company law query
This query is : Resolved
25 December 2010
plz give me answer of following question:
(a)A company for the financial year 2008-09 declared the dividend on 19th sep.2009 and fail to distribute the same within the prescribed period.A non executive director who was resigned on july 2009 was also implicated in a court of law along with the company and other directors.The question is whether a resigned non executive director can be liable for the faliure on the part of the company to declare dividend?
(b)A house is alloted to MD of the company.After the death of MD,the house was occupied by his legal heirs.The company demanded the house from the legal heirs of MD.Whether the company will be successful?
(a)A company for the financial year 2008-09 declared the dividend on 19th sep.2009 and fail to distribute the same within the prescribed period.A non executive director who was resigned on july 2009 was also implicated in a court of law along with the company and other directors.The question is whether a resigned non executive director can be liable for the faliure on the part of the company to declare dividend?
(b)A house is alloted to MD of the company.After the death of MD,the house was occupied by his legal heirs.The company demanded the house from the legal heirs of MD.Whether the company will be successful?
25 December 2010
as per my view, answers to ur questions are A. No & B. Yes...
Message likes :
1 times
25 December 2010
Plz give the reasons also.thnks
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- CAPITAL GAIN BASE ON NOTIFICATION
- Form 140 tds
- NRI starting business in India
- ITDS U/S.194T of Firm
- Unregistered suppliers utility
- ADVANCE PAYMENT OF ADVOCATE
- Demand Outstanding AY 2013-14 TDS Deducted not shown in 26as
- FCRA 6 E- Intimation
- The TDS balance for March 26 shows a mismatch between the books and the portal; what should be done
- Invertaded duty struture
- Guidance Needed: Linking Multiple Form 26QB Payments and Responding to ITD Defaulter Notice
- CREDIT NOTES WITHOUT GST
- Taxable or Tax exempt
- How to pay remaining amount of TDS after due date?
- Resigning a auditor from the company for misconduct
- RCM @ 5% on Hamali charges, Transport Charges, Unloading charges we take ITC or not
- CALCULATION OF DEFFERED TAX - OP BL IS DTL & CURRET IT DTA
- LLP audit under companies act
- Experienced CA recommendation from Kolkata for FNO return filing
- Interest Reporting in Form 168
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
