Querry:
There are three partners in a firm say Z & Co. Mr. A, Mr. B & C Ltd. (a public limited Co.). Also Mr. A & Mr. B are directors in C Ltd. Now whether C Ltd. can provide guarantee for the loan to be taken by Z & Co. ? if Yes please explain the procedure.
Whether Sec. 185 of Companies Act, 2013 has been made applicable?

as per the provisions of companies act 1956, a special resolution is required to be passes in general meeting before increasing the managerial remuneration upto the limit specified in schedule XIII. what would be the impact if such resolution was not passed. Plz reply.

In a pvt. ltd. co. 2 directors are residing in US and one in india. What should we do to run company so that the provisions of the companies act do not violate. ?? Whether all the act on behalf of the board can be done by one director who is residing in india if board authorises such person to do such acts.???

I have recd e-mail from MCA for filling of form 5 INV for Fy 2012-13 of my Pvt Ltd company.

But there is no unclaimed or unpaid amount in balance sheet except share application money(fully received) is pending for allotment from last two years.

And we want to allot shares for the application money

what should we do???

Dear all,
I have received a notice from MCA for non filing of form 5 INV for a private limited company.In Balance sheet 2012-13, share application pending allotment has shown.
how can i reply for the said letter.
Thanks & regards

Kindly reply the following questions:-
What is the procedure for Reqppointment of a Whole Time Director in a Public Limited Company?
What are the ROC Forms required to be file at the time of reappointment of Whole Time Director?
Whether a whole time director can withdraw different remuneration each year during his tenure as a whole time director?

Share application money was received from an applicant several years ago but against the same Pvt. Ltd. company could not allot shares as the applicant has expired. Is the company correct in showing the money received as share application money? Should the company allot the shares to one of the legal heirs in absence of any written will?

What should happen if the day specified in the articles for an adjourned board meeting accidentally happens to be a public holiday?

my company has been struck-off vide fast track exit procedure letter u/s 560(5) received as on 17.02.2014.

I have some queries post strike-off as follows:-

1. Do we receive any certificate from ROC, regarding such strike-off or the notice u/s 560(5) is sufficient proof for stike-off of such company?

2. as the company has been struck-off in February, is the company required to file its ITR upto January??

3. What are the other actions to be taken post strike-off, like deactivation of PAN number in the name of the Company and surrender of other certificates/ registrations.

Hoping to receive an answer from your end.

Regards.

Me and my son are partners in a partnership firm.
The terms of agreement say equal allocation of profit/loss and equal remuneration to both the partners.
Capital is in 90:10 ratio.
My question is, in legal terms are we considered as 50:50 partners or 90:10 partners?
What is the shareholding of each of us? if the firm is sold then at what ratio the proceeds will be distributed?Are there any Court rulings?