Dear Sirs

I have got some files relating to part IX convertion from the sharedfiles(submited by Mr.Ravikumar on 23.09.07).

Pls advice me regarding the follwing

1. How an exixting company used to convert a partnership firm in to company.
2. If it posible pls give me a detailed picture of such convertion.

for allottment of share by a private company what type of resolution is required ?

Hi,

Can company give performance linked bonus of Rs 3000000/- to its managing director for achieving certain Target. If yes then is any thing needs to be followed as per companies act.

Best regards,
Samir Ambavi

In case of Pvt. co. which is not a subsidiary of public Co. what sholud be the period of appointment of Managing Director while sec. 317 of Companies Act restricting the period of appointment to 5 years is not applicable to a pvt. co.

Poonam

I had appeared in CA(Final)nov'07. Although I gave good answers so far as my knowledge goes in my Fourth paper of GrI. i got only 38.I had mentioned sections and tried to give answers to the point.can you please tell me wht is the reason behind it. I have already solicited for reveiwing the the said paper. I don't know what will turn out. Does reveiwing paper make any sense

treatment of preliminary expenses as per Companies Act,1956 and Income Tax Act, 1961

I have read at many places that before applying for compounding of offence under 621A, the offence committed should be first rectified i.e. it should not be a continuing offence. For example, if the Bal Sheet etc. is not filed or Sec 383A is not complied and so on, such offences have to end first by filing the documents or complying with 383A etc.

Can you tell me under which section, rule or guidlines such prior compliance before applying for compounding is indicated.

My email ID is atulv27@gmail.com

Regards.

Atul V.

can anybody tell me about Rolta India Ltd. vs Venire industries case reg sec 258 and the share holders voting agreements.

One of my client has issued 8% redeemable preference shares in Maarch'08. In november'07 it started to redeem those shares in part. they redeemed them at the Issue price itself. But on redemption they did not pay any amount as dividend for the capital contribution form march to November. Is There any mandatory requirement in act to provide for the Dividend on the redeemed amount of capital.

Can Indian company take loans from foriegn company? If it can lend what are the RBI and Comapnies act procedures to be followed.

If both are parent and subsidary comapnies what are the implicatins.

Please help me in this...