Can an NRI be a subscriber to the Memorandum of Association (MoM) and Articles of Association (AoA) of an Indian Company?
Under FERA there was a notification permitting NRIs to invest upto Rs. 10,000/- as subscriber to the MoA and AoA. However, FEMA notification 20/2000 is silent. Kindly let us know if an NRI/ foreign national/foreign company can subscribe to Memorandum and Articles of Association of an Indian Company and up to what amount?

What is the minimum rate of dividend by which a private limited company can issue redeemble preference shares?
Can 0.001% preference shares be issued?

please inform length of notice for board meeting?

2 DIN Nos are allotted to a director of a Co, What is the procedure to surrender one of them?

our Co. had paid dividend to Pref. shareholders for 2 continuing yrs without approving it at AGM. Is there any default?
Now what step should be taken to rectify the error?
plz also tell the penalty for Default.

HI,
I am Sanjeev. my query is that there is requirement of inernal audit under CARO if unlisted co. has paid up capital and reserves more than 50Lakh. my question is that whether share application money pending for allotment will be included in this condition or not.

Plz. send filable form of Annual Return of Schedule V of The Companies Act, 1956

I understand that a foreign company has the option of starting a business in India through a plethora of options - liason offices, branch offices, subsidiaries etc.

Assume that a foreign company chooses to open a liaison office and does so. What I would like to know is if there is a special procedure that a company is expected to follow if it want to convert this liaison office into a wholly owned subsidiary?

HI,

Can the subsidiary company invest in the shares of its holding company? is it possible?
In this case the holding company holds 90% of shareholdinds in Subsidiary company. Is the above transaction valid under the Companies Act, Please guide

A private limited co. wants to issue shares to its existing share holders on right basis. It has no power in the articles. What should be the procedure for issue of shares on right basis in a pvt ltd co.? Please rply