Can a private limited co. accept share application money beyond its authorised capital. say auth cap of ABC pvt Ltd is 30 lacs and paid up cap is 25 lacs.

It has received share application for Rs.15 lacs. Is it correct?

Company intends to increase the authorised capital at the time of allotment which may be after 2-3 months.

Please tell me sections regarding how can we increase capital so that some shareholders (presentaly they r having 18% of paid up capital) become minorities. Can we have to give notice of Board meeting to (In which we r increasing share capital)them.

Thanks in advance.

Who is a Shadow director? What is his role in the company? How is he different from the other directors?

Whats the diffrence between Charge & Morgtage

please provide the amendmends or link for the same applicable for CA final exam's of june'09

please provide at the earlieast

Respected Sir / Madam,

Can a Dircetor or Dircetors of Pvt Ltd Company take Commission in huge amount other then Remuneration received on mothly basis ? What are the norms regarding that ?

Regards

Ashok Kumar Vyas

In case of Public Co., What is the procedures & conditions to be fulfilled for appointing a Director as Managing Direcor.

Can you also brief the Forms to be filed & Resolutions to be passed ??

Please reply...

Dear Friends,

Please advise. Can a person be appointed as WTD of more than 1 company. Also mention if there is any source or DCA clarification etc.

As per my opinion a person may be appointed as a Whole Time Director in more than 1 company especially under the same group companies.

Regarding WTD there is no specific provision like sec. 316(MD) or 386(Manager) to regulate the appointment of WTD. As far as section 269, 302 and schedule XIII are concerned they don't talk about no. of assignments as WTD.

Thanks in advance. Regards

Hi...

Can we file Balance Sheet and Annual Return in Form 23AC & ACA and Form 20B by simply mentioning Sd/- in place of actual signature of directors. Is this a legal method. Share your experience.

Let me tell you that i am following this method from last 2 years and all the forms are approved at MCA portal and properly reflected in the Master Data of my companies.

Regards-Ankur

Dear Friends

A Pvt.Ltd Company incorporated in Year 2001 issue shares to shareholders at par Rs.100/- Each .
In the year 2007 further issue equity shares to directors at premium of Rs.500/- each.

Further issue equity shares to directors at par Rs.100/- Each in the month of feb,2009.

Please tell me the allotment of shares in feb,2009 at par is correct and as per company act,1956 or not.
Please help me.

Thanks & Regards

JAI HO

S.K.GUPTA