Anonymous

Dear Members,

Pleas answer the below query that whether an Indian company who has given the loan to its 100 % foreign subsidiary mining company a year ago can convert the loan to share capital with the approval of RBI.
What are the formalities in relating to this since the subsidiary company cannot pay off the interest on loan since the revenue has not started and will not start in the next 2 years.

Thanks



Anonymous
28 May 2013 at 11:46

Annual audited results to sebi

Dear Expert,

I want to know the consequences of non submission of financial results to SEBI by 30th May, 2013


Pawan Jaiswal

Can anyone plz help me to get object clause for the Mobile manufacturing and trading companies


Karan Thakkar

Respected Sir,
I want to register partnership firm in Pune.
I want to know is there any way to register firm online. If yes what is the Procedure and please let me know what all forms/documents we need to submit along with stamp paper and partnership deed for Registration of New partnership firm.

Thank You.


suman
27 May 2013 at 01:43

Foreign exchange

being indiviual how much foreign currency a person can have in its account?wht to do if money exceeds dat limit?



Anonymous
25 May 2013 at 14:59

Company law

Dear experts,
My query is...
If there is a shareholder (A) and he takes a loan from his friend and A invests this money in his company which is a Pvt. Ltd. Company. Will the company accept this loan under the provisions of Companies Act 1956.


Abizer Y. Khambaty

An Indian Resident is to purchase equity shares in an Indian Company from a NRI.

At the same time the NRI is also to pay some purchase consideration to this Indian Resident on account of a current account transaction.

Can this consideration be set-off and only the net amount be paid to the NRI for the purchase of shares.

Kindly also provide a reference of the corresponding circular / section.



Anonymous
23 May 2013 at 19:54

Cop and employment

I am currently employed with an NGO . can i hold a COP and continue employment also , Is there something like Part time COP please advice ?



Anonymous

Please anybody give your expert advice for appointment of director instead of additional director.

and also procedure for change of main object cluase of company.


faizan
21 May 2013 at 12:06

Resignation of director

a Pvt ltd company has three directors. Now two directors want to remove the third director. So is it necessary to get resignation letter from the third director or a resolution is sufficient passed by two director?






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