Dear all,
Can you please help me in an interesting case which I need to resolve.
Suppose, there are 2 companies Ajay Pvt Ltd and Vijay Ltd. Ajay Pvt Ltd invested 10Cr. in Vijay Ltd out of which shares were issued of 5Cr. at Rs. 10+ 20Rs. premium to Ajay Pvt Ltd by Vijay Ltd. There is one common diretor Mr. Satish in both the Companies.It has been three years since shares issued but no dividend was declared and no any other notice was circulated by the Vijay Ltd to Mr. Satish regarding any business of the Company. Remaining 5Cr. is pending as share application money. Vijay Ltd is not issuing shares of this amount nor sharing any profit as dividend to Ajay Pvt Ltd. Then question is how Ajay Pvt Ltd can recover money from Vijay Ltd of Rs. 5Cr.? Can there be any legal action taken? Can appeal be filed with CLB OR NCLT? State all kinds of options with Ajay Pvt Ltd to recover this 5Cr.

Dear Sir,

Please clarify when to give directors disqualification letter under Section 164 to the company by the directors for the Financial Year 2014-15. It should should be given at the beginning of the year i.e, 01.04.2014 or at the end of the year i.e, 31.03.2015 for the FY 2014-15?

Thanking you in Advance.

Dear All,

A Company, registered in India, wants to purchase entire shares of a foreign company, which is subsidiary of an Indian Company. Meaning thereby transfer of shares will be from resident company to resident company.
My question is, what are the requirements of FEMA, which should be complied with?

Hi
My Pvt Ltd company has capital of 15 lakhs and paid up 13 lakhs.
My chartered accountant advised me that no compliance certificate from company secretary is required to be filed for this company from Ay 2015-16 onwards.
Your advise please

Oommen

Friends,
I blocked a name for the company through INC 1. Now I want to change the name.
I didn't file INC 7 Yet.
What can I Do
Whether I have to file New INC 1.How to cancel The Blocked Name.

Can a shareholding agreement mention that for an AGM or EGM to be in quorum, the presence of a director is necessary?

Sir someone has purchased a residential plot in july2015 which is in the name of a private company. it has three directors. now at the time of registry he is giving us a resolution copy in which others directors authorize him to sale the plot.but the date of resolution is of 1st March 2015. they are three brothers. out of three one is residing in Australia. we have a doubt now.how will we check whether the document is genuine or not.plz help

can anybody please guide me regarding the applicability of cash flow statements to companies as per Companies Act, 2013 and AS 3 and relevant guidelines issued by ICAI? thanks in advance

Can anyone please tell me how to calculate CSR for F.Y. 2014-15, Please provide me Whole Detail.

Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

Query

Whether a designated Whole-Time Director in Public Company (Unlisted) in employment without drawing salary.

Your reply, please..............

If a designated WTD not drawing salary, will it lead to any non-compliance / procedural issue from the point of MCA.

Your reply, please..............

Thanks in advance for possible replies from all concerned.