Do Auditors have to sign the form and any 1 director can sign???and please can any one provide with consent letter of auditor

A company having two directors A and B, out of which Director B is not cooperating. Now shareholder having 42% shareholding wants to appoint director. what will be the procedure for appointment of director at the requisition of member?

At the end of Form 20B in attachment section - there is provision for attaching - Annual Return as per schedule of the companies act 1956. Please confirm this is the place where form 7.7 is to be attached.

1) Any idea why form 7.7 is not available for download from mca website ?

2)Is this form 7.7 (return of company)prescribed under any rules?

Dear all,

Kindly guide me, which Form is to be filled by auditor for intimating the ROC about his resignation from the company before expiring of his term i.e. Casual Vacancy?

Regards,

Lalit Goyal

SUPPOSE, COMPANY ISSUE 10000 EQUITY SHARE AT RS. 50 (FACE VALUE RS. 10 ) . OUT OF SUCH MONEY COMPANY BUY MACHINERY COSTING RS.300000. CAN COMPANY DO SO

The Company was incorporated on 01/05/2013, now as per old companies act, 1956, the first AGM should be within 15 months from the date of incorporation i.e. should be on or before 30th July 2013.

Pl. know me whether company should convey its first AGM before July or as per new act within 9 months from the date of closure of first financial year ?

Pl. resolve urgently and thanks

As per Listing Agreement half of board should consist of independent director.

As per recent circular issued by MCA
Non executive/Non independent director
( being appointed by Bank for loan taken by company ) shall not be considered as independent director.

Now my query is for composition(half of the board) of ID at time of appointing independent director, Non executive /Non independent should be taken in account

for example
Board consists of 8 members

2 Members (MD and Non executive directors)- Promoters

1 Members- ID

Balance 5 Members- Non Independent directors being appointed by bank in the board for loan taken by company)

In this situation whether existing ONE ID is enough in the board as ID ( as per Listing agreement )

or

Existing one ID +3 ID members to be appointed in the board as ID (8 -half of board)

or

Existing one ID + 5 to be appointed in the board as ID (Existing 8 +4 New ID- half of board)

kindly suggest suitable solution for the above.

Dear All,

One of my Client wants to appoint a statutory Auditor of the year financial year 2011-12. What is the procedure to intimate the RoC..

Thanking you in anticipation.

Regards,

Abhishek

what is difference between body corporate and company????