thanumalayan
This Query has 2 replies

This Query has 2 replies

can an educational institution like school can be registered under the companies act, 1956;

what are all the formalities?

pls explain.....


mukul sharma
This Query has 1 replies

This Query has 1 replies

05 August 2007 at 07:15

removal of director by forged signature

In a company a director has been removed by forging his signature on resignation letter and consequently filing form 32 along with the same resignation letter with ROC.

1, What can the aggrived director.
2. What remedy he has.
3. Whether he can apply to CLB for completely stop the business of company till the issue is setteled.


Sandeepkedia
This Query has 4 replies

This Query has 4 replies

03 August 2007 at 08:15

restriction on transfer of shares

how much shares one can purchase in his name in a public ltd. co.


Sandeepkedia
This Query has 2 replies

This Query has 2 replies

03 August 2007 at 08:14

transfer of shares

purchase few shares of a limited company 6 months back the companys directors or board is not transferring the same nor reply what to do


Sandeepkedia
This Query has 1 replies

This Query has 1 replies

03 August 2007 at 08:12

removal of directors

A managing director neither holding board meeting and nor make compliance to roc when the matter comes with other directors they arrange for board meetings and issue notices and held the same consecutively 5 times , but the same time old md is neither attending the meeting nor respond whether as per section 284 board can remove him if yes then how


Raj
This Query has 6 replies

This Query has 6 replies

As per Sec. 3 a pvt.company which is the subsidiary of a Limited company also covers under in same ambit i.e means pvt.co. also a public co. . In such a case minimum how many members required for that Pvt.co. whther 2 or 7.

& what about other compliance like a public co.


CA YOGESH
This Query has 8 replies

This Query has 8 replies

01 August 2007 at 01:28

SHARE TRANSFER TO MINOR

IN LTD. COMPANY ARTICLES PROVIDES RESTRICATIONS ON TRANSFER OF SHARES TO MINORS. THE COMPANY IS LISTED.

IF WE PRACTALLY THINKS THEN A LOT OF SHARES ARE TRANSFERED THROUGH STOCK EXCHANGES. NOBODY KNOWS WHO IS THE BUYER. IF ONE BUYER IS MINOR AND HE PURCHASE SHARE THROUGH STOCK EXCHANGE. THEN HOW ONE CAN KNOW THAT HE IS MINOR.

THEREFORE, I WANT TO KNOW ABT WHETHER IS A CLAUSE THAT COMPANY HAS TO AMEND ITS ARTICLES RELATED TO TRANSFER TO MINOR. WHETHER IT IS IN LISTING AGREEMENT OR IT IS IN DEPOSITARY AGREEMENT


CA YOGESH
This Query has 6 replies

This Query has 6 replies

01 August 2007 at 01:21

REVENUE STAMP ON SHARE CERTIFICATE

My query is that wht amout of revenue stamp has to be affixed on share certificate from 1988 to till date. Whether there has been any change in amount of revenue stamp affixing on share certificate. If yes , then date of such change. state is delhi.


arpita Bisaria
This Query has 2 replies

This Query has 2 replies

31 July 2007 at 04:59

Insider Trading

According to Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992 :

1. Do Listed Company need to make any YEARLY disclosures to Stock Exchanges as per the Regulations 13 (3) & 13 (4) ? Or only disclosures should be made if and only if there is some change in the shareholding ?

2. As per Model Code, Directors, Officers and Top Management need to make disclosures to Compliance Officer of the Company on yearly basis. Is there any prescribed form for that ? Or the Compliance Officer can obtain the same in any suitable format ?

3. As per the regulation 13(6), Company need to make initial Disclosures to the Stock Exchanges, on receipt of disclosures from the concerned person as per regulation 13(1) & 13(2). Suppose Company is in default of making such disclosures at the time of Regulation came into force, but now Company wants to make all the disclosures and rectify its mistake, then on which date Company should make the disclosures :

a. Date as on this regulation came into force (i.e. Disclosures as on year 2002), or
b. Current date, when company has decided to make the disclosures (i.e. Disclosures as on March 31, 2007)

Suppose Director Mr. X was holding 600 shares when this regulation came into force, and Company is in default for making such disclosures to SEs. And now, as on March 31, 2007, Mr. X is holding nil shares. Then the Company need to make disclosures for which period ? And if the disclosures need is to be made as on 2002 then what bout the change in holding ? Does that also need to be informed separately?

4. If the Director is holding nil share in the Company then Nil Statement is required?


CA Gaurav Rastogi
This Query has 5 replies

This Query has 5 replies

27 July 2007 at 06:23

shedule VI

Whether Debit balance in Profit and Loss account is reqiured to be set off against General reserves or it can be seprately shown in Assets side under miscellaous Exp.
As its effect in computing Net Worth would be different .





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