Dear Friends,

Now a days we come to know that collecter of stamps in Delhi and other states are issuing notices to companies for default in payment of stamp duty in share certfcate on allotment of shares. Some of you must have come across thi sissue recently. I have some queries in this repect can any one please clarify.

1. WE PAY STAMP DUTY WHILE INCORPORATING A COMPANY AND ALSO WHILE INCREASING THE AUTHORISED CAPITAL. Then what else is the stamp duty payable on allotment.

2. If yes it is payable what is the rate and how the stamping is done i mean is it a self adhesive stamps or embossed on the share certifcate and the systems woks.

3.What is the option for the companies who have viloted this norm.
4. Suppose a company sou moto wants to comply with the stamp duty payment for past as well as future cases what should it do. WHich office in Delhi should be contacted.

5. I understand that in Haryana there is a stamp duty of Rs 10/- irrespective of quantum/amunt of shars capital issued. SO some company are showing the palce of allotment/board meeting in haryana is it valid.

6. In case any notice has been receibved what reply should be given at the first instance.

Looking forward to plenty of responses on this matter.





Thanks & Regards

P.C. Joshi
B.Com, ACS, LLB
Mobile- 09891702927

what is requirement for issuing the debenture for raising the fund from public by pvt. company under SEBI, COMPANY ACT, RBI, & ANY OTHER LAW.

PLEASE TELL ME THE FULL PRACTICLE PROCEDURE WITH APPLICABLE SECTION & ALSO PLEASE ATTACHED THE REQUIRED FILE

THANKS & REGARDS
SANTOSH

Dear Friends,

I need a considered view of the members on the following query.

A Pvt Ltd company incorprated in 2002 status as per MCA site is dormant.
the company has four directors none of them had filed DIN/DIn3 as such on MCA site directors are not showing.
The directors wants to revive the company and that is possible by filing DIN3
But one of the director is not cooperating and not giving any documents for getting DIn and filing DIN 3. the director's name is already coming on MOA & annual returns filed till 2003-04.

My queies are:

1. What is the procedure for normalising a dormant company
2. What is the option available with the company if one of the director is not willing to get DIN and file DIN 3.
3. Can the company file DIN 3 for three directors and inform the ROC for non cooperation by the other director. Afterall getting DIN is the individual liability of every director.

Thanks & Regards

P.C. joshi

dear sir/madam

pls let me knw in which clause natural honey produts is included in moa clause. pls provide me with that clause


plsplss its urgent rly me....

thanks

regards

tanveer ahuja

In case of a public company in which state government is major shareholder, state government by an order appointed a person as Managing Director. but some of the directors have raised objection that government can not directely appoint any one as managing director only the board of directors have the right to appoint managing director.

my question is whether state government has the authority to appint Managing Director without the consent of board. if there is any notification or circular in this regard kindly refer. I think section 269 and schedule XIII is not applicable in case of government companies.

In case govt does not have authority to appoint MD and board has not consented to his appointment what will be the validity of work done by him during the period of his appointment by government order and board meeting.

hello expert,,i need u r help,i recently completed my cs professional prog.. i decided to go industrial training.. now pls. tell me which are the topics which can be asked in the interview..also speicfy the clauses of listing agreement.....its very urgent,,,thnxs in advance for u r support

Hi All,

Can anyone let me know that,

when shares issue to Non resident lost / misplace, we need to give indemnity to the company.

Where the indemnity bond need to be executed in india / outside india (i.e place of non resident)?

Early reply will be highly appreciated..

Regards

Hello,
According to companies act, 1956 can we charge lower depreciation on machinery. Because the life of machinery is more than 10 years. For that we have to make application to Central goverment. Please can I get Board resolution for it.

Hi For a Pvt ltd co .

1. What is the time limit to pay for the subscription of shares by "Subscribers to MOA " ??

2. Any penalty if they have not paid for the same ?

Pls state sections , if any.

In our case - The subscribers have not paid for 1 year the amt required to be paid as per MOA & no shares have been alloted yet.

IF ANY SHARE CERTIFICATE IS LOST BY THE BOARD OF DIRECTOR BEFORE ISSUING TO THE SHAREHOLDER, WHAT IS THE PROCEDURE REGARDING THIS MATTER FOR THE BOARD OF DIRECTOR ?
IF THERE IS ANY PENALTY , PROVIDE THE SECTION ?