Dear Members,
One of the subscriber to MOA of a pvt company is having shareholding of 99.99% ie held by a public company.
My query is it necessary to have 7 subscribers to MOA in the case of deemed public company at the time of incorporation or can we incorporate with 2 members?
Any case laws supporting the views would be highly appreciated.
Dear All,
What is the maximum time limit to issue share certificates after incorporation of the Company. Can you please share the relevant provisions.
Thanks
What happened if partly paid shares sold in open market without payment of call money.
I bought 500 Partly paid up shares of A Limited, A limited ask for 1st call but i not paid 1st call and sold these shares in open market
In case of Private Company, Section 196(4) and 196(5) of Companies Act, 2013 is not applicable.
Therefore, whether appointment/reappointment of MD and WTD is sufficient through passing of Board Resolution only OR a general meeting is required to be conducted in addition to the Board meeting to effect the appointment/reappointment ?
Opinions are invited in this regard please.
Dear Members,
In case of Private Company, Section 196(4) and 196(5) of Companies Act, 2013 is not applicable.
Therefore, whether appointment/reappointment of MD and WTD is sufficient through passing of Board Resolution only OR a general meeting is required to be conducted in addition to the Board meeting to effect the appointment/reappointment ?
Opinions are invited in this regard please.
Dear all,
Incase of conversion of convertible cumulative Preference Shares to equity shares of the company ,what is the treatment for *dividend* not paid due to company being in loss since inception?
Please advise.
Dear all,
for appointment of Director to whole time director or managing director, is it necessary to alter articles first as the AOA is as per table F of the companies act, 2013 and does not contain anything about whole time director or managing director ?
please help
Thanks in advance
Dear all,
Can anybody provide me draft documents for appointment of a whole time director in a private company?
Dear Members,
Could you please let me know how much time ROC Mumbai is taking recently for approval of MGT-14 ?
Hi All,
Can anyone please help in guiding the procedure of conversion of Director to Whole Time Director?
Dear All,
Sub : Companies Act 2013-- Amendments and Relaxation granted through Circulars extending the time of various form/ return filing and compliance
Please find detailed amendment given by MCA under the Companies Act 2013 with extension of timelines till 31 Dec 2020 for various compliances under the Companies Act, 2013. Copies of all Circulars and Notifications are as attached.
1. Circular No. 30/ 2020 dt 28092020====Extension of Companies Fresh Start Scheme, 2020 (CFSS 2020)
2. Circular No. 31/ 2020 dt 28092020===== Extension of LLP Settlement Scheme, 2020
3. Circular No. 32/ 2020 dt 28092020===== Scheme for relaxation of time for filing forms related to creation or modification of charges under the Companies Act, 2013
4. Circular No. 33/ 2020 dt 28092020====Allowing conducting of EGM through VC or Other Audio Visual Means
5. Notification No. G.S.R. 590(E) dt 28092020 ====Extending the time upto which the companies can conduct Board meetings through VC or Other Audio Visual Means
6. Notification No. G.S.R. 589(E)dt 28092020====Extending the time within which Independent Directors can register themselves on databank maintained by IICA
Further please note that the Companies (Amendment) Bill , 2020 was passed in Lok Sabha on 17th Sept 2020 and in Rajya Sabha on 22nd Sept 2020 has now received the assent of President of India on 28th Sept, 2020 and now it has become the Companies ( Amendment ) Act , 2020 . Few synopsis of CAA 2020 is as attached for your ready perusal.
Within how many hours, your team review an article so that it can publish??? Thanks for your time.
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