Soumyabrata
07 March 2012 at 15:53

Issue of duplicate share certificate

The original share certificate of shareholders lost in transit while those certificates were sent by the RTA to the Company for Remat purpose. In such a situation, what is the procedure for issuing duplicate share certificates? Please help.


LOVE JAIN
07 March 2012 at 14:39

Value

Is there any limit of minimum no. of member for PUBLIC CO. LIMITED by GUARANTEE HAVING NO SHARE CAPITAL. If yes then What and in which section.

THANKS IN ADVANCE


CA Abhishek Singh

hello everyone,

ABC PVT. LTD having director Mr. A & Mr. B want to open another private ltd company XYZ pvt ltd whose director would be Mr. A & mr. B.

XYZ PVT LTD would be a 100 %subsidiary company of ABC PVT LTD.

i have following questions:

1. who will hold the share capital either ABC PVT LTD or mr. A & Mr. B.

2.If ABC PVT. ltd holds entire share capital then can MR. A & Mr. B be appointed as directors without having any shares ?

3. What extra care should be taken while filing various forms because i have not seen any option such as "SUBSIDIARY CO" in Form 1A.

waiting for your reply.
thanks in advance
abhipcc@rediffmail.com



Anonymous
07 March 2012 at 12:54

Drawings made by directors

a director of private limited company uses the money of the company for his personal expenses and shows it as the expenditure incurred by the company under different expenditure head. can the amount used for his personal expenses can be shown as drawings made by the directors as in the case of proprietorship concern. otherwise what would be the alternative to shown such amount used in the company account books



Anonymous
07 March 2012 at 11:41

Letter to roc relating to resign

Dear All

Mr. X want to resign from the post of director from ABC Ltd..Can Mr. X write a letter to ROC directly related to his resign which he submitted to company as because company is not filing his form - 32, at all.

Can anybody provide what is required to be mentioned in the letter??

Please guide

Thanks


Bhavik
06 March 2012 at 16:52

Urgent

Hi....

can anyone provide me the resolution for filing of form 8 with ROC

The other details for the same is here below

CC with ABC Bank & charge is created as below....

Agreement for Hypothecation of Movable property (Amount Secured Rs1,31,00,000/-)



Anonymous
06 March 2012 at 13:14

Board resolution

Can Anyone please provide me with a specimen of Board Resolution for Vehicle Loan


RAM LAL
05 March 2012 at 19:51

Auditor acceptace letter format

please send me audit acceptance letter format . please do this.



Anonymous

I just wanted to know if Partnerships can issue commercial paper because if i go by the RBI definition it says


Who can issue commercial paper

• Corporates, primary dealers (PDs) and satellite dealers (SDs), and the all-India financial institutions (FIs) that have been permitted to raise short-term resources under the umbrella limit fixed by Reserve Bank of India are eligible to issue CP.
• A corporate would be eligible to issue CP provided –
• the tangible net worth of the company, as per the latest audited balance sheet, is not less than Rs. 4 crore;
• company has been sanctioned working capital limit by bank/s or all-India financial institution/s; and
• the borrowal account of the company is classified as a Standard Asset by the financing bank/s/ institution/s.

A partnership meeting all these three criteria, can it issue commercial paper


SANDEEP CHAWARE
05 March 2012 at 16:45

Applicability of section 297


Transaction between 2 Private Limited Companies.

1) Guarantee Commission for loan facility availed by one company and other company is guarantor.

2) One Director is common (becomes related party transaction)

3) The company who is taking loan is having share capital below 1 Crore and Guarantor company share capital is above 1 Crore

We have a query whether approval from RD will be required for above transaction.






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