Dear Experts,

In my company, ESOP shares are held by a trust.

The shares of one of the employees are to be transferred in the name of a director's father. Director's father is not an employee of company.

The employee is no longer associated with the company

What would be the procedure for such transfer.

Please advice.

Regards,

Rohini

Are Shareholders are allowed to call special meetings? If yes, under what circumstances?

Is a majority vote required to amend articles of association?

Can a MD / CEO serve on the board of other companies as well? If yes, is there a limit on the number of companies?

Can a former CEO/MD join on the board of the company?

Is it mandatory for the CEO/MD and Chairman to be different individuals? If yes, as per which section / guidelines?

Thanks

Sir/Madam

A pvt Co. incorporated 25/05/2007. At the time of incorporation it has filed form-1,18 & 32 by using provisional Din.But after that neither director has submitted din-2 to the co. and nor Din-3 by the co. to ROC.

Again the above company due non filling of annual return present status is "Strike off ".

Now one of the director want to start up a new pvt ltd company.But while going to apply for name by putting his existing din it is showing a error massage "the company is in default of filing din-3 or form-32.


Now plz advise what to do by the director, so that he can incorporate a new pvt co.

Hii friends,
i got a corporate client for annual filing.i m a Newly qualified CA. this company was incorporated in feb 2012 and no auditors appointment was done by the company yet. Now my query is can i be appointed auditor of this compnay for the f.y 2011-12. if yes what are the procedures i have to adopt?? and what provisions i need to take care of ?? please reply

The problem is as follows:
Mr X has been made a non-executive director in a private limited company. The company filed form 32 about 9 months back. Mr. X had never given his consent to become a director. The company has never sent him any communications like notices for board meetings, etc. Mr.X was providing marketing services to the company as a third party. Even after repeated written notices, the company tells Mr. X that they will remove his name only if he gives the company a 'no-dues' letter (i.e write off the money owed to him by the company as marketing commission).
What legal action can Mr. X take? Can action be taken under Company Law and Criminal Law? If yes, under which provisions? Any reference to judgments will help. Please advise.

Dear Experts,

Please help in fixing this issue:-

A Private Limited Company wants to change its name and it has done the following :-

1. Has passed the Board Resolution for change of name of Company

2. Duly Convened the Extraordinary General Meeting of the Members and passed SR and it was resolved in EGM to alter the name clause in MOA and Alteration in AOA and necessary alterations in all matters, deeds, things etc to give effect of changed name accordingly.

3. Submitted E form 23 for registering SR along with Altered MOA and AOA.

The ROC official has raised the following remark for the e form:-

"Copy of MOA and AOA is not duly certified"

Now please help in fixing this issue regarding satisfying the requirement of ROC for submission of Certified Copy of MOA and AOA.

Please reply urgently in this matter.

What are the businesses which are to be passed by only special resolution?

Respected Experts, I have applied for a company name which is of a country name now the ROC has raised the query which is as follows:
MOU OR JV AGREEMENT NOT SUBMITTED BY FOREIGN COMPANY,PLEASE SUBMIT ALTERNATIVE NAMES.
Actually, the company is a domestic co. but it has its business of outsourcing, & ROC assumed as if it were a foreign company. Please help me.

As per Section 171 of the Companies Act , 1956, a general meetng can be called by giving not less than 21 days notice.

Can a private company/ Public Company by amending its articles call General Meeting by not less than 7 days notice.