Can a private limited company take loans from its directors, as Section 372A only specifies for making loans, giving Guarantees etc.

Dear All,

If company issues a duplicate share certificate, whether stamp duty is payble in following cases:
1. When duplicate share certificate is issued in liu of:
a. Share certificate lost / misplaced
b. Sharecertificate measfisened / torned
c. Consolidated or sub-divided

If stamp duty is payble, how much it shold be paid?

Can any one tell me the procedure for renewal of DSC??????


Thanks in advance

Hi,

Just wanted to know whether non fund based limits given to a company be considered for computation of total borrowings u/s 293 (1) (d) of Companies Act, 1956.
What if the Board resolution specifically states that the company can borrow non fund based limits of XX amount

Can I find the solution to above in A. Ramaiya's Guide to Companies Act, 1956??
Kindly quote the reference

Thanks,
Ashok Mehta

Dear Friends / Experts,

I need to know whether Section 274(1)(g) shall be applicable to all companies or it is applicable only to

- Public Company and
- Private Company, which is a subsidiary of Public Company

I noticed somewhere that Section 274(1)(g) shall not be applicable to a Private Company, which is not a subsidiary of any public company.

- - - - - - - - -

A friend of mine is working in an audit firm, who used to collect letter from each director of private companies (which are not subsidiary of any public company) in connection with Section 274(1)(g).

Also, the auditor of the above firm would mention in his auditor's report regarding Section 274(1)(g).

- - - - - - - - -

Though it may be a good practice to obtain such letter from directors of private companies (which are not subsidiary of any public company) and mention in the auditor's report regarding section 274(1)(g), my query / doubt is,

- whether Section 274(1)(g) is strictly
not applicable to a private company
(which is not a subsidiary of any public
company).

- whether auditor's report does not
require at all to mention anything about
Section 274(1)(g) in the case of a
private company (which is not a
subsidiary of any public company).

To understand something for the day, I request the Friends / Experts to express views on the above queries.

Thanks.

director not to hold office or place of profit......explain??

thanks in advance....

Hi Can anyone answer, whether there is any restriction on the no. of Main Object clauses that can be included in Memorandum of Association of a company??

Hi

My company is purchasing land in exchange wants to issue shares, therefore i wants to show in its accounts that share application money received in exchage of land.

This will be shown as
Land A/c---Dr
To Share Application Account--Cr

This means in other way share application money recd in kind.


My question is whether company can receive share application money in kind.

Hi Experts,

In Case of Public Limited Company for increase in WTD remuneration,whether the Board of Directors has to pass ordinary resolution or Special resolution? Please provide the resolution for the same.
Thanks .

A company has been incorporated on 12.12.2010. What is the procedure of filing annual return . When should he file the first roc return