Anonymous
This Query has 2 replies

This Query has 2 replies

WHETHER FORM 2 IS REQUIRE TO FILE IN ROC ON CONVERSION OF CONVERTIBLE PREFERENCE SHARES??????????????????



Anonymous
This Query has 2 replies

This Query has 2 replies

Dear experts,

I desire to know what is the exact procedures and forms to convert Private company to Public company.

Resolutions thereof
Meetings thereof everything I want to know

I have been informed that Form No.23 and Form No. 62 are to be submitted.

but I need each and every step to convert Pvt company and Public Company.

Thanks and Happy regards


Pratibha Rawat
This Query has 3 replies

This Query has 3 replies

Dear Experts,

Query

We want to appoint Mr. X as an executive director of the co. He is son of Mr. Y M.D & Mrs. A director of the company. He will be drawing salary also. So plz guide me whether the appointment of Mr. X will attract Sec 314 or not???? or can we go with sec 260 & appoint him as additional director in BM??????? Plz help...


Swasti Tripathi
This Query has 1 replies

This Query has 1 replies

17 June 2013 at 09:54

Statutory meeting

A public company was incorporated in Sept 2012 and got its cob n October 2012. Afterwards in the board meeting auditor was appointed for the financial yr 2012-13 and form 23B in respect of the same has been filed by the auditor.No statutory meeting has been held till now.
1. can the directors apply for extension for holding statutory meeting? if yes what is the procedure?
2. Directors (holding majority shares) want to remove the auditor whom they have previously appointed even for the financial yr 2012-13 on the ground of non conducting of statutory meeting and auditors outstation residence. They want a new auditor to sign the statutory report as well. Is this possible?
Kindly tell the best possible solution to cater this situation.



Anonymous
This Query has 2 replies

This Query has 2 replies

16 June 2013 at 12:13

Corporate law new bill

Hi expert,

Have heard about the new companies bill.

Am unable to understand to what extent the existing topics in corporate law would be changed.

May I buy the books - practice manual and class notes now if I plan to appear in May 14? Pls. suggest.



Anonymous
This Query has 1 replies

This Query has 1 replies

16 June 2013 at 10:04

Removal of director

Hello Sir
I had formed a pvt ltd company with 3 directors, we had the company registered and got our CIN no also. In the meantime we had some issues with one of the director and had to stop further progress. Today we we have the CIN no and want to go forward with the other formalities and roll out our services under this new company, but we also do not want this 3rd director to be a part of this new enterprise.
His name had appeared in the draft of MoA & AoA, till now no shares have been issued to anyone, though while applying for the registration, we had provisioned for 40% shares in his name. the Share Cap of the company is 1.00 lac. The company is also registered in his residence address.
How do we remove this gentleman name from from our MoA & AoA, please advice.


SAURABH NENE
This Query has 3 replies

This Query has 3 replies

15 June 2013 at 16:35

Form 5

Please help me on this issue
Whether form 5 is to be filed with ROC only for increase in authorised share capital or is it required to be filed for increase in paid up capital also, within the limit of authorised capital?



Anonymous
This Query has 3 replies

This Query has 3 replies

15 June 2013 at 14:50

Re-issue of shares

Hello Everyone!

At the time of re-issue of forfeited shares, there is a requirement that a company can re-issue shares at discount but the amount of discount should not exceed the amount already forfeited. My question is where in Indian Laws or Rules or Regulations, such requirement has actually been provided.

Please Rly

Thanks and Regards



Anonymous
This Query has 3 replies

This Query has 3 replies

15 June 2013 at 14:32

Investment in foreign company

An indian co wants to invest in the shares of a foreign subsidiary co.
What are the norms to be complied by the indian co. wrt to company law, RBI, etc.

Is there any reference to any provision.

Thank you


Prince Agarwal
This Query has 2 replies

This Query has 2 replies

Suppose a Private Limited company has taken certain amount from an individual who is an outsider say Rs. 25 lakhs. The company is using this amount for buying and selling goods.What should a company do so that it does not Violate the Companies Act and Companies Acceptance of Deposit Rules, 1975?
Should it return the money within certain time period?
Should it make that person a sharholder?
Or any other option to avoid violation?






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