Section 314 - Resolution-Expl. Statement

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CS Sandip Rahane (Querist)
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01 September 2009 Thanks for ur kind information and Resol.
Plz send me Expl. statment of the Resolution.

Sir if it goes to compounding then for overcome the above proces of compounding shall i show his appntment in AGM w.e.f 29.09.2009. And remuneration paid to him previously i can show it as a consultancy Fee.

Plz send me Expl Stat. of Resol.
Thnks

Ankur Garg

Ankur Garg (Expert)
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01 September 2009 1 option would be:

show the amount paid in some other category.

Appoint him fresh with prior shareholder and CG approval under section 214(1B).

In that case u don't have to go for compounding.

Ankur Garg

Ankur Garg (Expert)
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01 September 2009 Let me know your main id through PM. I'll send u fresh resolution under section 314(1B) along with explanatory statement.

Regards

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