Dear Sir / Madam,

ABC Pvt Ltd is formed during FY 2018-19. During FY, the Company has given some loans to directors. The directors were not aware of provisions of Section 185 of Companies Act that the Pvt Ltd company can not give loans to its Directors. That means the Company has violated this provision. Realizing this now, The Directors are ready to repay that amount to the company. This is a genuine case that most of the times the directors of Pvt Ltd company may not be aware of such provisions in very 1st year of the formation of the company.

Can we say now (after receiving above repayment) that the Company has not violated the provisions of Section 185 of Companies? Whether this needs to be reported in Statutory Audit report?

Please Guide
Regards,
Suraj

How can I file resignation of director due to death? if his DIN is deactivated. Please anyone suggest me to remove the director from board of directors.

Hello my name is raj nd I'm 18 yrs old and i want equal rights in my father's property so can i go legally?
What are postive or negative impacts

Municipal tax on a house property should be born by whom(whether seller of the property or buyer of the same) in case agreement for sale was executed but neither possession of the property was given to buyer nor any registration in the name of buyer was done.

Can I make a gift deed today for money I received from my parents as gift some 15 days back.

Dear All,
Please share details regarding the wholly owned subsidiary companies, and share the supporting documents.

What is the fee structure for registration of a LLP as per partner contribution, on MCA portal ??
Suppose if partner contribution is 5 crs. then what will be fee for creation of LLP

I recently lost the Xerox of the property agreement. can the Xerox be misused. the original is safe

Gud mrg Sir/Mam please advised me I am pursuing LLB from ccs Meerut University and my 1st year is clear then what we do side by side pz rply as soon as possible.

sir! i want to know about the stamp duty rate in UP, on a lease agreement for 10 years/ 5 years where the annual rent is 40000. How this is calculated. what would be the principle amount on which the duty is levied. Is it total rent of 10 year or a rent of one year?
Thanking you.