Pls solve my query:-

Suppose Mr. X relative of a director is appointed as MD with salary of Rs.70000/- which is over & above the salary he is getting as a director. Now since Sec 314(1)not apply to appointment of MD,manager etc but As per Sec314(1B) three conditions are satisfied:-
1. Person other than director.
2. Remuneration more than Rs.50000/-
3. MD, Manager etc not exempt under this
saction.
He can hold office or place of profit after Sr and approval of CG as per Sec314(1B)
Now i m confused whether that person hold office or place of profit or not? please clarify rule U/s 314(1) and 314(1B).

hello friends,

Can some body tell me time limits for various payments made to labours and staff under different acts like Wages Act, Bonus Act.

Please explain the powers of Company Law Board/Tribunal in convening the EGM - the Guidance of Judicial Rulings(i.e.- The main principles that should guide the tribunal as regards ordering meeting to be called).

Pl. explain in simple words as I am not able to understand from the book.

Thank you.

We have file Form 25C with ROC which is five years back dated and was not filed till date.

Now, ROC has asked for clarification for delay in filing Forms.

CAn you suggest the sufficient reason for the same.

A partnership firm is converted into pvt co. under part ix of the companies act. can the firm still continue its business even after such conversion. Or should it stops it activities in the firm from the date of incorporation.

Dear all,

Can anybody help me regarding issue of share warrant?
and also need
1.Check list of issue of share warrant
2.Format of share warrant
3.is it require sebi guideline?

Amar

Dear Members,

A Limited Company is having 6 Directors on its Board out of them 4 are relatives (Brothers). One is designated as MD and 3 remaining as WTD.

The Company wants increase the remuneration of all WTD and MD to Rs. 350000 per month.

Please enlighten about the imlications of Section 314, will Company require to take permission from Central Govenment ? or a Special/Ordinary resolution will suffice?


Regards,
Sudhir Mutha

Kindly let me know, what are the documents to be filed with ROC Annually by a Liason Office set up India.

Whether the Liaison office has to file:

1) Copies of Final Accounts of Indian Business And
2) Copies of Final Accounts of the Foreign Companies World Accounts.

Please let me know along with due date.

Nilesh Thakker

How is the settlement done if one of the shareholder wants to quit from the private company & demands his share..?

Can he expect to get back what he has paid / subscribed as a share-holder

Please confirm whether a Company name as X Y Private Limited can use its name in official records as X Y P Limited( P instead of Private).
Status of COmpany do not change.

Is any approval of RoC required or it will result in name change??