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,
Can anyone please let me know the requirements and procedure for the takeover of Partnership form, by Company.
company
private
firm
partnership
takeover
Hello Members,
a
Anybody doled me know the procedure of conversion of partnership firm into private limited company.
company
private
into
partnership
conversion
Can a public company come with the private placement?
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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?
limited
private
firm
partnership
conversion
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
limited
private
remuneration
maximum
Dear Members,
Can any one provide the list of documents / draft document for preferential allotment in private Company
limited
private
allotment
preferential
Dear All,
The Company had taken approval of shareholders for issue of shares of private placement 6 months ago and issued an offer letter to the foreign investor Company. However, the Company will receive the share application money from them this week due to inevitable issues with the overseas bank.
Though the special resolution passed is valid for 12 months, should we issue fresh offer letter or allot shares? Please suggest!
Hi Members,
Can anyone here please guide me on conversion of Section 8 company into private limited company?
livited
private
into
section
conversion
Dear All,
The Company had taken approval of shareholders for issue of shares of private placement 6 months ago and issued an offer letter to the foreign investor Company. However, the Company will receive the share application money from them this week due to inevitable issues with the overseas bank.
Though the special resolution passed is valid for 12 months, should we issue fresh offer letter or allot shares? Please suggest!
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.
private
limited
into
firm
partnership
conversion
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
private
limited
company
into
conversion
partnership
firm
unregistered
