CS Mitesh Mehta's Expert Profile

Queries Replied : 2590

Hi I am working as a Company Secretary at Mumbai.

My Aim;

To become leader in area of services.

To provide quality services within the fixed time frame to the satisfaction level as per requirement with utmost confidentiality, diligence and care

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Muralidharan says : company Law matter
There is a Public Ltd., having more than 5 Crores as Authorised Capital. It has two Subsidiary Companies which are Pvt Ltd Companies in which the Public Ltd. companies hold 98% and another 100% shareholding. The Managing Director in Public Ltd., is also a Director in these two Pvt Ltd., Companies. Neither the Managing Director nor his relatives Hold any shares in these two Pvt Ltd., Companies. By virtue of the MD in Public Ltd., Company he is a director in these two subsdiary companies. He does not have any personal interest nor he draws any salary or any monetary benefit from these pvt Ltd. Companies. The question is 1) Should the Public Ltd., seek Central Govt Approval u/s 297(1) of the Companies Act since the MD does not have any personal interest in these two Pvt Ltd., 2) Can we say that the Pvt Ltd., companies are deemed public companies and hence the Provisions of Sec.297(1)is not applicable. Read more at: http://www.caclubindia.com/experts/experts_display_list_unresolved.asp?mode=open&offset=20#.UX1O2KJTDvk

dipinder kaur says :
sir can u differentiate between subscribers to MOA,promoters and diresctors in case of conversion into a pvt ltd co.?? can all three be same persons??

dipinder kaur says :
im sorry jst read ur profile...i think i had put up a wong question to you since ur area of expertise is in company law...apology for same

dipinder kaur says :
Mr. Mitesh,can u tell me what all are the loopholes in converting a partnership firm into a llp as far as accounting treatments and taxation benefits are concerned???

Mateen Jehan M says : Publishing results
Your answer on Publishing unaudited results for the last quarter. Can you please clear the present status for the last quarter ending 31.03.2012. Can a company still go for unaudited results