our company is pvt.ltd.company and subsidiary of american company. our company has ecb loan from american holding company. now after exriry of 3 years our company wants to retain the loan money it means extension of ecb loan. so can company do so. and if yes i need the copy of board resolution for approval of exetension of ecb loan please guide me

Ours is a public ltd. company. In our board meeting there was 10 agendas including the approval of accounts. Requisite quorum was present in the meeting and meeting was started but due to time constraint only 2 agenda could discussed and passed and meeting was adjourned for indefinite period.

1. Now rest of the 8 agendas will be passed in the adjourned board meeting. So what will be the effective date of passing of resolution the date of original meeting or adjourned meeting. In case of accounts what will be the date of adoption of accounts if they approved in the adjourned meeting.

2. Whether we need to record separate minutes both for the original and adjourn meeting.

Hi All,

There is a foriegn company, it has a status of limited partnership there in US , Now that company wants to set up a business in India , what will be the procedure for forming it ?

We are in the process of incorporating a NBFC in which one of the subscriber is NRI(Indian citizen buy having NRI status)


Is there any restriction in FDI in NBFC.

As far as my knowledge goes there is no sectoral cap in FDI in NBFC. can anyone pls confrim.

Thanks & regards

P.C. Joshi

Hi,
I want to know that If share application money is kept with the company. Whether share application money is considered as Share Capital while Calculationg Retrun on Capital Employed Ratio.

Capital employed=(Share Capital+Res and Surplus+Long Term Loan-Ficticiou Assets).

Pls suggest

One Company is started on 09/03/2010. Whether Annual Filing for F.Y. 2009-10 is Required or not or we can file only for F.Y. 2010-11???

Kindly reply.

Which companies are suposed to file 23AC & 23ACA in XBRL format?

Dear All,
Pls suggest good solution:

Present Share holding pattern of ABC Ltd.
Mr. A 100 Shares
Mr. B 1500 Shares
Mr. C 1000 Shares
xyz Ltd 200 Shares
PQR Ltd 700 Shares

We want to increase share capital in such a way that share holding of A & B reach to 95% of total capital.
Can we straight away issue shares to A & B without issuing to other or there is other way to do so.
Waiting for EXPERT Opinion

Thanks

Shivani

Dear Experts,

We are in process of incorporating one company, But the promoter does not want to disclose the object of the Company in the name itself. And as per Gudeline No-9(iv) issued by MCA U/S 20 of Companies Act, 1956 then the names becomes general. Like Vnetwork Pvt. Ltd.

As we developed, designed and marketed the software and also have a portal on that name also a registered trademark on the name of the promoter.On the basis of this can the form 1A will get approve.

Or what are the other things require getting that name.

Kindly help me..

Thanks.

Regards
Siddhi

appointment of director in General meeting (not retire by rotation)
increase in authorize capital
increasing the remuneration to the director
subdivision of shares
issuing bonus shares

how these business will be passed, through ordinary resolution or special resolution?