In a Pvt. Ltd CO., the Authorised and Paid up share capital was Rs. 100000 on 31-3-2008. On 2-6-2008, the Authorised share capital is increased to Rs. 2500000. The Paid up share capital is Rs. 1200000 on 15-6-2008.The AGM was held on 29-09-2008. My query is that whether there Form 66 is to be filed with ROC or not.
Plz Ans.
Thanx

In a private company suppose some amt of donation is given for welfare, is approval of Board required or Board resolution to be passed for giving donations. kindly reply at email id
agarwal.sarika@in.kline.com

In a private company loan given to the employee does it requires Board resolution or some approval from the Board... kindly suggest... email id
agarwal.sarika@in.kline.com

Can a company pay dividend in cash under acknowledgement



or there is any provision/rule which specified that it should be paid by cheque/warrants?



Sect 205A say co. must open a separate accout for div.and deposit div amount wthn 5 days frm the date of declaration.



If a pvt co. directly sending cheques in 30 days from the date of declaration.



whether is is violating the law.

can a pvt ltd company retire it`s directors by rotation by inserting a clause as such in it`s article.

whether a company can accept advance against share capital even if its authorised capital is fully paid up ?

Can a director who has attracted disqualification u/s 274(1)(g) be eligible for reappointment in the same company (i.e is defaulting company)?
(Should reasonable or literal interpretation be followed)

Can we pass resolution at AGM for approving the interim dividend paid during the year as final dividend for the whole year?

If yes, let me have a specimen resolution

I want to incorporate a private limited company having authorised share capital of Rs. 5,00,000 then for how much amount i have do franking on MOA, AOA & Form 1 and how much is paid as ROC Fees and how the same amount is paid.

a pvt co has an accumulated profits of Rs.70 lakhs in its p&l a/c on 31-3-08. the company has earned a profit of 10 lakhs for the half year ending sept 08. now the company is going to declare an interim dividend of 50lakhs claiming that Companies (Declaration of Dividend out of Reserves) Rules 1975 is not applicable to it as they are paying from accumulated profits not from reserves. (as the provision is "In the event of inadequacy or absence of profits in any year, dividend may be declared by a company for that year out of the accumulated profits earned by it in previous years and transferred by it to the reserves, subject to the conditions that....)

again is the Companies (Transfer of profits to reserves) rules 1975 is applicable to the above transaction? The company is claiming that the above Rule is only applicable if it pays dividend from the current profits only.So it is not applicable to them.

if it is applicable to them what will be the amount transfered to reserve; is it merely 10% of current profit(10 lakhs) assuming dividend exceeds 20% of paidup capital.