Gourav Mehta
This Query has 2 replies

This Query has 2 replies

23 August 2013 at 14:17

Applicability of section 295

Dear Friends

Please provide guidance for applicability / violation of section 295 of Companies Act on the below transactions entered into by a closely held Public Limited Company with its Directors:

1. Company has paid advance salary for 3 months to its Directors.

2. Company has paid 3 month's advance rent to its director's for the office premises taken on lease from the director's.

Whether the above transactions comes under the purview of loans to director's under section 295.

Thanks


Anurag Gupta
This Query has 5 replies

This Query has 5 replies

23 August 2013 at 13:11

Appoint of a director

Sir

In a private limited company, what is the complete procedure for retirement of a director and appointment of another director in place of him?

Regards
Anurag


Abhinav
This Query has 1 replies

This Query has 1 replies

23 August 2013 at 11:24

Company law

can we change the name of a company n use INSURANCE word in it? If yes, is there any approval required?


Khushbu
This Query has 7 replies

This Query has 7 replies

23 August 2013 at 10:49

Moa & aoa

Can anybody please provide me with a draft of MOA & AOA of a Public Company limited by shares and registered U/s.25 of the Companies Act, 1956 (Not for Profit)? My e-mail id is vorakhushbu87@gmail.com


Priya
This Query has 4 replies

This Query has 4 replies

Sir/ Mam

Is it mandatory that a dividend should first be recommended by audit committee, then only by Board.



Anonymous
This Query has 8 replies

This Query has 8 replies

23 August 2013 at 08:32

Registered office

I need to form a company with regidtered office in Maharashtra. the company directors dont own any premises in maharshtra but plan take an office on lease in mumbai. how do you do the registeration of this company? Do we need to take a lease agreement for the premises.If yes for how many years? Also can u provide a copy of the lease agreement? Thanks


Sneha
This Query has 1 replies

This Query has 1 replies

22 August 2013 at 22:21

Deadlock

X family and Y family have 50-50 shareholding in a private limited company. Members of Y are on the Board of Directors of the Company. The entire operations are managed by Y and the control vests with them as well.

Differences have ensued between X and Y. What are the remedies to safeguard the interests of X? Is there a way X can stop the company's operations or go to CLB in case of misconduct by Y?



Anonymous
This Query has 4 replies

This Query has 4 replies

22 August 2013 at 19:10

Issue of bonus share

dear expert,

if private limited company have issued bonus share from revaluation reserve ,what as a statutory auditor we have to do?

should we qualify the report ?
please replay.

regards


RACHANA DAGA
This Query has 1 replies

This Query has 1 replies

22 August 2013 at 16:33

Surrender of din

Respected sir,

Is there any requirement for surrender of DIN after the death of director, if yes What will be the procedure for same.

Reply ASAP

Regards



Anonymous
This Query has 2 replies

This Query has 2 replies

22 August 2013 at 12:09

Transfer of auditor

I would like to know if we have to shift from one auditor to other auditor what are the formalities we should do from the ffirst auditor or what are the letters we should take from the auditor before shifting. or we acn say what letters we should obtain from auditir before relieving him.






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