Whether the provisions of section 297 of the Companies Act, 1956 will be applicable in case of a transcation between a Public Limited Company and a Private Company which is a subsidiary of the same Public Company.

As per the amended definition of a Public Company, a Public Company inlcudes a Private Company which is a subsidiary of a Public Company.

Hence, in the above case, the transaction is between two Public Limited Companies and would be exempt from the provisions of Section 297 of the Companies Act, 1956. Am I Correct in my interpretation?????? Experts ur views please!

Respected all,
One company incorporated 4 yrs back defaulted in filing with ROC. The status of the company is vanishing. The company wants to run and file the returns. Is there any procedure to file the forms? Pls advise me.

Hi

Whether asset can be transfered to creditor against unsecured loan in a private limited company, as the company is short of funds and value of property is equal to the value of unsecured loan.

If yes, please let me know whether any registry (sub registrar) cost will be applicable as the asset is "Land & building" .

Regards
CA Shubham

Dear All,

a company reduces its share capital by paying off Rs. 1/- per share to shareholders and there by Reducing the face value to Rs. 9/- per share from Rs. 10/- per share. (with high court approval)

The DD for the above are dispatched to all the shareholders.

However some of the shareholders do not claim the above amount and the same is remaining unpaid with the company under 'unclaimed scheme of arrangment'.

Now the question is if the amount remained in the unclaimed account should be transferred to IEPF account or which traetment sould be given after 7 years?

During the incorporation of the company, the key person was appointed through Form 32 as Whole Time Director. Now the person wants his designation to be MD & CEO of the company.

Should the company file Form 32 for change of designation and should they go through all the processess applicable for a Managing Director.

Please advice

Please give me format of object clause of real estate business of private company.

Thanks in advance.

How many guarantees can a corporate give to other corporates

Dear Sir,

Please let me know that when will the quarterly result for the quarter ended on 31st march, 2011, submitted to the Stock Exchange. What is the time limit?

Is this Result, unaudited or audited?

If the Company will submit unaudited financial result, what will be the time to submit the unaudited financial result? Then what will be the time to submit audited result after that?

If the Company will submit audited financial result with in what time it will submit?

Please guide me in detail.

Thanks

Amit Trivedi
(atrivedi13@yahoo.co.in)

Can anybody please provide me the memorandum of waste management company,(water treatment company,compost manufacturing, energy generation etc.)?

Thanking you in advance!

Is a resolution required for writing off a liability?