Dear Professional friend

Please guide me as to case where Funds are to be received from abroad as share capital and loan.

(1).What formalities are there that we have to take care of for receiving such funds in a Pvt. Co as under:-

-FDI (FEMA)
-RBI
-COMPANIES ACT
-Any Other Act

(2).Do it involves any intimation to RBI prior to or after receipt of such funds.

(3).Do such an amt either share capital or shareholder's loan need be paid back or not.

(4). Is there any specfic private cos anly for which such a receipt can be there


Please note that the works of this pvt co are of a trading nature.

Change of Name and change in shareholding is taken place. So the resolutions are passed. Now for filing the Form 23, we need to attach the altered MOA and AOA. For this purpose, any stamp duty has to be paid or not??

what basic documents required for formation of priate company.

how much amount spending for formation for documents?

how many days for registered as company after submission of necessary documents?

please urgent sir

sir
1. Is it posibile to convert a partnership firm in to a ltd copmany.

2. If it possbile is the new comany can legally claim the experience and goodwill of the partnership firms provided all partners become the member of the compnay and managing partner became the managing director of the proposed company.

3. If the partnership firm is take over by an existing company is it posibile to claim the experience of the partnership firm provided some partners already the member of the company and managing partner is also the managing director of the company. After take over all partners become the member of the company.

4. The issue of claiming experience is arised due to the partnership firm is doing contract business so previous experience is a critical factor in bidding.

Sir,
A company goes into liquidation. Nominal value per share is Rs.100/- and issued price is Rs.150/-. A shareholder has paid Rs.80/-. Now, what is the liability of the member? Is it the amount unpaid on the nominal value - Rs.20/- or total amount remaining unpaid - Rs.70/-(150-80)?

Dear Sir,
pl provide me the details for teh following
1. How to value the share when a merger is taking place ?
2. What are the proceedures to be followed for merging a non listed co with a listed co
3. How to value the Listed co share

I require the detailed steps with an example.
Thanks
Regards
Gunasekar

Dear Sir,

Can you please explain the term IEM (Industrial Entrepreneur Memorandum).

To whom the registration under IEM is binding & what is the procedure for making the said application?

Dear Sir / Madam

I request you to clarify the following:

1. A Director of one of our client resigned in Feb 2007.
2. We could not file Form 32 because the said director did not have DIN.
3. We generated it thrice but it got rejected on some pretext or the other.
4. Now, it is likely to get approved.
5. For filing his Form 32 at this stage, do we need to have DIN-3 compliance in place?

The reason for this question is that he was a nominee director in the Indian Company and he has resigned from the parent company a year back. Now, he is not co-operating in completing the Indian company law compliances. Further, we want to avoid going back to him for getting signatures on any docs.

Kindly provide us with a workable solution so that the procedures can be completed without a fuss, at the earlies

You may contact me on my email id.s chetan_5050@yahoo.com or chetan5050@gmail.com

Best Regards

Chetan

Dear all,

I have to appear in CA Final exam in November 2008, my doubt is regarding the SEBI Guidelines in paper of Corporate Law.

For exam purpose from where(Except SEBI website) i can get latest SEBI guidelines in precise form & easy to understand language.



plz. help.
Jatin Bhardwaj

Sir,
I thank all for earlier suggestion.
I have a very important query and please advise me on this
This query is relating to Director disqualification u/s 274(1)(g) under Companies Act.
There are two public limited companies A and B and there are common directors in both companies.
The company A has finlaised the accounts for 2006-07 on 01.09.2007.
The annual returns for 2006-07 have also been prepared and we have not filed yet which we will be filing this week with additional fees also.
Now this company A has also not filed for 2004-05, the date of AGM being 01-09-2005 and not filed for 2005-06, the date of AGM being 01-09-2006

Summary For company A
----------------------
F.Y. Date of AGM Annual
Returns with
ROC filed date
------ ------------- -----------
2004-05 01-09-2005 28-01-2008 (filed belatedly with fine)

2005-06 01-09-2006 will be
filed with in this week

2006-07 01-09-2007 will be
filed with in this week

2007-08 01-09-2009 financial year
not yet closed

Company B has filed annual returns till date.

As stated above, we filed the annual returns for 2004-05 on 28-01-2008 and we will be filing the other two immediately.
My understanding of the section 274(1)(g) is that for any attestation on 2007-08 onwards, even if we file the annual returns now, this section will not be attracted immediately. But I do not the date from which, the applicability of Sectio 274(1)(g) in the above scenario is applicable and for what activities it is applicable?
Which date is important here for the applicability of Section 274(1)(g)?
1.Please let me know whether this situation is going to attract Section 274 1(g) for company A?
2.The company A has also closed its operations and is only on the verge of selling its fixed assets also.
3.The company B being a active and regular public limited company(has regularly filed annual returns till date), whether the directors being common to both A and B are safe in terms of the above?
3.If yes, is there any compounding of offence under which the same can be regularised so as not to render the directors also disqualified for Company B also. This is because, the directorship of common directors in Company B is very very important and please let me know this positively and I am keeping my fingers crossed with anxiety.
Please suggest me how the common directors can be saved from disqualifying from Company B directorship.

Regards,
M.P.Arun