form 32 for removal of Directors as they do not have DIN.

How to file Annual Return after removal of above said Directors.

with regards

Muralidharan

I have one company registered in India.
it is selling software

But the problem is that one director is in USA and from there he is running the company.Actually he has a website.
The sale method is that the party download the software from his website.
sending hard copy is not necessary than.
he is also having one company in USA

Can there be a problem in future in Income tax or sales tax or any other department bcoz of this.

Should the indian company be a susbsidiary of that foreign company.is in mandatory.what are the procedures id mandatory.

Or we should pay Remuneration to the foreign director whene ever he is in india in cash.

Please help.if there is any more solutions.

I WANT FACT & JUDGEMENT OF THE BELOW MENTIONED CASE RELATED TO DATE OF VALIDITY OF INCREASE IN AUTHOSRIDED CAPITAL OR ANY OTHER CASE LAW RELATED TO THE SAME MATTER IN DETAIL ....

PLEASE MAIL ME AT adarsh @ agrimatrix.in

thanks



Adarsh





Any increase in the authorized share capital would come into effect immediately on
passing of any valid resolution in this behalf, and filing of the requisite e- Forms 5, 23,
being a ministerial act and procedural in nature, would not influence the date of increase
of the authorized share capital. [Kobian (P) Ltd. v Kobian India (P) Ltd. (2005) 64 CLA
281 (CLB): (2005) 59 SCL 608 (CLB)]

Hi!!!!
To all my seniors and experts.
I had a query that if in previous year in ROC return of company all the forms are uploaded but by mistake payment of one of the form was not made and the challan expired ( eg . 20B Expired but Form 23ac's payment made). and this error is found in the next year, then what will be the problem for this error. and any way to correct that problem pls do tell me . I am waiting

whether actuarial valuation is compulsory under payment of gratuity act,1972. What Are the provisions of actuarial valuation

HI Experts!

PLZ TELL ME THE PROCEDURE OF STARTING A NEW BUSINESS MENTIONED IN THE OTHER OBJECT CLAUSE OF A COMPANY'S MEMORANDUM? AND WHAT IF THE NEW BUSINESS RESULTS IN LOSS? CAN IT BE SET OFF WITH EXISTING BUSINESS?