My company is a public limited company and want to allot share to its creditor (also a public co.) with regards to material purchased from it. Whether it is lawful to issue equity shares for purchase (credit) of material. if yes, tell me whether this treated as allotment for cash or other than in cash?

Is the Independant Director of an unlisted company liable to submit a declaration to the Board about the nature of transactions entered into with the other companies in which he was a common director? Whether such transactions include claim for reimbursement made by one company to the other?

C.S. A.K.Maitra

Can a person employed by the Holding Company be appointed as Company Secy. of its Subsidiary Company/Associated Company,while remaining on the rolls of the Holding Company?

hi.

i am facing a problem in signing the document.
i am using the correct pdf version. check form and prescrutiny errors are succesful..

but wen i try sign...it shows the error - "signature needs validation''

upon uploading the same - i get the error '' the CA of the certificate that your are using is not trusted. pls use a certificate issued by a trusted CA''

A PUBLIC co. (not listed) wants to issue bonus shares. Which type of resolution is to be passed i.e. ORDINARY or SPECIAL?
Also whether Form 23 is to filed in this regard or not?

Hello Sir,
A public company wants to issue bonus shares.
Can any one please reply which type of resolution is required to be passed i.e. ordinary or special ????

Hai Every one, this is Harika. I want to Know what is the difference between member of the company and share holder

Can a private company accept unsecured loan from a person other than its shareholders,Directors and their relatives.

Please refer the Section and Act.

Please refer the section and Act for DEPOSIT and UNSECURED LOAN.

Dear Members,

My query is that Holding company is engaged in organizing events related to retail and fashion industry having paid capital > Rs. 1 cr and subsidiary company wants to participate in the events organised by holding company. The company has common director.

Will sec 297 would attract even if the holding company charged the amount which is charged to other participants?

Thanks in anticipation.

I want to clarify the following Doubt:

If a Public limited company has three Directors in Audit committee and one is MD.
if, For the current year two of the Independent directors in the audit committee resigns. now what is the consequence if both of them resigns.
is there any necessary to appoint two directors for the Unlisted company. if yes with in how many days.
is there any change if the company is a public listed company.