Whether Directors can withdraw from the company? If yes in what way.

If a Director of company holding 5% share increase his shareholding from 5% to 55% by issuing fresh capital without offering that to others. Is this amount to Opression or mismanagement with in the meaning of section 397 or 398 of Companies Act 1956. Please specify the case law related to above matter.

ARE ESOP AND SWEAT EQUITY SHARES ARE DIFFERENT?
BOTH SHOULD BE GOVERNED BY SECTION 79A OF COMPANIES ACT , 1956 OR NOT?

can we uploade the form 32 for resignation of Director without approval of the Board though the resignation letter of the Director.

We are an STPI Pvt ltd Co. & operate within a custom bonded warehouse. One of our director is also running his own prop. firm some where else.

Now He wants to shift his prop firm to our bonded office. is it possible that he may operate from a separate identified space within our office itself?

Just to tell you that his prop firm not doing any STPI activity.

Please clarify.

Subhash

There is 3 directors in the B Ltd and 2 of them are also director in the A Pvt. Ltd.Can only from the point of mejority of Directors B ltd is Subsidery of A pvt. Ltd.

One of my clinet DIN is rejected due to following reason...
1. Non-submission of Affidavit (for applicant or his/her father's name being a single name)
2. The particulars of your father's name filled in application form do not match with the particulars of your father's name in the enclosed evidence.

so now i required to submit affidavi but the affidavit given at mca portal is like

I am PAVSAN MUNDADA and my father’s name ASHOK, appearing on the enclosed ID proof, is single name. My grandfather’s name is LAXMAN. For applying DIN application of mine, I am mentioning my grandfather’s name " MUNDADA" as my father’s Last name, as this a mandatory requirement for applying DIN. (Referred point no. 16 in FAQ at www.mca.gov.in ). Both names denote one and the same person.

I solemnly state that the contents of this affidavit are true to the best of my knowledge and belief and that it conceals nothing and that no part of it is false.

SO WHETHER I HAVE TO MENTION MY CLIENT GRANDFATHER NAME AS MY CLIENT SURNAME OR I PUT HIS GRANDFATHER NAME ONLY...

DO SWEAT EQUITY SHARES OF UNLISTED COMPANIES REQUIRE A LOCK-IN -PERIOD OF THREE YEARS AS PER UNLISTED COMPANIES(ISSUE OF SWEAT EQUITY SHARES) RULES , 2003 OR ANY AMENDMENT HAS BEEN MADE TO THIS.
IF YES WHAT RULES SHOULD BE KEPT IN MIND?

K is a private limited company. Its shareholders are ABC- 50 percent shares and XYZ- 50 percent shares. NOw ABC has appointed 2 directors on the Board and XYZ has appointed 3 directors on the Board. Due to the composition of the BOD K Co. becomes subsidiary of XYZ, which is a listed company. Is there any way out by not changing the composition / shreholding pattern remove K from being the subsidiary of XYZ.
Ist opition is that can one director be given only casting vote at the time of meeting so that the decission taken at the meeting cannot be favoured for one company. Is it necessary to give directors voting rights.. Kindly guide.... urgent...

Dear Sir,

can we maintain ROC Register in Computer under company act ?