What do you mean by free float indices?
Is it related with shareholding pattern of the company?

According to Section 224(6) of the Companies ACt, Casual vacancy arising due to death, disqualification or dissolution ofthe firm of auditors can be filled up by the Board of Directors. Here the term "may" has been used in the Act. Is it mean that the casual vacancy in the above case may also be filled by the Shareholders in a general meeting?

author : vvrravindra
Posted On : 8/21/2008 5:56:49 PM
Is there in time limit for payment of fee at ROC for increase in the Aut. share captail? If so pl give details,including any addtioanl fee payble or interest etc? Pl also send some ref mat in this regard.

Expert : K.Kottai Chezhiyan
Posted On : 8/21/2008 6:06:29 PM
For Increase of Authorised Capital u need to call an EGM and pass Special/ordinary resolution as the case may be.. Board Meeting is to be conducted only for approving notice and calling the EGM “RESOLVED THAT the Notice for convening the Extra-Ordinary General Meeting of the Company on ____________ be and is hereby approved and Mr.___________ or )_____________Directors of the Company be and is hereby severally authorised to sign the notice and despatch the same to the shareholders of the Company.” Board Resolution for Calling EGM Special Resolution-- to be passed at the EGM "Resolved that pursuant to sections 16, 31 and 94 and other applicable provisions, if any, of the Companies Act, 1956, the Authorised Capital of the Company be and is hereby increased from Rs. 2,00,00,000 (Rupees Two Crores) divided into 20,00,000 equity shares of Rs. 10 each to Rs. 7,50,00,000 (Rupees Seven Crores Fifty Lakhs only) divided into 75,00,000 equity shares of Rs. 10 each, ranking pari passu with the existing equity shares. Resolved further that Clause v of the Memorandum of Association of the Company be and is hereby altered to read as follows: "The Share Capital of the Company is Rs. 7,50,00,000 (Rupees Seven Crores Fifty Lakhs only) divided into 75,00,000 equity shares of Rs. 10 each. The Company has the power from time to time to increase or reduce its capital in accordance with the provisions of the Companies Act, 1956." Resolved Further that Clause 5 of the Articles of Association of the Company be and is hereby altered to read as follows: "The Share Capital of the Company is Rs. 7,50,00,000 (Rupees Seven Crores Fifty Lakhs only) divided into 75,00,000 equity shares of Rs. 10 each." Resolved Further that the Board of Directors be and are hereby authorised to do such other acts and deeds as may be necessary for giving effect to this resolution."

author : vvrravindra
Posted On : 8/21/2008 6:13:21 PM
Reply is not clear. My Q is about fee payable to ROE and related time limit


It is Clear Frm The Above Reply That Expert are Just Giving Answers For Points Sake.

Sir,
Answer To Your Question Is Follows:

Form 5 For Increase In Authorized Capital Is To be filed after 30 days of passing the special resolution

if not filed, penalty is double the fees i.e fees is 500 and 2x500=1000 if not filed in time.

Dear Sir,

One of my client "Sabarigiri Employment Guidence Center Private Ltd" has applied and got the Trade mark in the name of "SABELOG" and gradually used the Sabelog in all the correspondence instead of "Sabarigiri Employment Guidence Center Private Ltd" but for legal for like Service Tax Regn, Remittance of Tds and Opening of Bank a/c ,their applications were rejected due to varation in Name of the Compnay. Mgt of the Co. vey interested to retain the name of "Sabelog Private Ltd".

What is the procedure to comply for retain the name of "Sabelog Private Ltd".

Thanks

Is there in time limit for payment of fee at ROC for increase in the Aut. share captail? If so pl give details,including any addtioanl fee payble or interest etc? Pl also send some ref mat in this regard.

What are the points on which an EGM can be called for under the provisions of the Companies Act 1956?

We are Private Limited Co. We had paid X amount to "A" as Director Salary/ Remm.who is not holding Shares of Co & nor as First Director in Memorandum of Association. In this Situation,
1.What Will be obligation of Compay toward ROC
2.Wheather "A" has to obtain the shares of Co. be Director.
3.Wheather Ordinary or Special Resolution need to be file with ROC.

Hi all,
I want to know the procedure for cancellation of a Digital Signature Certificate.
Is it an online process.?
Also please let me know the proceduer of renewal.

EXACT DEFINITION OF PRE-OPERATIVE EXPENSES
Disclosure in Balance Sheet/treatment

Can any one told me about the rate of Depreciation on Fixed assets under the compnay law for company audit