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Gaurav Agarwal   15 November 2009 at 19:00

Circular Resolution

In respect of a private limited company what is circular resolution? How it is issues? Please enlighten with all the details?

Gaurav Agarwal   15 November 2009 at 18:55

Board Of Directors Meeting - How Call?

Who can call the meeting of Board of Directors of a Private Limited Company?
How notice of meeting of Board of Directors issued? Can a notice for meeting of board of directors be send through email? Is notice send through an Email valid according to Company law, IT Act and is it accepted by Court of Law?

AkshayAjay   15 November 2009 at 14:30

Rescheduling of EMI's

I have taken a Mortgage loan from an MNC Financial Institution, i am paying 2 emi's Rs.27000 & 14000 which are presented on 7th of every month due to recession & scale down in bussiness activiities i requested them to reschdule the presentment of one emi amt ie 27000 to 21st of every month by taking an advance EMI but they refused it I complianed to rbi ombudsman & NHB after the complaint also they refused to alter the presentment date, is their any legal course of action and will it be suceessful please help

R GAYATRI   15 November 2009 at 11:37

Companies Act 1956

Dear Sir's,
Can you please confirm,as to whether subsection (1) clause (g) subclause (A) of Section 274 of the Companies Act 1956, regarding disqualification of directors for 5 years for non filing of annual accounts & annual returns for any / last continuous three years, is applicable to a Private Limited Company (limited by shares) which is not a subsidary of any Public Limited Company, even though the articles of association (of the Private Limited Company) does not provide for the same.
Is there any jugdement's passed by the SC or HC on the above subject?.
Thanking You,
Yours Truly,
R.GAYATRI.

G.Padmanabhan   14 November 2009 at 18:19

Civil Misc.Appeal


In a matter before the CLB under S.397 & 398 of Companies Act, wherein there are one petitioner and five respondents, the CLB passes an order, on an application being made by a proposed respondent, impleading the petitioner as the sixth respondent. Against this order of impleadment, the petitioner takes an appeal to the High court under S.10/f of the companies act. In the appeal, one of the respondents files a M.P., seeking a direction against one other respondent on an issue which is connected with the main petition before the CLB, but no way connected with the matter in appeal. Is the M.P. maintenable ? if so, on what grounds? and if Not, on what grounds? Would our experts enlighten me please?

Dinesh Malik   14 November 2009 at 11:33

MINOR AS QUORUM OF A GENERAL MEETING OF A COMPANY

IN A PVT. LTD. CO. THERE ARE TWO MEMBERS AS UNDER:

1. Mr. A
2. Ms. X (Mr. A's minor daughter through his guardianship)

As per Companies Act, the condition of two members is satisfied.

My question is:

"Whether Mr. A and Ms. X (through Mr. A) constitute a valid quorum for a general meeting of shareholders" ?

I lookforward you responce and cooperation.

My E-mail: cs.malikdinesh@gmail.com
Mobile: 09872305737

Anonymous   13 November 2009 at 23:40

continuing guarantee

well i have to know what which documents will be required to prove a continuing guarantee signed by a parties in singapore according to indian law and stamp duties applicable.

Kalyan   13 November 2009 at 18:12

Pawnbroker act

We are a registered NBFC company doing Micro finance leding at rural parts of India. We are giving loan to the villagers against their jewls? Do we need to register ourself in that act

Kindly reply

Thanks

cs   13 November 2009 at 16:27

personal guarantee

hi i want advice on following matter:

mr. a is the common director in x pvt. ltd. and y pvt. ltd
x pvt ltd took loan from bank and a and b other director of x give personal gurantee but now x wants to execute an agreement with c and f , other directors of y that they will share liability with him

please advice as which agreement is to be executed and anything important regarding this