Hello everyone,

Please let me know one thing if there is one Pvt. JV Company - C in which 51% shareholding is of Foreign Co - A and 49% Holding is of Indian public Company - B(unlisted) and we have prepared a Shareholding Agreement Between A, B, & C then there is also required to be prepared JV Agreement between these companies? is this compulsory?

What are the differences between two?

Sir ,

Can any body advise that as to what % of total paid up capital a company can allot shares to its NRI Share Applicants .


With regards


Sandeep


Sir in this case the company is a Private Limited company having present paid up capital Rs 5 Lacs only but having NRI Share applicants . Companies principal business is in food catering

what is meant by place of profit mentioned in sec 314 of comp act...??

Dear Sir, I have below query related to Provident Fund. If Private limted company appoint experinace HR person to take care of provident fund compliances.On behalf of company he statrted his job & keep on taking all the compliances including P.F registraion of the company & started filing return on regula basis.He was meeting all the statutory compliances correctly without any delay & default.He is signing all the paper as a authorized signatory of the company. Suddenly he come to know that Board resolution is required to sign the all P.F.related paper. Is this offence under the P.F.Act if yes kindly give your opinion on this.I hope that i will get appropriate answer to my query.
Thanks & Regards
Raj Mehra

Hello everyone,

Please provide me a draft of resolution for removing a director and appointing another person in his place in a pvt. co. U/s 284 of Co's Act.

FYI, the removing director has provide resignation letter to the Board.

its urgent.

Is there any specific norm in Co Act w.r.t Provision for doubtful debts
We rely only on management certification on this. If the mgt certifies debtors > 6 mths as good, is it compulsory for making for provn or can we do away with this.


Pls reply.. little urgent

I noticed for various (new) companies, the paid up capital is mentioned as ‘00’ in the company master details of MCA21 Portal. How do we address the issue ?

Increase in maneging director's remuneration requires the approval of the shareholders through an ordinary resolution. My query is that whether such resolution is required before the managing director is paid any remuneration or a post facto approval of such re,uneration by shareholders would be ok. If post facto approval is ok, what is the time period for such resolution.

It is a known fact that if the director name is appearing in the LIST OF SIGNATORIES under View Signatory Details, then DIN-3 is already filed for him and approved by MCA21.
My query is, whether this DIN-3 will be available in the MCA21 portal or not.

My understanding is that DIN-3 if not available in the MCA21 portal, then it would be treated as PRIVATE DOCUMENT by MCA21.

Confirm whether my understanding is in order.

There is one company having carried forward depreciation loss. It had sold off all the immovable properties and deposited the proceeds in Fixed Deposit with Bank.

Now whether this company can give unsecured loan to another company by pre maturing the fixed deposits ?? If yes whether any legal formalities are required under companies act......