X CO=PVT CO
WHETHER X CO CAN ACCEPT DEPOSITS FROM Y CO [PVT CO] PROVIDED Y CO HAD ALSO TAKEN LOAN FROM OTHERS [SECURED/UNSECURED].

WHICH CLAUSE WILL APPLY 2[IV] OR 2[IX] OR NO CLAUSE OF ABOVE RULES I.E. DIRECTLY EXEMPTED B/C OF DEF U/S 3 OF COMPANIES ACT .
WHETHER THIS CLAUSE-ICD HVBEEN DELETED?

WHETHER THE ABOVE SITUATION COMPANIES [ACCEPTANCE OF DEPOSITS] RULES APPLY IF THE Y CO IS MEMBER OF X CO B/C [SEC 3-DEF OF PVT CO]

Dear friends we want maintain a register of resolutions which we are passed during this year, so we request to you please help us how to maintain it.

Dear experts

Can LLP formed with one resident & one non resident.

director want to resign from the company and is there any need of consentletter from remaining director or new director who has admitted as director recently and please also send me format of consent letter

Dear friends
I have to register a company with a foreigner(UK) and an Indian as the promoters. Now the Indian is working in UK and I can get the document (MOA, AOA, etc) signed from UK. But while filling Form No.1, I am not able to give separate data for permanent/present residential address. . Is there any way by which I can fill the data.
Or I have to update the data present/permanent residential address in DIN-4. What could be the proof of address in respect of a person whose present address is UK. Whether the signature in the Declaration annexed with DIN-4 or DIN-1 need be in made in the presence of a professional. Please clarify.
An early reply in this regard will be highly appreciated. Thanks in advance.

Santhosh

Dear Members,

A public company given guarantee (within the limit) for the Loan to its subsidiary with out any resolution. But within 2 months of event Board understand the importance of resolution and want to ratify the action in the next Board Meeting.

Can it ratify the guarantee given earlier?

seeking your opinion / ideas, please.
Regards
K Degaleeswaran

Hi..

Please solve this query on urgent basis.

" What is the status of a Public Unlimited Company? What are the difference between Public Limited Company & this type of Company. Are all sections of the company law, applicable on the Public Unlimited Company. There is a company - ABC Capital Services India. It has not used Limited at the end. but the Master Data shows that it is a Public Company as well as Unlimited."
I am really very very confused. Please resolve this as soon as possible.

Thanks & Regards,

Alok Dubey

plz tell me what is the difference between additional director and regular director(ie appointed in GM)

CO A (PVT LTD) ACCEPTED DEPOSITES FROM ANOTHER CO [B] WITHOUT ANY ADVTS ETC [NOT AS PER SEC 58A(1) & (2)].....CO B HAD ALSO TAKEN LOAN FROM OTHER BANKS /FIS FROM WHICH IT IS PAYING CO A .........

THEREFORE AS PER ACCEPTANCE OF DEPOSIT RULES DEPOSIT NOT INCLUDE

INTER CORPORATE DEPOSITS [OMMTTED ]

ACCEPTANCE OF DEPOSIT FROM DIRECTOR OR RELATIVES OF DIRECTOR OR MEMBER PROVIDED DELARATION IN WRITING THT AMT GIVEN AS DEPOSIT IS NOT OUT OF THE LOAN BORROWED.


BUT IN MY CASE THIS COND IS VIOLATED ..

HOW CAN I FLOAT CO BY TAKING UNSECURED LOANS FROM DOR OR MEMBRS.

WHETHER THERE WIL BE VIOLATION IF SUCH AMT IS GIVEN O/T OF SECURED LOANS.

WHT 'S THE SOLUTION

hi
plz help me,m confusing in rotational director,actualy i want to know the meaning of rotation here,can it be more than one year ie,after two AGM.