Dear Friends,

Shares of A pvt. Company were transferred from Resident shareholders to a NRI entity(Singapore based co.)to the extent of 98% of total holding.Form FCTRS was filed with AD. Is there any statutory requirement under FEMA Regulation to get approval/confirmation of the said transaction. the Indian compnay has been advised by its legal consulatants that RBI approval is must. But as per my knowledge, FORM FCTRS is to be submitted to AD which will issue the requisite certifcate.

Can anyone throw some light on it.

Thanks

P.C> Joshi

There are 3 director's in company (Co. is Pvt Ltd). They given loan to company on equal proportionate.
Director's are the promoter of the company.
They want to convert the loan amount to paid up share capital.

Can this is possible.If there, then tell me the procedure.

The major transaction of loan is through bank only.

Kindly guide me.

XYZ Pvt Ltd issue and allot shares to two persons at par value on a particular date and at premium value to the third party in another date and file the respective ROC forms is it possible. and what are the section related to it.

What will be the procedure of merge of a partnership and a Existing Pvt Ltd Co.Please tell me ...

WHAT IS THE CONSEQUENCES OF NOT FILING FORM 23B IN TIME?

SAMPLE:
WHAT IF THAT A PRIVATE LTD. COMPANY HAS APPOINTED AN AUDITOR OTHER THAN RETIRING AUDITOR AND THE COMPANY HAS RIGHTLY COMPLIED ITS PART OF LAW BUT AFTER APPOINTMENT THE AUDITOR HAS NOT FILED THE FORM 23B WHICH HAS TO BE FILED WITHIN 30 DAYS from the receipt of Intimation of his appointment from the Company. THE CASE IS OF F.Y. 2010-11. AND WHETHER THE AUDITOR CAN NOW FILE THE FORM 23B.

if the company receives a letter from a shareholder regarding a payment of unpaid dividend then what should the company do as the company have already transferred the amount to an unpaid dividend account , how should we approach to these or need to contact the bank where it is deposited., please reply, its urgent

PLEASE CLEARIFY IT........

A private limited compny is having only two director, both having 45% shareholding in that company and remanig 10% share is hloding by a single person. Can it is possible for one director to appoint third person as Director having 10 % shares without meeting of BOD with Secound director. if Yes then how ?????

i would like to know that whether a company can issue share at premium to one company and to other individual at par value during a year.

please suggest me as soon as possible with the relevant provision.

Dear all,

Please elaborate the section 314

What are the formalities and compliances required susequent to the incorporation of a private company?