Jassi
18 December 2013 at 10:02
2 out of 3 directors of a Pvt Ltd wish to resign. The third director is totally non-cooperative and is acting as a roadblock.
What should be the process that these 2 directors need to follow to resign from the company?
The 2 directors do not have anybody to appoint as a new director in the company before going out. But I believe MCA needs at least 2 directors. So, is it that their resignation would not be accepted? Or do they need to follow a specific process for it?
Whom do the directors need to send their resignations? Please guide in detail.
Pushkar
17 December 2013 at 22:10
Namaskar
I am a student in the finally year of college. I have a keen interest in drafting and contract laws.
I seek suggestion about good books on drafting various contracts and agreements. I would also like to know about the concept of contract management that various law firms preform.
Thank you
akash
14 December 2013 at 17:19
hello ,we are going to start a service of doing various office works for our clients as there representative . we will also collects there forms & signature through email (scanned documents ).
so what legal authorization we need to be signed by clients for this type of work and to use scanned documents in diffrent govt office .
thank you
Mukesh Khandelwal
14 December 2013 at 15:10
can an advocate became the adviser or agent of a general insurance agent
purshotam vyas
14 December 2013 at 11:59
Dear all,
our company has formed gratuity trust in 2011 and now company want to change its trustee.
I want to know what procedure for changing trustee as per indian law in force now.
Further trust deed say that
"The Trustees may at any time by a resolution in writing signed by not less than two of them and with consent of employer in writing as also of the insurer where the variation has a bearing on the terms and conditions of the master policy issued by the insurer but not otherwise, alter, vary or amend any of the provisions of this trust deed & rule.
provided further that no such alteration or variation in the ruels, constitution, objects or conditions shall be made without the prior consent of the commissioner of income tax"
As per trust deed i need to pass a resolution but before this we need to take prior consent from income tax department. but after approval of income tax and passing resolution should i require to change trust deed whole or anything else ?
Please assist in this matter with your comment.
Thanks in advance.
Brunda
13 December 2013 at 18:25
A public company which is listed accepting loans from individuals who are well known to the directors(Close friends). They are shown under loans. Is it correct to do so? or will sec 58A of the companies act1956 applies to it ? Please explain me in depth.
Thanks
Reetu Dwivedi
13 December 2013 at 17:14
Dear Expert
Our company is a private limited company and has two foreign shareholder, one of our shareholder wants transfer all its shares in our company to other shareholder. If it happens our company will have only one shareholder.
1. Is it permissible for Pvt Ltd Com to have only one shareholder.
2. can we make the company who is transferring all the share to other shareholder a nominee shareholder.
If not , please suggest any other option as per law.
Regards
Tripta Jain
12 December 2013 at 20:51
If a company intends to appoint an individual
other then director of company as MD or WTD,he shall first has to be appointed as Addl. Director. My query arises as to what time CG approval is required (if appointment is not as per Schedule XIII) as per Sec-269, Whether at the time of appointment as Additional Director or at the time of regularization ???
Plzz reply at the earliest
Member (Account Deleted)
12 December 2013 at 16:57
FOR UNLISTED PUBLIC LIMITED COMPANY WHETHER FORM 23 AND FORM 25C HAS TO BE FILED FOR CHANGE IN DESIGNATION FROM MANAGING DIRECTOR TO WHOLE-TIME DIRECTOR.
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Collecting blank cheques as security.
Some of the public/private sector banks are insisting for blank cheques as security for repayment of EMI loans. Pls inform the legality of the same. case decisions on this if any be informed.