Corporate Law QnA [Resolved]

All Resolved Open

CS Ankur Srivastava

This Query has 6 replies

26 November 2008 at 09:44

Section 314(1B) of The Companies Act, 1956

Under section 314(1B) for the appointment of relative of director in the office or place of profit no limit is pescribed. There words are used sum as may be pescribed. What should be the limit when rule 10C of Central Government(General forms and Application) Rules pescribed the limit of Rs. 20000/- and Director Relative(office or place of profit) Rules, 2003 pescribes the limit of 50,000/-.
My contention is that when theres is specifically rules for such appointment why we should look after any other rules and limit should be Rs. 50000/-. Is it correct?

CA. Santosh Jain

This Query has 3 replies

25 November 2008 at 21:53

share transfer

One director who is subscriber of share in MOA of a pvt. ltd. wants to transfer the share to new appointed director, in such case what will be procedure ?

brijesh

This Query has 2 replies

25 November 2008 at 13:45

contravention of sec 383-A OF THE COMPANIES ACT

WHAT IS THE CONSEQUENCES FOR DEFALT

brijesh

This Query has 1 replies

25 November 2008 at 13:35

contravention of sec 211(3A)(3B)(3C)

I HAVE RECEIVED A NOTICE FROM ROCTHAT FROM MY P/L ACCOUNT THAT THE AMOUNT OF REVENUE FROM SALES TRANSECTIONS IS NOT DISCLOSED IN THE FOLLOWING MANNER ON THE FACE OF PROFIT & LOSS :
TURNOVER GROSS
LESS EXCISE DUTY
TURNOVER NET

khushboo nangalia

This Query has 4 replies

24 November 2008 at 17:10

Remuneration of directors

What is the limit as per Sec 309 of Companies Act for payment of remuneration to directors

Kumar

This Query has 2 replies

24 November 2008 at 17:00

Increase of Authorised Share Capital

Dear Experts,

Kindly guilde me what all e-forms company required to submit for its increase in its authorised share capital i.e from 4 crore to 5 crore.Company is private limited.

Please also breifly provide procedure.

Regards,