In the Public company (closely held) this is the first year where there is managerial remuneration being paid to the main guy. There is a huge loss being incurred for the year. however there are adequate reserves even after adjusting the current year loss. How much is the maximum that can be paid as Managerial remuneration and what are the regulations/provision pertaining to the same.
The main two points on which i have a doubt is
1. Loss in the CY, hence should Managerial remuneration paid.?
2. Secondly, if yes then upto what limit.
3. Thirdly the computation need to be done on this years profit right? not last years right?

We want to change our registration office from one place to another within the state . could u pls advice regarding the procedure.

Can a managing director of a public limited company give loan to the company? Under what sections? What are the procedure required?

MD's appointment is ending before AGM.If there is loss in the Pr. Year but profit in the I Quarter, can Managing Director be reappointed in the AGM or Central Govt. approval is required. please let me have checklist for re-appointment of MD

MD's appointment is ending before AGM.If there is loss in the Pr. Year but profit in the I Quarter, can Managing Director be reappointed in the AGM or Central Govt. approval is required. please let me have checklist for re-appointment of MD.

hi friends i am working as a director in a pvt ltd company.i also selected as management trainee in govt psu. i am working on both positions but in pvt ltd company i am not holding any responsibility but i am included as signing authority in company's account. 1. so i want to know that can i work at both places in any way.

2.can i sign and take part in any company resolution passed by directors.

3. can i sign a resolution for appointing a new director

4.in feature can i have any problem as i am working at two places.
rest i ask you later

Dear all

can anybody send me a Board resolution of spilting of shares? Please it is very urgent.......

regards

Dear All,
Please tell me what will be the draft of the notice to be issued by the transferer director to a private ltd company. when he is willing to transfer his shares to another individual



Regards
Amit Jadhav

Can any one tell me that how much stamp duty is required to be paid on MOA, AOA, Form No. 1 and Power of Attorney on Incorporation of Public Limited Company with Authorised Share Capital of Rs. 5.00 Lacs at Delhi.

Fact :

A Foreign National i.e. Sri Lankan, who is a student studing in University in Chennai.

The said student is holding STUDENT VISA for his education in India.

Under the circumstances, whether the said student can promote a company in India and become a director in private company.

If so, I may be provided the relevant details to get myself satisfied and convinced.

I look forward to receive the response from the experts.

Thanks for the response.