IN LTD. COMPANY ARTICLES PROVIDES RESTRICATIONS ON TRANSFER OF SHARES TO MINORS. THE COMPANY IS LISTED.

IF WE PRACTALLY THINKS THEN A LOT OF SHARES ARE TRANSFERED THROUGH STOCK EXCHANGES. NOBODY KNOWS WHO IS THE BUYER. IF ONE BUYER IS MINOR AND HE PURCHASE SHARE THROUGH STOCK EXCHANGE. THEN HOW ONE CAN KNOW THAT HE IS MINOR.

THEREFORE, I WANT TO KNOW ABT WHETHER IS A CLAUSE THAT COMPANY HAS TO AMEND ITS ARTICLES RELATED TO TRANSFER TO MINOR. WHETHER IT IS IN LISTING AGREEMENT OR IT IS IN DEPOSITARY AGREEMENT

My query is that wht amout of revenue stamp has to be affixed on share certificate from 1988 to till date. Whether there has been any change in amount of revenue stamp affixing on share certificate. If yes , then date of such change. state is delhi.

According to Securities and Exchange Board of India (Prohibition of Insider Trading) Regulations, 1992 :

1. Do Listed Company need to make any YEARLY disclosures to Stock Exchanges as per the Regulations 13 (3) & 13 (4) ? Or only disclosures should be made if and only if there is some change in the shareholding ?

2. As per Model Code, Directors, Officers and Top Management need to make disclosures to Compliance Officer of the Company on yearly basis. Is there any prescribed form for that ? Or the Compliance Officer can obtain the same in any suitable format ?

3. As per the regulation 13(6), Company need to make initial Disclosures to the Stock Exchanges, on receipt of disclosures from the concerned person as per regulation 13(1) & 13(2). Suppose Company is in default of making such disclosures at the time of Regulation came into force, but now Company wants to make all the disclosures and rectify its mistake, then on which date Company should make the disclosures :

a. Date as on this regulation came into force (i.e. Disclosures as on year 2002), or
b. Current date, when company has decided to make the disclosures (i.e. Disclosures as on March 31, 2007)

Suppose Director Mr. X was holding 600 shares when this regulation came into force, and Company is in default for making such disclosures to SEs. And now, as on March 31, 2007, Mr. X is holding nil shares. Then the Company need to make disclosures for which period ? And if the disclosures need is to be made as on 2002 then what bout the change in holding ? Does that also need to be informed separately?

4. If the Director is holding nil share in the Company then Nil Statement is required?

please can u guide me about the format of the statutory report to be filed by auditor as per section 165 of companies act.
kindly forward me a copy of the format at the earliest please

Whether Debit balance in Profit and Loss account is reqiured to be set off against General reserves or it can be seprately shown in Assets side under miscellaous Exp.
As its effect in computing Net Worth would be different .

can a company issue shares below its face value?
if co. can issue than what is the procedure to issue share on discounted rate?

If a company is registered under Companies Act 1956 as a Government Company but the paid up capital of the company under some agreement is divided into the ratio of 50:50 with a public/private company then
a)whether the co. remains as a government co.?
b)Is this agreement comes under the ambit of joint venture or is it take over?

Hi! Can anybody help me on the following

Shares purchased from an unlisted company, but didn't get documents,
How to get certificates & documents of the same.

Dear Sir,

A Nominee Director's Directorship has been withdrawan by the Financial Institution / Bank due to satisfaction of repayment of loan. Now the question is whether this withdrawan to be intimate to registrar through file " FORM.No.32" ? and is it applicable to Nominee Director?

whether a private ltd co. can open any no of branches? is any permission required from ROC for the same?
Is a co can make any no of proprietorship firms and make partnerships in firms?
If so, what are the legal formalities for the same?