X is holding co in foreing country and Y is a Wholly Owned Subsidiary of X which is incorporation in India.

Z is a holding company of X situated in another foreign country.

X is dissolved and the shares in Y are transferred to Z.

Both are Non Residents and the transfer happens. What is the procedure to be complied with RBI.

No inflow into india hence no permission required right?

Try to send me a NOTE on the process immediately.

A company X (Private Limited)has failed to hold 1st AGM within 18 months from the date of Incorporation and considerable amount of time has ellapsed. Now the company wishes to hold its 1st AGM.

Is There any other alternative then paying Penality?

Please provide suggestion in detail about Section 166, 167 and other applicable provisions of the companies Act, 1956

One of the director out of 3 wants to resign from Pvt. ltd.( Paid up 1 lacs) he has not given the any money for subscribtion of shares in MOA.

New Person want to entered as director with equal shares.

What is the procedure for above situations ?

Is it require to file Form 32 in physicaly after s efilling with mca ?

Can we need to file Form 32 for resignation of the alternate Director of the Company or we can file direct form 32 of the appointment of alternate Director.

Whether it is allowed by the companies to provide the depreceation as per Income Tax Act.

A Cost Accountant join 15th June, 08 and his acceptance of appointment is come on 30th July, 08, Company forward the all data of 07-08 on 15th Sept, 08. Cost Accountant submit report on 25th Sept, 08 to central Goverment. in that Situation can Cost Accountant is liable for the FIme of Rs. 5000 due to non compaliance of non submition of report in 180 days of closer of Financial Year.

WHAT IS THE PROCEDURE FOR CONVERSION OF LIMITED CO. INTO PVT. LIMITED CO.

HOW MUCH TIME IT WILL TAKE TO CONVERT.

WHAT IS EXP.

FROM
CA Deepak Bagrecha

The COmpany X is a Indian Private Company. ABC is a foreign director and he is paid salary and not Directors remuneration. Then is there some procedure.. The Board will only take on record that ABC is being paid salary. are there any limits for private company. Directors remuneration is not paid only salary is paid. kindly guide.. send mail to agarwal.sarika@in.kline.com

Kindly send me the format resolution required under Section 187 of the companies Act, 1956. i.e the company X is a shareholder in Y company and X company authorising one of his employee to attend the Extra Ordinary General Meeting of Y company and vote on their behalf.

may send at at email id- agarwal.sarika@in.kline.com