What are the various provisions of Company Act & IT Act which are applicable in case a company takes loan from its Directors.

I f the Pvt. Company want to remove the director by force than what is the care to be taken for removing the same. and what is the remedies available to removed director to file any kind of the penal or any other action against the company.
what is the penalties applicable to the continuing director if they found the officer in default.in forceabley removing the director.

can a company transfer agriculture land under lease to a farm in which all directors are partner?

i am filling form -1 of mca for incorporation of company .

size of file is 4 mb after all attacments in pdf and i wan to upload that file but mca can not upload file whose size will exceed 2.6 mb.

pls tel me how i can upload this file in other words reduce size of my file.

pls reply urgently if any one have solution for it

author : M.D.SHARMA

Posted On
21 January 2009
PL ADVISE:-
1TIME LIMIT AFTER A DIRECTOR HAS RESIGNED,FOR THE ACTIONS DONE BY HIM DURING THE PERIOD HE WAS DIRECTOR.

2. TIME LIMIT FOR ACCEPTING OR REJECTING RESIGNATION OF A DIRECTOR AFTER WHICH THE RESIGNATION CAN NOT BE ENFORCED.

hi.

I want to know which are rbi norms to be followed in order to avail foreign loans (ECBs) by an indian company.Please also provide the RBI circular stating it..do reply fast , as its urgent...//


regards,
Tarin Shah

Hello, Please let me know what is the means of Manager under the companies Act? is this term include the Whole time Director also?

As per the provisions of section 77B of The Companies Act 1956 a Company cannot Buy-Back its Shares throught any subsidiary comapny including it's own subsidiaries.
Can anyone please explain me the logic behind this amended provisions as to why law has specifically prohibited the buyback through such mode?

we have a private company in which their are 4 directors, out which 2 directors are retiring and their share is taken by one of the director , i wanted know along with form 32 what should i file with mca, and what are the attachments to form 32.is their any other form should i file for transfer of share and I wanted to know for transfer of share we have to pay any stamp duty . I want to know about qualification of share. please reply me soon

Is there any procedure of Filing Form 32
for removal of a director from the board without resignation letter, Din 2 ( not willing to submit)?