I have one query, one of my friend has started a company. He is a director in the company but he is also doing job somewhere. They want to start a coaching centre where he along with other director will provide coaching. Can company pay professional fees to them. If yes, do we need to treat it as Managrial Remuneration.Moreover they are not paying salary to any of the director. thanks in advance

Hello, please guide me about sitting fees to Directors. Whether to be paid in cash?. with a covering note?. any acknowledgement required, any resigter to be maintained, any TDS on fees? any annual certification? please give procedure for the same. ASAP

Notice Period of board meeting for approval accounts( Qtrly) is also applicable for recent amendement from SEBI notice dated 24 April 2009.

Pl reply

A company was formed with a paid up capital of Rs 1 lakh. Three promoters subscribed the Memoraundum . One of the three subscribers did not put in subscription money . The other two subscribers took up his portion to fulfill the requirement of minimum capital of Rs 1 lakhs and subscribed . We can allot the Shares worht rs 1 lakhs to these two promoters . Is it O.k

what to do if out of three directors of a public company one director has died.
can i simply pass a resolution for casual vacancy and file F-32 with ROC or there is any other procedure for the same.


Actually i have to make this co. a defunct co. so i have to follow very simply procudure because nothing is remain in this co.

plz suggest a simple process.

My husband works in a private firm in Mumbai. My father-in-law runs his own auto spare parts firm, it is a partnership firm with my mother-in-law where her name is there only for records purposes, but for all practical purposes, the firm is run by my father-in-law. The firm has made huge business losses in the past 4-5 years. The creditors are calling up constantly and my father-in-law has decided to sell his house and assets to pay the creditors. However the amount will still not be enough to repay all the creditors.

I am concerned if my husband's assets can also get attached. He is not involved in the business and is a salaried employee in a firm. Please advise.

The director field of the Annual Return(Manual) contains word "PAST AND PRESENT" directors. What does past indicates? Does it indicate since incorporation or only last year?

In the proposed Companies Bill, 2008, it says about "Re-Registration of Companies already registered" (Sec 17).

Can anybody tell me what is this all about?

Regards

Hello

Shares of an Indian Company are say for instance 100. 99 shares are held by a foreign public company. 1 share is held by an individual in India.Is Section 4(7) attracted?

Will your answer be different if the individual in India is holding shares in nominee capacity.

Will number of members and directors be required to be increased to comply with 4(7)

Please advice. Thank you.

any one will tell me the procedure the formation of public and private company in detail and send me memorandum and article

in a private company what will be maximum and minimum director

please answer my question
thanks