A foreign company incorporated outside India as Public company under the laws of that foreign co, can we treat that as public company under the indian Companies act. Plz clarify at the very earliest.

As per the Co. Act it is mandatory to hold the AGM in the city where the Registered office of the Company is situated. But if due to circumstances a company want these two things in two different cities then is there any way.

"Declaration of further dividend for the second time out the past year's profit is illegal & ultra vires of the articles of association and the Companies Act,1956"
IS IT TRUE?
And if yes then
What about interim dividend?? can interim dividend be declared out of the profits of the previous years????

Can a public company declare a dividend in an Extra Ordinary General Meeting after declaring the dividend in an Annual General Meeting?

1. As per Section 193 of the Act, minutes of the Board meeting are to be signed by Chairman of the meeting or Chairman of the succeeding meeting.

Our Chairman is busy getting business for the Company and does not have time for signing of statutory documents/minutes etc and wants to authorize the Vice chairman to do all the signing of paper work.. Can Chairman delegate duty of signing of the Board Minutes to the Vice Chairman, where there is one by authorising him to sign on his behalf?




2. Further, Can any Director execute General Power of Attorney to some other person/Director to do the following acts, deeds and things like:
1. To represent in meetings and cast vote
2. To sign papers/docs which may be required in the usual course of business in capacity as Director
3. To enjoy all the powers and benefits which in capacity of Director I am entitled to
4. To do all lawful acts necessary for performance of all my duties, obligations, rights and interests as a Director

Declaration : I hereby declarate that all such acts, deeds and things that may be done by my above Attorney by virtue of the powers hereby conferred shall be binding on me if done by me in personam and I ratify all such acts that may be done by my above said Power of Attorney holder.

i do audit of limited compnay which has subsidairy co. but in f.y.2008-2009 now it is not subsidairy co. i give loan to it now requried to take apermission of central gov. for giving loan

Please advise me the procedure for appointment of Additional Director, who holds the office upto AGM as Director in the AGM for a private limited company.

The Preliminary expenses of a newly incorporated company offering its services abroad India stand above Rs.1200000. Can this amount be written off entirely in the first year itself?

If payment is within the limit of Section 198 then is disclosure required in Notes to Accounts

If a company is using Ltd (not Pvt Ltd) in its name. Its number of diretors are 5, promoters were 8 and no of shaeholders are 13(all are family members and relatives). What is the status of the company? Private Ltd. or Public Ltd.?