Assets revalued in 2008 and created revaluation reserve for Rs. 200.00 say for instance. Later on the assets is sold at profit or loss (SAY).

Now the revaluation amount is shown as capital reserve.There is no asset as it is sold out

1. whether capital reserve would come for calculation of networth in order to arrive book value per share. Please advise .

Dear Sir / Ma'am

Can a private limited company accept loan from it's directors as per new companies act and old companies act.

Please guide me in this regard.

Thanks in advance

CAN THE SHAREHOLDERS REDUCE THE RATE OF DIVIDEND RECOMMENDED BY THE BOARD.

Dear Experts,
I am making a Application for reservation of name in Form INC-1, Its a private limited company.. having two promoters.

The proposed name of the company is i,e

"Planet Healthcare pvt ltd", "Planet Health Facility Pvt Ltd." etc. and these 2 promoters(husband n wife) have 4 more companies with prefix "Planet" with the other business activities so my query is there any more requirements needs to be file with ROC in form INC.. any other information required.???
OR details like these directors are also directors in such other 4-5 companies (containing the name Planet like that..???

I hope you will find the query in order. Please suggest me regarding INC -1??

Thanks
Best Regards

Dear Members,

As per section 189(2) Every director or key managerial personnel shall, within a period of thirty days of his appointment, or relinquishment of his office, as the case may be, disclose to the company the particulars specified in sub-section (1) of section 184 relating to his concern or interest in
the other associations.

So if any director is resigning then is it required to take note of his int. in other entities through Board Resolution and file the same in MGT 14?

sir,

For filing Form INC 22 for change in registered office of the company within loacl limits, what is the proof that required to be attached in case the Company is permitted to use the address as the registered office of the Company if the same is owned by -

1. Director

2. any other entity/ Person (not taken on lease by company).

Can we attached NOC (only) from the Director/ concerned person in both the cases as no rent is paid.

Kindly revert. Thanx in advance.

There are 3 holder all alive want to delete name of 1 holder mutually agreed, now what would be the stamp duty ?

A.On whole part of Value of Shares?
or
B.On Third Part of value of Shares?

If possible please quote the relevant section.

My Argument: The Stamp Duty paid should be on Third Part only which the holder is transferring.

Dear all friends,

Can a pvt Company pay college fee of its non executive director who is doing MBA from USA ?

Further there is no such contract between the Company and director regarding payment of college fee. The said director stays in USA most of the times.

Note: Amount of fee is around 30 Lacs.

Please comment.

Two brothers like to start/open a new private limited company. Pls guide regarding the procedure to be followed. Also please advice the advantages and disadvantages between a partnership firm and a private limited company.

K Bhaskaran

I have a query regarding the object clause of a general research and development company.
This company wants to carry research and development work in many fields. Hence, what shall be the appropriate clause to be included in the main objects of the objects clause of the Memorandum of Association of this to be privately held company?