There are 2 companies
1)Co. A public limited co having paid up more than Rs. 1 crore
2)Co. B a private limited co but wholly owned subsidiary of Co. A
u/s 3(1)(iv), a private limited co which is subsidiary of a public limited co. will be taken as a public limited co.
Hence if Co.A and Co.B want to enter into an agreement will it be a contract between 2 public company which is exempted u/s 297(2)
And if subsiquently Co.B(WOS of CO.A)enter into an agreement with a private limited company, will it attract section 297 as contract between a public ltd and private limited.
PLEASE ADVICE
Dear professional frends,
plz. provide me that whether there is any time limit for intimation to registrar for satisfaction of charge UNDER SECTION 139 OF COMPANIES ACT, 1956.
as i know under section 138 there is time limit of 30 days wherein intimation by company.
Dear all Experts,
Please advice me whether form 32 is required to be filed on the appointment of additional director as a regular director of the company in AGM.
We have already filed Form 32 when he was appointed as an Additional Director of the Company.
An early reply is highly appreciated.
Thanks In Advance!!!!!!!!!
dear all experts,
I send a share transfer deed to a public limited company (unlisted) on which stamped date by RoC is 14.03.2011 and the date of execution of transfer is 24.06.2011 but the company refused to transfer it.
Please explain me the validity period of a blank share transfer form from the stamped date by RoC.
Thanks In Advance
a pvt. company incorporated in year 2007. there is no business till date. Now directors wants to start business and wants to file MCA annual returns of last 4 years.
whether it is compulsory to get accounts audited by CA for all 4 years for the purpose of annual filing of 23AC, 23ACA, 20B.
Dear Experts
What is the Certified filing center for MCA...whats are the benefits of taking this center and what is the process...Pl guide..
thanks.
Our Company is making arrangement with HDFC Bank Limited for availing Vehicle loan by entering into a composite loan cum guarantee agreement after passing resolution at the board meeting . We have affixed common seal in the loan documents as prescribed by the bank and provided to the bank along with certified true copy of Extract of Board resolution .Now, they require to affix the common seal in the extract of board minutes also.We have clarified that it is not necessary to affix the common seal in the minutes. But the Bank stick on this condition and not releasing the loan .
I would like to discuss this matter with my caclubindia friends and expect a valuable advice/ confirmation regarding the legal aspects of affixing common seal in the extract of minutes of the board meeting as per Companies Act, 1956 to provide clarification to HDFC Bank Ltd for releasing vehicle loan for our company.
Thanks………….
Dear Experts,
I have applied for Pvt ltd co. incorporation but MCA has asked to resubmit the form 1 with affidavit in Hindi.
Pl clarify what to mentioned in this affidavit in Hindi.
thanks.
In my case there are two companies,
Co. A a public co. having paid up capital of more than Rs. 1 crore
Co. b a pvt ltd co.
both A & b have common director and shareholders and Co.A wants to enter into an agreement with Co.b for giving its manufacturing work on outsource basis.
Now do Co. A need to get Central Govt prior approval under section 297 of the companies act 1956 before signing such agreement.
Whether special resolution in a general meeting is required to appoint Whole- Time Director in a Private Limited Company
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Further query regarding section 297