Case - A private limited company with two directors. One of the directors is providing full time management and consultancy services to the company and he is not working in any other company. The designation is director only (not as MD or WTD). Whether he will get remuneration as Consultancy fee or salary (payroll) ?

My client is a private ltd. company, which wants to increase the authorised capital in a back date, say in January 2014
Then after,it will allot the share application money at a back date. Only Memo is to be altered & ordinary resolution is to be passed
Please tell me what forms to file
Do we need to file MGT-14 for each action, i.e alteration of Memo & then again, allotment of shares?

In case the shares are increased in the FY 2013-14, whether MGT-14 needs to be filed ?

Dear Experts,

We are a medium sized private limited company. currently our shareholders (who are also the directors) want to change the statutory auditors of the company in the coming AGM.

In this regard, can anyone please help me with the procedure to be followed and the documents to be uploaded to MCA.

Thanks & Regards
Elroy

can we file in form DIR - 12 for the both appointment of director & resignation director in one form.

please, can any one tell about Form DIR -12

plz suggest me a gud reference book for Company law'13 for cs-executive( old syllabus). pllzzz!

Is every board resolution including resolution for opening bank account required to be filed with MGT-14 under Companies Act, 2013?

Sir,

Please reply the query in the context of companies act 1956 as well as companies act 2013 if there are different provisions

pvt ltd company which is subsidiary of a public company is deemed public company or what?

And if it is deemed public company means all the provisions which are applicable to public company will apply to it also in the same manner
And all the exemptions granted to pvt company are also allowed to it?
Please Reply.

As per sec2(45) ..Government company..... in this definition paid share include equity or preference share capital ..or both ?

7th September 2014

ABC Limited is a closely held public limited company. The paid up capital is Rs.13.00 crores. The turnover of the company is about Rs.45.00 crores. There are seven directors on the board. The company is manufacturing engineering components and parts.

XYZ Private Limited is a closely held private limited company. The paid up capital is Rs.55.00 lacs. For the past few years there is no operations / sales in the company. After a long hiatus the company has recommenced its operations during the year 2014-15. There are two directors on the board. This company is also in the manufacture of engineering components and parts.

None of the Directors of ABC is interested in XYZ Private Limited either as a Director or as a Relative of a Director. However it shall be noted that both the companies were promoted by a same group of promoters. In other words the promoters of ABC Limited also holds more than 20% shares in XYZ Private Limited triggering significant control. Accordingly both the companies are considered to be Related Parties.

Both ABC and XYZ wish to enter into following contracts:

(1) ABC Limited will sell components and parts to XYZ Private Limited regularly. The cost of components supplied will be at applicable market rates

(2) XYZ Private Limited will provide services (Labour charges) to ABC Limited. ABC will send components to XYZ for job work. XYZ will complete the job work and send back the components to ABC. For this job work XYZ will charge labour charges on ABC.

I request the forum members to advise and help me how to approve the above said contracts. I would be greatful if somebody could help me with the step by step procedures involved including filing of any Forms with ROC.

with regards

Muralidharan

i have uploaded inc-7 inc-22 and dir-12 succesfuly, but failed to pay the stamp duty which i opted to pay online i am trying to pay it through pay stamp duty fee but its displaying the fatal error as undefined, please anyone provide me the solution