In my case, there is a newly incorporated private limited company (1 year Completed) which consist of :
1. Director - A (holding 51% share)
2. Director - B (holding 49% Share)
3. Director - C ( not a shareholder)(appointed as director recently)
** Authorized Capital =Rs.15 Lakhs and Paid Up Capital = Rs.2 Lakhs **( Rs.10 per Share)
Since Director-A is negligence in his work and due to some other reasons , the other two directors is decided to remove him from the company.
And my question is:-
1. Is it possible to remove Director -A by the other two directors?
2. Is it possible to remove Director -A without his Consent?
3. Is it possible to increase Paid up Share Capital , without the approval of Director-A?
So that, Director - B and Director-C can contribute more and hold the majority shares.
It may helpful for taking actions without the consent of Director-A.
So, kindly guide me with the references and help me to solve this case.
Dear All,
Is it mandatory to get the same name for private Limited as the partnership firm incase of name change of partnership firm?
can we do certain modifications with the name and apply incase the same name as a partnership firm is not available?
Dear Members,
Section 197 is not applicable on private limited Companies.
Company is in Profit. Thus schedule V is not applicable.
Considering above
1. what could be the Maximum remuneration that can be paid to MD ?
2. Also if company has 1 MD and 1 WTD
Dear Members,
Can any one provide the list of documents / draft document for preferential allotment in private Company
Dear Members
Can anyone provide me with the procedure & related documents with the estimated fees to convert a partnership firm into a pvt. ltd. co.
Dear All
Can we convert the unregistered partnership firm (not registered with the RoF, only executed the agreement) into PRIVATE LIMITED COMPANY.
Thanks in advance
Respected Members,
Request to share Draft MOU/Agreement for Transfer of Equity Shares of an existing Shareholder of a Pvt Limited Company.
Dear All,
Can anyone please share me the eligibility criteria, process and draft documents for for conversion from public limited unlisted to LLP.
Respected Members,
Request to share Draft MOU/Agreement for Transfer of Equity Shares of an existing Shareholder of a Pvt Limited Company.
Dear Member,
We have incorporated Nidhi Limited co, in August-2020, now which forms do we need to file please guide.
Which forms do we need to fill for Annual Filing?
Dear Professionals,
If anyone has documents for Conversion of OPC to Private Limited, then please provide the same.
Hi Members,
Hope you all are ready for the festive season I mean Diwali & Annual Filing.
I need the process of conversion of OPC into Private Limited. Please can anyone share the process and draft documents or e-form INC-6. This will definitely give me sought of insight.