Anonymous
09 May 2011 at 12:44

Remuneration to Non Exe Director

Whether a company can pay remuneration to a non exe director for his technical expertise under consultancy contract, apart from sitting fees for attending board meetings.

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SANJAY KUMAR AGARWAL
05 May 2011 at 19:00

Allotment of Shares

A private limited company was formend on 4.04.11 with initial allotemnt of shares of Rs.One Lacs. Now the company has decide to takeover the proprietorship business of the promoter director:
1. How this will be done , What precautions should be kept

2. Which FORM should be used for Share allotment Form 2 or Form 3

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Anju
20 April 2011 at 11:05

winding up of company

hello sir,
can you please tell me the detailed procedure of winding up of a provate company?

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Pankaj

Dear All,

We are a unlisted public limited company. We proposed to allot shares on preferential basis to our directors.

We have taken the approval of members under 81(1A) and complied with the prescribed rules.

Now how the resolution for allotment should be passed in the Board Meeting. As we are allotting shares to 3 Directors out of 4?

As all three directors are interested in the resolution

Please guide us on the same.

Thanking You,

Pankaj

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nandish
15 April 2011 at 10:29

Executive Assistant

I have been appointed as a Executive Assistant.
I want to know its real meaning and level of reputation in corporate world.

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Anonymous
13 April 2011 at 14:15

Application For Form 61

I want draft application for Form 61 to Normalise the company status from Dormant Position.

Please give me draft on my e-mail Id
"brijeshsoneji@gmail.com"

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Anonymous
08 April 2011 at 12:53

Commission to non executive director

Our Company is a unlisted public ltd company. There is a change in the designation of one of our directors from whole time director to non executive director. However the Company proposes to pay commission to the said director. Whether the Company can pay the commision on quarterly or monthly basis though it is calculated on the net profit of the Company. Can he be called independent director? However Company is paying remuneration to WTD on effective capital basis.

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Tax Payer

I am one of the Directors of a Pvt Ltd Co. incorporated in the FY 2010-11. We have not yet received any Certificate of Incorporation from ROC. But we are able to see the status in MCA site as Active against our Company's name. To whom shall we contact for enquiring about the receipt of Certificate of Incorporation? Is there any call centres or help desk in this regard set up by ROC?

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VINITHA RAJESH

During the incorporation of the company, the key person was appointed through Form 32 as Whole Time Director. Now the person wants his designation to be MD & CEO of the company.

Should the company file Form 32 for change of designation and should they go through all the processess applicable for a Managing Director.

Please advice

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Ashok Mehta
29 March 2011 at 09:44

Borrowing u/s 293(1)(d)

Hi,

Just wanted to know whether non fund based limits given to a company be considered for computation of total borrowings u/s 293 (1) (d) of Companies Act, 1956.
What if the Board resolution specifically states that the company can borrow non fund based limits of XX amount

Can I find the solution to above in A. Ramaiya's Guide to Companies Act, 1956??
Kindly quote the reference

Thanks,
Ashok Mehta

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