if director holding shares died, can his shares transfer to his wife who is already holding shares in same company & working as director without filing transfer form? is there is need to fill the form 7B for transfer of shares?
Is section109B attracts such transmission of shares, if it is transmission of shares is there need to file form 7B?

Kindly explain the difference between director and additional director ?
While filling Form 32, new director will be independant or any others ?

Can a non-executive director sign the Form 32 to appoint a new director ? also what is the procedure for change from non executive to excutive director ?

Please tell me whether Form 2 is required to file for allotment of share to subscriber of MOA Or form 2 is only for further allotment made after incorporation then it may be to subscriber ot others if AOA allowed..

Sir,
The details are as follows
1.95% of share capital of an Indian private limited company(100% EOU under STPI ), set up in 2001, is owned by a foreign company
( Italian).
2.Now the foreign company wants to transfer the shares to another foreign company.

Kindly clarify what are the procedures to be taken under various laws;viz,FERA, Companies Act, Income tax act etc.

Please calrify whether
1. An OCB can transfer the shares to another OCB,if so permission is required ?
2. Income tax will be attracted on the Indian Company ( as an agent )?

Upto what time, (1) shares money should be received by subscribors of MOA ?
(2)time limit of shares allotment
(3) time limit of issue of share certificate
(4)any time limit of first board meeting
(5)Can share money received by cash
(6) Form 23b should be fiiled in case of first auditor

Kindly explain the procedure to change the registered office of a newly pvt. co. from delhi to gurgaon.

What is difference between excutive and non executive director of a Pvt. Ltd ?

In a newly Pvt. co. there are 3 directors( one excutive and others 2 non executive at the time of filling of
Form 32 with incorporation), now one excutive director want to resign, in such case, what will be status of other 2 non excutive directors ?

X is holding co in foreing country and Y is a Wholly Owned Subsidiary of X which is incorporation in India.

Z is a holding company of X situated in another foreign country.

X is dissolved and the shares in Y are transferred to Z.

Both are Non Residents and the transfer happens. What is the procedure to be complied with RBI.

No inflow into india hence no permission required right?

Try to send me a NOTE on the process immediately.

A company X (Private Limited)has failed to hold 1st AGM within 18 months from the date of Incorporation and considerable amount of time has ellapsed. Now the company wishes to hold its 1st AGM.

Is There any other alternative then paying Penality?

Please provide suggestion in detail about Section 166, 167 and other applicable provisions of the companies Act, 1956