Regards ! Please advise me on the following Query :
1} What is the limit of Loan amount a share holder can issue to a private Ltd company
2} Can a Director give loan to a Pvt / Public Ltd Company - if yes then what is the limit of this Loan amount.
Dear friends can a Pvt. Ltd company obtain unsecured loans from unrelated third persons (non-corporate ) through bank mode thanks in advance
Dear Sir,
We are a private limited co. Last year our profit was more than 5crore and we had created provision for CSR fund but did not spend any amount on this but this year we are projecting our profit be much lower than 5 crore .
Now my question is , Would we require to spend on CSR this year or not ??
Is NDH-1 required to be filed even when the members are below 200 or to be filed as soon as the members become 200 or more?
Whether section 177(9) Vigil Mechanism applicable on unlisted public company having borrowing from bank more than 50 cr. ??? Reply Please.
Hello,
There are 2 nidhi companies incorporated on
1.16/10/2017
2.13/11/2017
what will be their due return filing date for NDH-1 & NDH-3
How to add share holder in the nidhi company.
Thank you
Ours in a private limited company. We have just now filed our income tax returns for the financial year 2016-17. Returns to ROC are not yet filed. What is the last date for filing ROC returns for the financial year 2016-17.
As per Section 139 of Companies Act, 2013, there is mandatory clause requiring rotation of auditors if the borrowings from banks in case of an unlisted public company crosses ₹ 50 crores. However, 3 years is given as transition period for rotation. In one case, the borrowings have crossed ₹ 50 crores only in FY 2016-17 for the first time. Therefore, would an auditor who has been the auditor of the company for the last twenty years be eligible for FY 2017-18 or no ? Would the transitional period of 3 years begin from the date of commencement of Act or from FY 2016-17 ?
Hi All,
If in one company 4 director(2 NRI/ 2 Indian) and 2 Indian director wants to resign from the company. can they resign normally or any other compliance required because after resign only 2 NRI directors would remain in company?
WHAT IS THE PROCEDURE FOR CONVERSION OF PRIVATE COMAPNY INTO SECTION 8 COMAPNY?
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