hi,
we started the company on last sept with four directors. all the directors have the equal shares. Now i wanted to run the company since the other two directors want to quit the company. they are ready to transfer the shares to me at no cost since company is not making anymore revenue. but one condition is they don't want the other one director to be in the company. they wanted me to take over the whole company. what are the possible ways to remove the director who is not willing to resign from the company.i don have the money to settle since i need to reinvest and run the company. kindly do the needful
thanks

Dear Sir,

We are filed a INC-22 for change of Registered office address.
due to change in date passed resolution and rental agreement its came for re submission stating that The Delay condoned from the competent authority.

can anyone explain what is the condoned from the competent authority
and what is procedure for filing a petition to ROC for delay.

Dear Sir, Please tell me wheather additional director can be appointed by the co in general meeting? There is contradictory views in practice manual of Icai & Jayraman Sir notes. As per Jayraman Sir Notes, additional director can be appointed in gm if authorised by articles. whereas icai has opposite view. which is correct view? & in exam what should i do? please guide me in this matter. thanks in advance.

Hi
1. Xyz private limited have shareholding of ABC Limited listed (75%) company and PQR private limited company(25%).
2. Xyz private limited is running into losses.
3. ABC Limited and PQR limited transferred 100% shareholding to a new Company Ganga Private Limited.
4. Ganga Private Limited is even not paying liabilities and behaving badly with vendors and asking vendors to go to court to get money.
5. ABC Limited and PQR Pvt. Limited saying we were just shareholders in XYZ and not responsible for anything now as we have filed papers with ROC.

Now if looks like a fraud. I need your help in this. How to proceed and recover money.
It looks like Ganga Pvt. Limited will shut down operations in a month and they will not pay liabilities.
Is it allowed that Directors withdraw huge salaries and later sell company to a Rickshaw puller and don't pay liabilities. Please tell me what actions can be taken. Someone told me to report to Fraud investigation unit of government.

Please help its extremely urgent.

Suppose in Limited closely held company share application money is more than paid up share capital since from last so many years due to the reason that the company stopped its business since from last so many years and making statutory compliance like audit and submitting ROC and IT Returns regularly. The holders of Share Application Money are share holders of the company and company is not in a position to return share application money and on the other hand holders of share application money are demanding shares of the company and not their money.

The Directors wanted to write off share application money by issuing shares as per demand of holders of share application money.

Please explain the procedures as per law and suggest your expert opinion.

Is it correct to conduct both Bord Meeting & EGM of member as on same date & time in case of privte limited company , is their any violation of
companies act 2013
ple share information is this regards.....

DEAR EXPERTS..

I WOULD LIKE TO KNOW THAT WHEN WE FILE FORM 1 FOR FORMATION OF THE LLP TO AVAIL NAME IT SAYS THAT THE ACTIVITY IS FALLING UNDER NBFC AND WE NEED TO PROVIDE RBI IN PRINCIPAL APPROVAL FOR FILING FORM 2 FURTHER.

HOW THE IN PRINCIPAL APPROVAL OF THE RBI CAN BE OBTAINED AS THE FINAL APPROVAL/REGISTRATION WITH RBI FOR NBFC CAN BE OBTAINED ONLY AFTER INCORPORATION OF THE COMPANY/LLP.

ALSO IT SAYS TO HAVE NOF OF 2.00 CRORE IN THE LATEST AUDITED BALANCE SHEET. DOES IT MEAN THAT IT IS NOT NECESSARY TO HAVE CAPITAL OF 2.00 CRORE AT THE TIME OF FILING OF THE FORMS AND INCORPORATION?

PLS ADVISE AS SOON AS POSSIBLE
THANKS IN ADVANCE

Dear sir,

Company has 5% cumulative preference shares and company dont want to declare dividend on this shares. Is this allowed under companies Act, 2013 viz, whether declaration and payment of divident is compulsory in the given case.

please suggest!!!

law paper

we have filed AOC-4 and approved, now we realized that our Auditor Report content less compliance what is required by new rules, what is the procedure to update Auditors Report ? please resolve as soon as possible