FACT:
• There are two Directors in ABC PRIVATE LIMITED. And Paid up share Capital of the Company is less then Rs 5 Crore. Mr. A and Mrs. B. Now Mrs. C is appointed as a Director of the company and paid Salary is less than Rs 2.50 Lacs. And Mr. A is Father And Mrs. B is Mother of Mrs. C.
Query
1. Please Advice, if all the directors of a company are interested in transaction of Board meeting. How the board resolution is to be passed.
2. Please Advice,



Thanks In Advance

if a trust open a bank account in the name of trust can Trustees can Authorised any person or persons (not Trustee)to operate the Bank Account.

If yes than send me a Format of Board resolution for opening a bank trust account in the name of trust with given authorities to the other person other than trustees for operating that account.

1. Can company be formed for two business first Technological services and second Agarbati manufacturing with one name and one company?

2. Do the word mention in companies name should have to reflect the nature of business it is doing?

The Board of Director has Modified remuneration payable to Whole-time Director.
Does it require to fill any forms or form MGT-14 after selecting an option in the pursuance of Board power??

The pvt ltd company incorporated only few months back. Now, since one of the subscriber not willing to held the shares. How to goforward for his shareholding? Will he remains in the MOA Annexure Sheet?

To sell out his share, only entry in the shareholder Register is enough?

Hi Friends

The company was recently got Incorporated and The Auditor was appointed by BOD, now my question is whether the company is to File the Form ADT-1 with the ROC as per the provisions of Sec.139(6) of the Companies Act, 2013. Pls let me know whether the company has to file the ADT-1 or not with the ROC in case of Appointment of First Auditor by the BOD

Dear Sir/Madam,

Hello All. I have formed a new company. I have file INC - 21 for commencement of business.

I just want to know whether any more forms has to be registered with ROC by directors or not? As far as I know section 11 of the companies act, 2013 ask the directors to file a declaration with registrar that paid up capital has been deposited. If yes, can you help me provide with the format of declaration for the same. If any other forms still required please provide me with the details.

Thanks for your help

can we use digital signature of one director for applying DIN of another director? both the director will be the new director in the newly incorporated company.


For Eq:- Mr. A and Mr. B want to form new private limited company. first thing they have to do is they have to get DIN number. for getting DIN we require digital signature, accordingly Mr.A apply and got the digital signature.

So my question is can we use same digital signature of Mr. A for DIN application of Mr. B?

can a person who is working as an employee in an organisation (not being a company) become director of a company and receive amount from the company as salary/remuneration/sitting fees? would there be any legal hassels if the person who is a director of a company works as a full time employee in another organisation?

Our company incorporated on 21st January, 2015 and as per companies act, 2013, the financial year shall extend till 31st March, 2016. But do the company need to carry statutory audit in the year 2015 and file audit returns in the year 2015? or they can be filed directly in the year 2016?