Dear all

Can contracts before incorporation be enforced against the Company?

what are the lagal formalities one should look for sale/takeover of a company 1) from buyers's point of view 2) from sallers' point of view and 3)documentation with ROC

Could you provide me what are the steps for transfering a private company to another company ?

Dear all,

I want to answer the following question

The management of ambitious properties Ltd has decided to take up the business of food processing activity because of the downward trend in real estate business. there is no provision in object clause of the MOA to enable the company to carry on such business. please tell me the reasons whether its object can be amended?

can a company purchase of share in parntership or in sole prop.

Can a private limited company be a proprietor and can you please let me know how and tax implication.Appreciate if a detail procedure can be email at samirambavi@gmail.com

pls. somebody explain me correct procedure to register a pvt. ltd company in Mumbai , as I am new to Mumbai

Modified query :

The appointment letter was issued to an employee designated as Deputy Managing Director. The said appointment letter is a regular letter as issued to any other employee having the normal terms of contract for employee. Subsequently the Board approves his appointment as Additional Director on the Board on 24th January 2006 wherein it was also proposed to appoint him as Deputy MD for a period of 5 years.

Subsequently on 11th December 2006, the Board elevates him as the Managing Director with immediate effect for a period of five years.

Pl. note no separate MD contracts have been signed by the Company.

His salary is above 24 lakhs per annum. Now pl. advise me whether his nature of employment is permanent (because he is firstly an employee) or is it contractual (as MD is appointed for 5 years although there is no separate written contract) which I need to disclose in Section 217(2A) statement.

Need clarity on the above pl. asap

DEAR ALL,

How can I calculate the limits to increse the remuneration of our directors under
Section 269 read with Schedule XIII of the companies Act 1956.

Kindly advise.

We have filed a form for registration of company with ROC Mumbai. After carrying out all the corrections; prescrutinised documents were uploaded. FOrm 67 was filed and physical documents delivered at ROC. Now the site shows status as Held in abeyance. What does this indicate? No mail received from ROC
Thanks