Corporate Law QnA [Resolved]

All Resolved Open

SHIV KUMAR

This Query has 2 replies

16 July 2008 at 12:51

DECLARATION OF DIVIDEND/INTERIM DIVIDEND

DEAR FRIENDS,

DURING AUDIT OF BOOKS OF ACCOUNT OF A PVT LTD I NOTICED THAT,THE COMPANY HAS DECLARED INTERIM DIVIDEND OUT OF ITS RESERVE WHILE HAS ENOUGH CREDIT BALANCE IN PROFIT AND LOSS ACCOUNT.CAN A COMPANY DO SO.IF YES, WHAT IS THE CONDITION RELATED THERETO.

Kumar

This Query has 2 replies

16 July 2008 at 11:24

private company

Dear Members,
Please advice/confirm.How far it is permissible under companies act,if the company bestowed the tile of director to its employees such as director(finance),director(human resource) etc.Please also clarify the exact position under Comapnies Act whether such practise is permissible.

Regards,
Kumar

Pratheej

This Query has 2 replies

15 July 2008 at 15:48

Schedule XIV

Can i get the rates of depreciation as per schedule XIV.the latest ones...

Vishnu Agarwal

This Query has 3 replies

15 July 2008 at 15:35

about petition

WHAT IS THE MEANING OF WRIT PETITION.

Vishnu Agarwal

This Query has 3 replies

15 July 2008 at 12:34

REALATING TO CONTRACT

WHAT IS THE SEALED CONTRACT?

Vishnu Agarwal

This Query has 1 replies

15 July 2008 at 12:32

REALATING TO CONTRACT

WHAT IS THE SEALED CONTRACT?

saiganesh

This Query has 3 replies

14 July 2008 at 19:15

Share Application money pending allotment

Under what head share application money pending allotment will come (unsecured loan or current liabilites)?

Archana

This Query has 1 replies

12 July 2008 at 11:58

Quasi capital

We are a listed company. Can we show the unsecured loan from Director as "Quasi Capital".
If yes, what is time limit upto which I can convert the Quasi capital into shares?

Is it necessary then to allot shares against the capital?

Secondly what are the implications if I do not make the required allotment in future.

ahmed

This Query has 1 replies

09 July 2008 at 11:33

board resolution

ours is a private limited company and as my managing director will be extensively on touring always,he wants his father (who is no way related to the company)to represent in various legal matters. now my query is can we pass a board resolution appointing his father as an representative and if not, suggest me the suitable option?

mail me @ ahmedicmas@rediffmail.com

CA Mishal Agrawal

This Query has 3 replies

07 July 2008 at 18:20

Intercorporate security u/s 372A

If a company provides security on behalf of anothr company to any bank u/s 372A, then is it compulsory for the compay to create a charge u/s 125 of the company act.

if yes , then which company will create charge on that asset and why ?

plz reply me soon