In case of Private Limited Company, 3 Directors were on Board. One Director resigned on 10.06.2013 and other Director resigned on 15.06.2013. Now only one director is present and Company wants to run the show. What could be the wayout for this deadlock?

Salient features of the new company bill: - Companies are required to spend at least two percent of their net profit on Corporate Social Responsibility. - To help in curbing a major source of corporate delinquency, introduces punishment for falsely inducing a person to enter into any agreement with bank or financial institution, with a view to obtaining credit facilities. - The limit in respect of maximum number of companies in which a person may be appointed as auditor has been proposed as 20. - Independent directors' shall be excluded for the purpose of computing 'one third of retiring directors'. - Appointment of auditors for 5 years shall be subject to ratification by members at every Annual General Meeting. - 'Whole-time director' has been included in the definition of the term 'key managerial personnel'. - The term 'private placement' has been defined to bring clarity. - Maximum number of directors in a private company increased from 12 to 15 which can be increased further by special resolution. - Financial Year of any company can end only on March 31 and only exception is for companies, which are holding / subsidiary of a foreign entity requiring consolidation outside India, can have a different financial year with the approval of Tribunal.... -Dev

Dear Sir/Madam

What is the Procedure for share allotment and share transfer in private limited company

Please give me the detailed procedure.


Thanks and Regards
R. Nehal Shah

Dear Sir/Madam,
As per the Payment of Bonus Act Payment of Bonus is Minimum 8.33%.
A)if any Employee has made a contract with employer the payment of Bonus Shall be paid @15% of his annual salary can employer responsible for payment of Bonus Act.
B) Vice versa if the employer as made a contract about the payment of Bonus @ 5% of His Annual Salary.
The Question is can employer pay as per the provisions of the POB Act in case of A & B

Thanks & Regards

One employee of our company is asking for a copy of Board meetings minutes (where a decision regarding his employment was taken) under RTI Act...can it be given?...can any one inspect / ask for a copy of board meetings minutes?....even under RTI Act?

IS THERE ANY DOCUMENT COMPULSORY REQUIRED TO BE SUBMITTED WITH MCA WITHIN ONE MONTH OF INCORPORATION OF A PRIVATE LTD. CO. HAVING AUTHORISED CAPITAL OF RS 1 CRORE

can any one provide me main object clause of legal consultant company to incorporate one legal consultant company having both advocate as a designated partner............

Dear Experts,

What is meant by corrected MOA & AOA in case of Change in name & registered office...?

Is it sufficient to cater the requirements of roc, If i am uploading moa and aoa after made changes in name and object clauses?

Hello,

Please provide me the MOA main object clause for marketing consultancy company.

mail me @ ack.rsd@gmail.com

Thanks in advance.

Dear Experts ,

One of our Client is not filled his annual return & never done auditing from last 3 years.i.e 2012-13,2011-12,2010-11.

He has never done any business in this company & not for a single Rs.

Now he got a notice from roc & wants to clear this matter.

we needed your help how to suggest him to move further.
Please Help
Thanks In Advance
Ankit Sehra