Can fully paid up shares be forfeited?

As per sec 174 of the Companies Act, 1956; a public ltd co shall have 5 members personally present at any EGM/AGM in order to form the Quorum.

Is if 1 person represents all other members will it be sufficient compliance for the purpose of Quorum? (As per my understanding, min of 5 persons should attend the meeting, irrespective they are representing someother members or not.)

If 5 members appoint 5 proxies who only attend the meeting, is it a valid meeting?

If it is a valid meeting with regards to the previous point,and 1 proxy leaves the meeting hall after attending half the session, is it a valid meeting?

Regards,

Satish Rajan,
9886810481.

Please can anyone provide me with drafts/copies of MOA & AOA of company which is either into the following object or in related areas.
object
"strategy, management consulting and corporate advisory services in the areas of investments, finance, mergers & acquisitions and related activities"
Thanks & regards.

Dear Experts,
Any form is to be filed with ROC if Pvt. Ltd.Company obtains any loan from financial institution or if any increase in existing loan
Thanks in advance

HI,

Whenever i go through any companies annaul report , i find a statement on "Corporate Governance" can you pls tell me what is that,and why is it given along with reference to the relevant section of the companies act.

The facts of the case are as under

1) X is a pvt ltd company

2) its director mr. Z is majortiy shareholder/ beneficial shareholder.

3) The above director is in urgent money
say about 20 lacs for personal obligations

4) what is the best option availble to him. How can he withdraw or take loan without contravening companies act provsion & without attacting Tax liability
in his income.

Please help

Hi Frineds,

I have a doubt that is it filing of a fresh form32 for appointment of director is necessary, in case of PRIVATE CO, after the Annual general meeting for additional director who have been appointed during the year and for whom form 32 for his appointment as addtional director has already been filed with in due time.

MY COMPANY AGM DATE IS 30.09.2008
NOW BEFORE FILLING OF FORM NO 23AC & 23ACA I HAVE TO ASK THE AUDITOR FOR FILLING OF FORM NO 29B.

THE SRN THAT I HAVE TO PROVIDE IN THE FORM FOR 29 B IS FOR FORM THAT AUDITOR WILL FILL IN OCT 08 OR OF PREVIOUS YEAR
PLEASE CLARIFY

Hi,
Kindly let me know the detailed procedure for creating PVT LTD company.

I already seen the data which is give in the website but i request everyone to let me know each and every step which i have to take and how i should take. PLZZZZZZZZZZZZZZZZZZZZZZZZZZZ do me the needful.

Regards
NANDA

Is there any ceiling on amount of loan
which can be given by pvt Ltd company
to its director.The company is nither holding or subsidiary company of any public ltd company.

Will this loan amount will be considered as perquiste in personnel income of director under income tax law.