On corporate law
PrnBCRBant
(Querist) 08 September 2011
This query is : Resolved
Dear Experts,
In a case, where a director has been appointed in the mid of the year by a pvt. ltd. company through a board meeting for which articles provides for & necessary filings have been done with ROC.
1) whether the appointment has to be approved the share holders at the immediate AGM ? if yes? whether it is Ordinary or special business? and please help with draft copy of the resolution to be passed in such case & also the expression to be put at the Agenda of the notice of the meeting.
Query 2) Taking the same case, if such director has subscribed & has been allotted with certain shares of the company. a) whether this amounts to preferential allotment as allotment to preferential allotment to parties u/s.301 of the act. if yes, do we have report under point no XVIII of CARO report? if yes? how to report it.
Thanks in anticipation of timely help,
with regards.
prabhakar singh
(Expert) 09 September 2011
i feel such queries should not be entertained here .A company should engage CS for these services it is none of our business to look into these affairs before any dispute.AND why a free service should sought by a company or its employee????????
i agree to render services to NGOs ,charitable and benevolent institutions but not companies.
Day before yesterday i refused a query from one MBA employee of a co.,and every one agreed with me hence no bias towards you too.
i am sorry!!!
Sailesh Kumar Shah
(Expert) 09 September 2011
Yes, Mr. Prabhakar singh rightly says that "i feel such queries should not be entertained here".
Guest
(Expert) 09 September 2011
Dear Prajna,
Your CA could well guide you on this point, as they are fully trained to handle the job of CS also.
PrnBCRBant
(Querist) 09 September 2011
Dear Experts,
I felt that this forum was for knowledge sharing & thought it fit for discuss on any of the topic that too under Business Law Category & also to the benefit of all the readers & sometimes to confirm our knowledge through experts like all of you, before we put these in to actions.
Still if you feel that this is not the right forum, then I am really sorry to disturb.
with lots of regards.
girish shringi
(Expert) 11 September 2011
Its okay,if someone do not have proper forum ,he may search the forum.
LAGA TO TIR NAHIN TO TUKKA.
M/s. Y-not legal services
(Expert) 09 September 2011
