What is the treatment of cash in hand while computing net wealth of a firm? (For apportion among partners)

For a private Ltd company.

a board resolution is to be passed regarding authorising the direct in India to open and operate bank account and statutory compliances.
Are both directors required to sign.
If One director is abroad and one in India
can a circular resolution be passed?
what is a circular resolution?

When a company is initially incorporated and a share capital is subscribed at the time of incorporation of the company then whether

a) Shares can be issued without receiving money in the bank account?

b) Is it complied if the initial money is received in cash as company will not have bank account

c) what is the time frame within which share allotment should be done

We have outstanding loans from shareholders of a pvt limited company which we want to convert into equity share capital of the company. My query

a) If one shareholder (A) transfers his entire shareholding through a gift deed to other shareholder (B) then whether he is liable for any tax in India ?

b) What if company issues equity shares to shareholder (B) against the loan outstanding due to shareholder (A) based on the consent from shareholder (A). Does it amount to waiver of liability and liable for tax in a pvt ltd company?

Please advise whether 1 ordinary resolution can be passed on following matter:

Authorizing Branch Head of respective branch of the company to sign,execute all necessary documents for purchase of Fixed Assets or taking loan or acquire Fixed Assets on a rental basis or appoint or re-appoint or discharge staffs or consultant or advisory in the respective field wholly or partially as and when required for the purpose of the respective branch.

Above will be continued till further resolution is passed

Dear Expert,

Please guide me for the following issue:-

A listed company has in the General Meeting held on November 17, 2012 has approved the allotment of preferential shares to 20 allottees for the issue size of Rs. 31 Crore.

The first application money was received on November 22, 2012. now please guide me that what is the maximum time limit that the company has to allot shares to shareholders.

Also provide me the information that if the Company has not received 100% application money before board meeting for allotment of shares so do the company require to refund all the application money or second we need to allot shares only to those shareholders who have given their application money.

Please treat this query as most urgent.

Thanks in advance.

While paying tds online by mistaken
i fill wrong assessement year.
what i do

What is the eligibility-rules-regulations-act applicable for conversion of co-operative society into Bank,,,

Respected Authority
There is a case where husband is an employee in a dental clinic & his wife is govt employee & husband want to file return & want his wife income to be clubbed in his income can i show like this & how to calculate tax then ?

Hi

What are the Income tax benefits available for IT companies in SEZ.

Will it make a difference if company has moved from Non-SEZ to SEZ setup in Noida.

Thanks
Kamesh