Dear Experts,

What is the procedure for change in share holding pattern of a private limited company? One promoter gives 30% of his share to a new member. Now this would change the subscription page of MOA.
1. Does this fall under alteration of moa clause?
2. do we need to file MGT-14?

3. Or just transfer of shares form would be enough?

will institute isseu supplimentary for may 2015 of corporate law or old suplimentary is applicable ?
can i prepare from minish bhandari which was applicable for nov 2014 or i hav eto buy new ? is there same course for corporate law for may 2015 as was in nov 2014

pl guide

what is the requirement of filing of MGT 14 in case of newly incorporated private company under old companies act 1956 , disclosure of director interest , since it is a newly incorporated company , the first audit of it will be for period of feb 2014 to march 2015 ( i.e. 14 months ) , but so far company has not filled any mgt 14 for disclosure of director interest , since it thought that when audit will take place then its filing will also be done , are company liable for any penalty or additional fees for non filing of MGT 14 so far ??

Section 93-Every listed company shall file a return in form MGT- 10 with the ROC with respect to change in 2 percent shareholding held by promoters and top ten shareholders of such company, within fifteen days of such change.

Further the instruction kit to Form MGT-10 mentions as under

percentage of shareholding after the change - This field is auto-filled as per the below calculations: percentage of shareholding after the change = {no. of shares held after change - no. of shares held before change} 100 /no. of shares held before change.

This reflects that the change in 2 percent shareholding is of the shareholder himself and not on the paid up capital of the Company. However in a listed Company there are a lot of cases in which change in 2 percent shareholding is of the shareholding of shareholder himself.

In light of the above kindly clarify whether the change in 2 percent shareholding is to be taken on paid up capital of the Company or 2 percent change is to be analysed on change in own shareholding of shareholder between two dates

I HAVE BEEN FILED INC-7 FOR PVT.LTD. REPLY FROM MCA21 IS THAT RESUBMISSION REQUIRED AS BELOW


"Clause 3(b) of moa should be given as per new act. Photograph in subscriber to memorandum not affixed as per rule 16(1)(a) of chapter 2. Form should be resubmitted by 19/03/2015 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)"
The following Form has to be Resubmitted
1. Form1"

THIS MEANS ONLY INC-7 TOBE RESUBMIT?

Photograph in subscriber to memorandum can be affix left side just name and address of subscriber?

give me formate of Clause 3(b) of moa should be given as per new act

Plz reply urgently , a pvt company was incorporated on feb 2014 under companies act 1956 , no first auditor roc filing has been done so far , kindly let me know is it compulsory to file with roc ,first auditor appointment for companies incorporated under 1956

I want to know that as per annexure C of FTE how shall I treat the cash balance available for inoperative company since incorporation...
should i show capital at liability side and cash balance available at asset side??

Can a director take Rs.12400000 from its company to purchase personal property as per companies Act 2013??

Dear Professional ,
i have a little query that when a pvt ltd company converts into public ltd do the share certificates issued earlier conversion need to change its name.Kindly throw some light in terms of Companies Act,1956.

Sir


Summary of problem:
present name : XYZ Pvt Ltd
Previous name: ABC Ltd
orginal Charge Date & ID: 25/09/2006, 10044535
Charge Modified time to time
After last modification dated 21/06/2011, modified balance was: 1269.00 lacs
Then a portion of term loan Rs. 269 lacs was satisfied as on 19/05/2014
Instead of modification company wrongly filed satisfaction of Charge ie Form CGH 4,
Entire charge has been satisfied because system understand only charge ID not amount. but actually loan exist as on date of Rs. 1000.00 lacs
Question: procedure so that charge will be reflected on MCA portal.