Dear All,
A director of our company has been given a disclosure that he has resigned from a company which was mentioned in the general disclosure placed by him at the begging of the year
My Query is that whether resignation from the mentioned company shall entered in the Register of Disclosure of Director Interest 299 i.e. "Register of Contracts, Companies & Firm in which director interested U/s 301

Respected Experts ,
Whether a Pvt.Ltd Company can accept loans from any outsider.
and if it is aviolation then what will be its consequences.

Dear Sir/Madam,

I just want to know should a company keep their legal or other document at registered office or otherwise they can be kept at other official place (other office of company) of company (if section available pls quote the same)

Thanks in advance...

Hi everyone,

I want to covert my pvt. co. into sec. 25 co. can anyone tell me the procedure under the same. whther i required to change the name of co. Its very urgent plssssssssssss.

Regards,
Love Kumar

I want to know what is the process to open new pvt ltd. firm, and how much exp. will made.


Thanks

If i have made a mistake in form no. 25C and after filing i came to know about mistake than can i file form 67 for rectifying such mistake.

Hi Members,

Private Company proposes to give loan to Public Company.

However, loan will be secured by creating charge on assets of the Company.

My query is private company becoming a charge holder is not a problem or is it like only bank and nbfc can be a charge holder.

Regards,

Company wants to close the Non Operative account the account was opened 15 years back, the director who was authorized to operate the said account is no more, now the bank is asking a resolution in which we have authorized any other person on behalf of that died director as an authorised signatory...can anyone provide me such resolution

A Private limited is a wholly owned subsidiary of B Ltd. Paid up share capital of A Private Limited comprises of 50,000 equity shares of Rs.10/- each fully paid up. Out of the 50,000 equity shares, 49,994 shares are held by B Ltd. and one share each is held by six nominees of B Ltd. to comply with the provisions of Section 12 of the Companies Act, 1956.

Now, B Ltd. had infused 50 Crs. by way of share application money towards equity shares of A Pvt. Ltd. which is pending allotment till date. A Pvt. Ltd. intends to allot shares against the share application money pending allotment. Whether this will be treated as Preferential allotment under Section 81(1A) of the Companies Act, 1956 and it has to comly with the provisions of said section and Unlisted Public Companies (Preferential Allotment) Rules, 2003 as amended till date?

Thanks

Hi!

What will be the status of a Private Company which is a subsidiary of a Public Limited Company under the Companies Act, 1956? Whether it will be treated as a Public Limited Company and will have to comply with all the provisions of Companies Act, 1956 are as applicable to a Public Limited Company?

In my opinion, the definition of the term Public Limited Company provided under the Companies Act, 1956 was amended vide Companies (Amendment) Act, 2000 to include a Private Limited Company which is a subsidiary of a Public Company. Hence a Private Company which is a subsidiary of Public Limited Company will be treated at par with Public Limited Company and accordingly will have to comply with all the provisions applicable to Public Company under Companies Act, 1956.

This is my opinion and request you to throw some light on the matter.

Thanks