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.
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.
Hi,
has anybody out here done the buy back process for the unlisted Public limited Company who had its Shares Dematerialised?
need some assistance please. also will be thankful if anybody provides with the drafts of the documents normally required for the buyback of such Shares for reference.
thanking you in anticipation
CS Devu
Dear all,
If anybody has done work on the subject matter mentioned above. Kindly let me know the procedure of the same.
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
Dear Members,
I have a question, can AGM of an unlisted company be held anywhere In India?
If a company get compulsory delisted by recognised stock exchange and the master data on hashtag#MCA website still shown letter 'L'
Q: What the status will be listed or Un-listed for the purposes of the Companies Act 2013?
Q) Is it need to do compliance with listing regulations?
Dear Members, Is there any Circular / notification issued by the RBI regarding Valuation of Shares of an unlisted NBFC ??? An early action will be highly appreciated.
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