Dear Experts,

Kindly clear my doubt by giving your expert views...
If a Private Ltd Co. Increased its authorised capital from Rs. 20 lac to 2 crores. wht are the compliances & formalities for the same aand its due consequences on the company?
1. Hold BM.
2.Hold AGM
3. File form 23
4. File form 5 along with Fees for increase in Authorised cap..
5.They wl hv to file Compliance certificate - Annualy. Any other Requirements.... Pls Sort my Query...

Thanks in advance

Please let me know whether we have to obtain the Verification/affidavit by a foriegn national. If so whether it is to be obtained in indian samp paper or it is be notarised by the notary of the country in which they are residing.

Please elucidate

Thanks in advance

Hi

I had filed LLP Form 1 for Name reservation on 17th Feb 2013. The status was "Work in Progress" for more than two weeks. Then it changed to "Pending for Approval" a couple of days back. Then I received the following email from MCA, and the status now is "Pending for action". What does this mean? The email received is as below:

"This is to inform you that in term of the provisions under Rule 36(6) of LLP rules, 2009, the above-cited LLP Form1 dated 17-02-2013 filed vide SRN L0047**** has been examined and marked as ##6 with the following remarks- . ##8 ##9 ##A ##B ##C"

a) Is there any new rule that shares cannot be issued at a premium in a PVT Ltd Co after 31.03.2012? And, that shares can be issued only at book value?

b) If a small Pvt Ltd. Co (in the Consultancy business) wishes to issue shares to a foreign investor, that it is mandatory to issue the shares based on book value or can the shares be issued at par even if book value is much higher?

Dear Experts,

The Directors of ABC Pvt Ltd has borrowed funds from another Pvt Ltd Company and purchased Equity Shares of ABC Pvt Ltd. Can they do so, is there any consequences?

A private limited company's articles provides for capitalisation of profits by issue of bonus shares. It also states that such issue "may be made to , among and in favour of members or any class of them entitled thereto......"

Accordingly, can issue be done selectively only to some share holders. Further , as per sec.106 of the companies act, rights attached to shares of any class may be varied with consent in writing of 75% majority or with sanction of spl.resolution passed at meeting of the issued share holders of the respective class of shares

Please clarify

Dear experts,

I need resolutions for following matters:

1)Authority to renew Leave & Licence agreement with the MD of the Co. for use of building owned by him for office purpose
2) To consider and approve political contribution of 5 lacs to a political party as per section 293A of Companies Act 1956.
3)perusal and approval of register of contracts as per section 301 of the companies Act 1956.
4)any other business:
i) To increase remmuneration of MD from 2 lacs to 4 lacs
ii) To constitute a committee to look after issue relating to restructuring of the Co.
iii) To fix date of next BM to consider and approve annual Audited Financial results and accounts

Do the needful asap,

Thanks

regards

Tanveer Ahuja

Dear Prof. Friends

we are in the process of Incopo. of Private company having Forex Dealing Main Objective.

Kindly provide necessary guideline on how to get approval from RBI and under other applicable law like FEMA

PLEASE PROVIDE THE FORMAT OF APPLICATION/APPROVAL IF ANY WITH LEGAL FEE

YOUR EARLY RESPONSE IN THIS REGARD WILL BE HIGHLY APPRECIATED.

BEST REGARDS
ARVIND
akyco@outlook.com

Please tell the procedure for reappointing Managing Director(MD):

1. If same person is reappointed as MD after expiry of term of five years?

2. Is the procedure same in private and public companies ? If so, kindly specify the difference ?

A 100% foreign owned company in India has issued further shares to its holding company, which is from another country.
is there any prior approval or form to be filed in this regard?