govind sekhar
This Query has 2 replies

This Query has 2 replies

In case of a pvt ltd company, what all should be ensured for increase in authorised and issued share capital from an audit perspective?


vijay
This Query has 1 replies

This Query has 1 replies

Mine is the listed co. on the BSE and i like to the know the procedure for Change in the Object Clause and the its compliace?
Sir we arange a postal ballot,
so is it necessary to take a approval of postal ballot from the ROC. or we directly send to shareholders, and suppose we not took the approval and complete the procedure then what is the consequences


Rahul
This Query has 2 replies

This Query has 2 replies

19 March 2008 at 10:01

signing of agreement

Dear members..

Kindly clarify the following..

Mr. A is a Director in both Company LMN (Pub. Co.) and XYZ (Pvt.co.). In an agreement entered into between XYZ and LMN, Mr. A has signed on behalf of both the companies in the capacity of a Director..

Further Mr. A has 8% shareholding in XYZ Pvt. Ltd.

So apart from Disclosure U/Sec. 299, is there any other compliance required?

Is it legal and valid under the Contract Act as well as companies act that a contract be signed by a single individual on behalf more than one company as a Director or in any other capacity??


Samar Bhatia
This Query has 3 replies

This Query has 3 replies

17 March 2008 at 13:27

Transfer of shares between two NRI

Our company is having NRI shareholders. Two shareholders are holding the shares in physical form and one NRI wants to transfer the same to other NRI.

Please guide whether any RBI permission is involved in this and whether physical shares can be transferred between NRIs.?

Early responce is awaited.

Thanks in advance


RAMPRASATH R
This Query has 3 replies

This Query has 3 replies

16 March 2008 at 21:30

capital gain

if a firm's assets is revalued and converted into pvt co under ix of companies Act whether liability of capital gain arises for the firm


CA Praveen Chopra
This Query has 4 replies

This Query has 4 replies

15 March 2008 at 19:54

Internal Audit

WHAT IS THE LIMIT ABOVE WHICH INTERNAL AUDIT IS COMPULSORY


kartik_somu
This Query has 4 replies

This Query has 4 replies

Can Bonus shares be issued out of Revaluation Reserve?


CA Praveen Chopra
This Query has 4 replies

This Query has 4 replies

13 March 2008 at 13:36

sitting fees

is there any limit for sitting fees paid to director in the company law


SHEEJITH
This Query has 1 replies

This Query has 1 replies

11 March 2008 at 14:09

company formation

) Whether a Non Indian Citizen (Eg. UAE National) can become a shareholder or director of an Indian company (Pvt and public), having object of Echo Tourism ?

2) What are the limitations for Non Indian Citizen (Eg. UAE National) to part of an Indian Company.

3) Whether they can form the company with all NRI Directors.

4) Whether there is any requirement for Resident shareholder/director.

5) Whether NRI can also act as MD of the company

6) Whether any legal limitations for the above activities


chetan
This Query has 1 replies

This Query has 1 replies

11 March 2008 at 12:55

Form 32 - Practical problem

Dear Sir / Madam,

We would like to pose a unique query for which we would like a reply at the earliest.

One of our clients had two directors till September 2007 and two new nominee directors were appointed in September. Form 32 has not been filed for their appointment.

There were some differences between the two old Directors and the two new directors and in pursuance to that, both the old directors (one of whom had the DSC) resigned from the Board. The form 32 for their resignation has not been filed either.

Now we are facing a practical problem as we will not be able to approach the old directors to sign the forms as they have already resigned and none of two new directors have a DSC.

Please provide us with a practical solution for filing Form 32 for both appointment as well as resignation.

Awaiting your replies in earnest,

Best regards,

Chetan






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