CS Usha Nimesh
01 September 2011 at 15:04
In my case there are two companies,
Co. A a public co. having paid up capital of more than Rs. 1 crore
Co. b a pvt ltd co.
both A & b have common director and shareholders and Co.A wants to enter into an agreement with Co.b for giving its manufacturing work on outsource basis.
Now do Co. A need to get Central Govt prior approval under section 297 of the companies act 1956 before signing such agreement.
CS Usha Nimesh
04 August 2011 at 15:29
Hi friends,
can anyone please let me know whether issuance of ESOP (employee stock option plan)in a pvt. ltd co. need special resolution in gen meeting?...
and if posible please provide me a draft of ESOP plan document.
regards
usha
CS Usha Nimesh
27 July 2011 at 15:44
Under section 187C there is a provision for a registered shareholder to transfer its beneficial right to a Nominee, but what are the right which have been covered under this terms?
Do that nominee:
1. attend meeting and vote
2. get dividend or bonus on such shares
3. can transfer such shares or register sh-holder can transfer shares without getting approval of nominee
Please reply
Regards
usha
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Trigerring of takeover code
whether a co. has to follow takeover code stipulated by sebi if it wants to takeover a pvt. ltd co. which is a holding co. of a listed company?
plz help