Anonymous
This Query has 1 replies

This Query has 1 replies

10 May 2013 at 00:22

Take over code

"Company 'A' is a listed company. The X Family is a promoter of Company 'A' and along with friends and relatives, collectively owns 35% of the equity capital of the said company.



Mr. X, the patriarch of the X fmly holds 24.5% of the equity shares of Company 'A'.



The X fmly desires to consolidate all holdings in the hands of M\r. X, who wolud in turn form a company cld X Ltd. to which he would transfer all the shares and in which he would hold 100% of the equity share capital .



X fmly has approached you to explain any implications of the Takeover Regulations. They do not want such a restructuring of a fmly holdeing to triggfer an open offer.





Please advise fmly X on how they can achiever thier objective."


CA Apoorva Gaurav
This Query has 2 replies

This Query has 2 replies

09 May 2013 at 21:56

Govt. emplyoee as director

Can a govt. employee be appointed as a Director in a pvt. ltd Co.????


GUNEET
This Query has 1 replies

This Query has 1 replies


Dear Members,


Please clear my following doubt :



Can a statutory auditor certify the forms (e.g.form 23ac and aca and 20b )of the company for which he/she is signing Audit report.

WILL IT NOT INVOLVE CERTIFICATION OF OWN WORK???

PLEASE THROW LIGHT ON THE ABOVE


Surya Prabha
This Query has 1 replies

This Query has 1 replies

09 May 2013 at 13:35

Appointment of cs

Authorized and paid up share capital of my company is more than 5 crore, do we need to appoint a full time CS or can we retain a CS and obtain Compliance certificate from him/her.


ramanamma
This Query has 2 replies

This Query has 2 replies

09 May 2013 at 13:15

Pending shares allotement

Friend please suggest me

My company having few shares are pending for allotment for the financial year 2012-13.
on 31st march, 2013 those pending shares are allotted.
But til to date information relating to pending shares allotment are not submitted what we can do ???
When due date for submission to ROC ? &
is there any penalty liable for late file and also suggest what procedure involve on that & what forms are required for ROC submission .
Ex:- My company name XYZ Limited.

Thanks



Anonymous
This Query has 5 replies

This Query has 5 replies

09 May 2013 at 13:09

Resolution

Format for the resolution for appointment of statutory auditor...



Anonymous
This Query has 1 replies

This Query has 1 replies

08 May 2013 at 18:46

Appointment of whole time director

Since the Service tax is applicable on Non Whole time Director. So how may person can be appointed as a whole time director in Private & Public company.

Since the Sec. 269 is not applicable to private company, than a private company can appoint more than one WTD.

As per company Law "A Person can be appointed as a WTD in only One Company".

Kindly Tell me in Above line (Line in inverted Comma) Here company word is use for either for Public Company or Private Company or for both.
Kindly answer as early as possible.

Thank you.


Mahesh Agarwal
This Query has 1 replies

This Query has 1 replies

Can anyone provide the Board Resolution to raise Fresh equity capital for a Private Limited Company.


Dhara
This Query has 3 replies

This Query has 3 replies

08 May 2013 at 16:48

Section 297

Plz explain me that as per section 297, specified person includes the private company who's shares are purchase by director or Wer he is director??



Anonymous
This Query has 1 replies

This Query has 1 replies

08 May 2013 at 13:45

Directors

Whether a Whole-time Director needs to be appointed as a director first or A Person can be appointed as a whole time director directly.






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