Section 165 provides that a statutory meeting has to be held within a period of not less than one month nor more than 6 months from the date on which the company is entitled to commence business

how does it differ from saying that statutory meeting should be held within 6 months from the date on which the company is entitled to commence business?

whts the diff b/w prospectus and red herring prospectus.

hello friends
i am unable to upload forms to the mca website. i have downloaded the java software from the website and also other softwares ie. internet explorer and adobe reader are as per requirements. when i click upload e-form the page opens but it shows applet loading failed. please help me as soon as possible.

Dear Sir,

We need to pull out a director from the board of one of our portfolio companies.

He was inducted on the board of the Company some where in 2001 & now we don't have any idea regarding his whereabouts.

He is not traceable at all & he don't even have a confrimed DIN.

Can you please suggest some other alternative by which we cah pull him out of the Company.

As we need to withdraw his directorship on a priority basis, an early response from your side will be highly appreciated.

Thanks

Regards
Shaily

Sir
I would like to know the solution of the following situation:

1. A Private Company having aurhorished share capital of Rs 2,00,000/= but for requirment of cash the company issue share application money but not made alotment of share. This is the situation from last 2 years . What will be the possible threat in the above situation?

2. If the above mention company now increase their authorished share capital
will the problem resolved?

3. If a Private Company want to issue Pref.Share capital whether they are elligible to do that?

Q. For Remmittance of Preference Dividend we need to file RCD1 & RCD2 form ?

some one made a partnership firm with name as "ABC Pvt Ltd.", He had received Pan as well as sales tax registeration for the same name.

As adding Ltd word without forming co is violation of co law, so now what should be the course of action now.

can he change the name and submit an application for change in PAN data and sales tax reg. Data? or convert the firm to PVT LTD company or Discard the firm???

Who prepares and make amendments to the Bare Act? Is there a team of professionals which does that? What is the procedure?
Is there anyway we can point out grammatical errors or misleading statements in a Bare Act so as to suggest a rectification and is there a way to seek clarifications in respect of confusing statements included therein?

Why Ministry of Company Affairs is strictly not followed their rules / laws unlike Income Tax Department ?

At many places the language used in Bare Act is grammatically confusing.For explanation I am quoting section 69 here.

"No allotment shall be made of a share capital of a company offered to the public for subscription, [UNLESS THE AMOUNT STATED IN THE PROSPECTUS] which, in the opinion of the Board of Directors, must be raised by issue of share capital in order to provide for the matters specified in clause 5 of Schedule II [HAS BEEN SUBSCRIBED], and [THE SUM PAYABLE ON APPLICATION FOR THE AMOUNT SO STATED] has been paid to and received by the company, whether in cash or by a cheque or other instrument which has been paid."

Please notice the phrases which has been bracketed. The first two bracketed phrases, if read together, reads like this - THE AMOUNT STATED IN THE PROSPECTUS HAS BEEN SUBSCRIBED. How can we use a phrase "SUBSCRIBE AN AMOUNT". "SUBSCRIBE FOR SHARES" can be used.

Similarly the third bracketed phrase is very confusing. "THE SUM PAYABLE ON APPLICATION FOR THE AMOUNT SO STATED"
What does that mean?