Dear Members,
Query is as follows:
There is an increase in remuneration of Mr. _____ (WTD) for which a special resolution is passed in the AGM. As per the explanatory statement the following terms is mentioned:
Salary, Allowances and Perquisites (including benefits, facilities and amenities): Rs. 3,75,00,000 (Rupees Three Crores and Seventy Five Lakhs only) per annum, with the authority granted to the Board of Directors (hereinafter referred to as “the Board” which term shall include in Committee of Directors) to determine the remuneration including inter-se breakup thereof and grant increases from time to time not exceeding 20% per annum but subject to shareholders’ approval in the General Meeting.
Can the above clause be altered in such a way that if the shareholders approve for increase of 20% p.a in this AGM, the shareholders approval would not be required in the next AGM if the remuneration to be paid is increased from 3.75 Cr to say 4 Cr?
Please help in this matter and guide accordingly.
Dear All,
Can a Public subsidiary company give loan its Public Holding Company. There are common directors on Board.
Does anyone have Format of Public notice for Change in Control/Management of NBFC / HFC (not accepting Public Deposit)?
Hello Members
Can anyone please share the draft documents for conversion of a public company into a private company under the Regional Director? It's slightly urgent.
private
public
conversion
Dear Members,
If a Company (public) has not availed the facility of demat of shares......and no transfer and allotment has been made from 2nd Oct, 2018 till date.....then whether it shall be non compliance by the company for the purpose of mentioning the same in MGT -7 .?
In first AGM of Unlisted Public Limited Company, do i need to mention retirement by rotation of the Director?
Dear friends,
The company is changing its AOA as per Table F of co. act 2013.
Does the company needs to include/insert any provisions for the below points or these shal be governed by respective rules/ act.
1- CSR
2- investment in startup
3- employee welfare fund like PF, Gratuity others if any (may be trust)
4- IBC
5- Joint venture in future
6- To become partner or member in partnership or LLP in future.
Dear Experts,
Whether the Re-conciliation of Share Capital Audit by Deemed Public Companies (subsidiary of Private Limited Companies) is required to be done ?
A public company is now required to comply with the CSR mandate.
I want to know steps/procedure with respect to complying with the CSR requirements like
1) Creating a CSR committee
2) CSR Policy
3) Contributing the said % of profits to CSR Activities
4) Calculations of the amount to be contributed
5) MCA/ROC compliance wrt CSR implementation.
public
compliance
Dear All,
Good Morning!
Please Tell me what are requirements we need for the Incorporation of Public Limited Company And Requirements and documentation for name Approval of Public Limited Company.
company
public
incorporation
Dear Members,
Can public unlisted company take loan from friend of director?
Q.curtsy
Thanks and Regards
Deepak Seth
Mob: 9953025911
Email ID- deepakseth39@gmail.com
What is the process of Strike off public limited company?
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