pls clarify is there any restriction as per companies act. 2013 on granting lnterest free loan to employee. if so?
what compliance we will have to follow in this scenario...
Can anyone explain me for the below term
Save as provided in this Act or the rules made thereunder
I got one company's status on MCA site " Captured" what is this meaning.
& because of this we are unable to upload any form on MCA site.
Please spare your valuable time in giving solution to my query
The assessee company is pvt ltd company and on 07.11.2015 the company is converted into LLP .
a) Do we have to file roc return for FY 2015-16 for Pvt ltd company..
b) if yes please give format of last AGM to be held by company
Thanks in Advance
Is there any statutory time limit to file petition before NCLT for winding up by a creditor, in case company does not pay his debt after expiry of 21 days of demand notice.
Our company has granted the interest free loan to one of the employee. However as per MCA circular 04/2015 sec 186 does not apply on granting to employee. Please enlighten me in this scenario will i have to follow any compliance as per companies act. 2013 If so? What.....
Please clarify in details....
Thanks in Advance
I have taken a deduction before 3 years in my LLP under sec 54D. Now can I close my LLP or minimum 5 years I have to run ? Please inform,.
Is there any provision for release Bank Guarantee after submission the case to Tribunal ?
As per section 2(87) of Companies Act, 2013, A subsidiary company is a one in which more than one-half of the total share capital of the company is being held by any other company. Further, as per Rule 2(1)(r) of the Companies (Specification of Definition Details) Rules, 2014, total share capital consists of paid up equity share capital and convertible preference share capital.
In view of the above section & rule, can we change the variation of rights of the existing optionally convertible preference shares into compulsory redeemable preference shares, to cease the existing relation of holding & subsidiary of one of our group companies as having optionally convertible preference shares in the share capital makes a count in the total share capital due to which a holding subsidiary relation exists and the holding company is liable to prepare consolidated financials.
Is it true that any order issued by the central government in respect of companies act, the central government has to submit the order to the both the houses of the parliment. Can anybody explain the brief process/procedure of the orders issued by the central government?