Hai Friends,

Kindly tell me the Procedure to incorporate the Company.

Dear All,

I want to know what is the minimum number of employees for register for the PF account and ESI account.

Is it mandatory to register?

Thank you

Hello Everyone,

in our co the charge has been created of Rs. 9.5 crore with ICICI Bank in 2006. and in 2007 it has been reduced to Rs. 8 crore and then after some time to Rs. 6.5 crore and the co has defaulted in filing form 8 with ROC for modification in charge with in the time limit.

now the point has came to know, please let me know how should i go for CLB approval? what are the other compliances and is there any other alternate to come up with this situation?

What is d procedure of removal of director from pvt ltd company?????
pl let me also know the section for removal.....

can a private ltd co. can convert its creditors in the share capital to allot them shares

Dear all

I am filing form 32 here one doubt arised that is the company has 2 directors one director died on 09.03.2009 my doubt is 1. which date I mention in form 32 ? (cessation effect date)
2. date of the appointment of the new director? (can I mention the date 15.03.09)
3. when the company hold a board meeting?

can I mention death of the director date or any date (I think 15.03.2009)

dear all,

pls advice me about the way to extend the period of reedemable preference shares of my company. the redeemption period of the such shares was 3yrs(locking).

pls, as per section 80a, should i file an application to tribunel.

or

simple callng BR meeting and EGM of such class shareholders to extened the period .



Advice me as soon as possible.

I'd like to know whether can a nominee director (nominated by Government) be appointed through circular resolution in a private company? If yes, please provide the format of the same.

hello everyone,

our co is a pvt. jointventure co. in which foreign stake is 51% and indian stake is 49%. our authorised capital is 14 crore including 8 lakh pref shares of Rs. 100 each. and issued & paid up pref shares are 460333 shares of Rs. 100 each.

now our co wants to increase its issued pref shares for meeting bank related requirement of Rs. 1.5 crore.

now pls tell what compliances i should follow for issuing further pref sahres and to what extent i should issue pref shares? how should i calculate the no of shares that should be issued?

and also tell all applicable forms and amount of stamp duty applicable in Mumbi for the same.

pls reply ASAP, its urgent.

My question is:

"What mandates a body (individual/partnership firm/company) to form an NBFC??"

Should an arranger of loans such that he brings together a borrower and desirous lenders together and gets the deal done required by law to get registered as an NBFC or is there any other regulation governing it??

For example, a borrower intends to borrow Rs.50,000 and reading this borrower's profile in a brochure carried by an arranger(intermediary) there are 10 people ready to lend 5000 each? In arranging this deal is the intermediary mandated to be registered as an NBFC with RBI or as a money lender with the State or anythign else??

A related question ..

Am I as an individual required by law to be registered in any form if I intend to lend some money to a friend or for that matter any individual I m comfortable with?? I do not want to carry it on as business. The intention is to help the other individual and supplement the income that I earn from my occupation. If I get a promissory note signed, would that be enfoceable at law in the event of the borrower not paying back the borrowed money??