Since Its in Hand of RBI That How Much Currency to be Issued, Then What is the Criteria of Issuing Currency by RBI.
Whats The Limit.
How It Get Checked.

is co. can formed without issuing shares?
is it ok to file b/s without paid up share capital as payment is not recd before 31st march.

a public company has incorporated a wos.It has seven members out of which six are individuals and one is the holding co. The beneficial interest of the shares held by six individuals in the newly incorporated subsidiary were transferred to Holding company and requisite declarations in form for filing filing form 22b was obtained.

my doubt is
1. whether this transfer of beneficial interest should be accompanied by a transfer form?
2. should this transfer be adopteed in a Board meeting?

Respected experts
My total turnover(intrady cash+delivery+FNO) in stock trading in AY 2011-12 was around 15 Lac rupees. On the whole I made a loss of around Rs.10,000(20000 profit on delivery trades, 30000 loss in intraday) in stock trading.
I was told that if your profits are less than 8% of the turnover or you made loss, than you have to get the audit done.
My toal income for the year(rental from house property+bank interest) was around 1 lac, 20 thousands, hence below taxable income.
Was I wrong in not getting the audit done ?
If so what could be the consequences ?
Thanks in advance

Sir,
There's a private limited company of authorised capital of 25L..out of which 24L is subscribed..now further i wanted to know that can we increase the authorised capital of the company and we have to issue the balance 1L share capital can we..whats the procedure of all this..In that company there are 2 directors with 63% and 25% share..The director who is having 63% share creating troubles in smooth functioning of the company..so what all rights hw have and can he access them without the consent of the other director..Can we increase the share of the other director by issuing more shares oh his favour..??or is there any other remedy available to the other director..??can he remove the director from the company,as he is not ready to leave the company..Plz help me regarding this ASAp..!!

Hi,

we have incorporate a new company for authorised capital Rs.1,00,000/- and increase it by Rs.9,00,000 i.e. Total Rs.10,00,000/- now and we have filed Form 5 & Form 23 for the same.

Now the question is we want to file Form 2 for paid up capital so which amount will come in the Form 2? Rs.9,00,000 or Rs.10,00,000?

A shareholder wants the amount of share he hold to be distributed among his four brothers equally..he wants to known the procedure to do the above mentioned case please suggest the reply i should make to the shareholder.

Dear All,

One company was purchased by my company in 2009, but the shares were not transferred till 31.3.2011.

From the MCA data i have retrieved the shareholders list as on 31.3.2011 from the annual return of the company.

Now i need to transfer these shares, but i do not have the distinctive numbers against the shares of the previous holders.

Can i transfer the shares bearing distinctive numbers starting from 1.

Plz help. The name of the company has also been changed after purchasing.

Respected Expert
Please guide how the turnover is calculated in intraday trading of equity cash segment.
Thanks.

Anybody Please tell me When the shares are transfered Distinctive Numberes will be changed or not?