Hi Team,

One of my clients is having paid up capital of INR 1 lakh and is having an investor to whom he is selling 12.5% stake at INR 30 Lacs. He is planning to bring entire money into company, rather than selling his own shares out of company.
Now I want to know how he can bring in 30 lacs in company with getting involved into capital gain issue.

He might not have desired net worth in current books.

Regards, Gaurav

What is the procedure and formalities for Issue of Shares under private placement.

Thanks.

I have maintained my AOA as per co. act 1956. and there is no specific clause for issue of bonus share, but "The regulation contained in Table `A' Schedule I to the Companies Act, 1956 shall apply to the Company except in as far as otherwise expressly incorporated in these Articles"-this statement is mentioned in my AOA. As per Co. act 2013 you should have specific clause for isuue for bonus share. But in Act 2013 it is written "No provision in this shall not apply to previous law". HENCE DO I NEED TO AMMEND MY ARTICLE TO ADD SPECIFIC CLAUSE FOR ISSUE OF SHARES OR THE REFERENCE TO THE TABLE A IS SUFFICIENT?

Is it possible for private companies incorporated in 2009 to comply with filing for 2010-11,2011-12,2012-13,2013-14 or it require different procedure for taking approval of CLB.

In the case of a private ltd company with two directors with equal share holding , one of the director wants to resign and exit the company , however his resignation is not being accepted by the other director and he is not being cooperative.The director planning to resign has no control on the finances of the company . In such a a case how can he resign/exit from the company so that the legal liability due to the other director does not come on him.

Can any 1plz tell me what are the new sections that being added in companies act 13 for may 15 IPCC xm..plz..other then thse tht was being applicable for Nov 14 IPCC . thnx in advance..

Sir Plz let me know the complete procedure related to following query:

An auditor who has filed form 23b for FY 2013-14 during 2012-13 agm has resigned w.e.f 31.07.2014 before agm for the year 2014 denying for signing Balance Sheet for FY 2013-14 due to his preoccupation in other assignments and a new auditor is to be appointed in his place for signing bs and statutory audit. Whether Adt-1 is to be filed for his apptt. or form 23b for FY 2013-14 and provide guidance regarding all other roc compliances and e-forms as on date. Its urgent sir. Plz help.

Thanks in advance sir.
Jaggi

Dear Friends

Pl let me know about the latest clarification and changes in refund / allotment of Share application and loans from director and members in a Pvt. Ltds. company.

Thanks

Section 165 of Companies Act 2013 specifies the number of directorships to be held by a director including alternate director. Will this limit apply to person appointed as an additional director?

Dear Friends, I have uploaded form INC7, INC22 & DIR12 for incorporation of a Pvt Ltd Company. It is send for resubmission.

Remarks

MOA_Clauses to be numbered as 1st 2nd3rd Subscription clause to be numbered as 6th, MOA_a_sub cl. 2,43, 47 to 72 delete, remove from main object _crushers of beverages and, photo of subscribers needs to be affix, PAN card of all needs to file, (see Schedule I, Table F, rules Chapter II point number 13 _1 and 16 _a), ,This is last chance to comply the query if not srn may treated as NTBR. Form should be resubmitted by 15/04/2015 failing which the eForm shall be treated as invalid and shall not be taken on record. (Please refer Regulation 17 of the Companies Regulation, 1956).

My querry is:

1.Can i make other changes to MOA apart from changes mentioned above??
2..Whether I would have to upload Form 1 for resubmission.
Really Urgent. Please help.