If the balance sheets of subsidiary companies are not made available to the holding company. Then what would be the applicability of Section 212. So, whether the holding company would wait for the accounts of subsidiary company or the company could conduct its AGM.

our company is a public ltd. compamy and we have issued 4% preference shares to a pvt. ltd. company whose director is also a director in our company.

now we are going to convert these 4% preference shares into 0% preference shares for which we passed a baord resolution in the board meeting in which the said director was present and dissented to the resolution.

My question is that whether he will be considered as a interested director and whether his presence shall be counted for the purpose of quorum as he is also a director in the shareholding company.

WHy the form no 20b is required to file in word format also?what is logic behind it?

if i don't have data regarding share transfer etc what should i mention in it?

Dear Members,

Pls. let me know can a Pvt. co. gives a interest free loan to directors or not & is there any other provision for public co.



Thanks,
With Regards,

Amit

Can anyone pls provide me the draft of resolution and explanatory statement which required to be attach with form 23 in case of re-appointment of managing director for another 5 years.

Hi,

What is the remedy for the notice for notice received u/s 159/166/210/220 of the Companies Act,1956 for non-filing of annual return and other submissions.

Now can we file the same for last 2-3 years at a time,if yes kindly advise.

Dear Experts,
what is the procedure to be followed in respect of FEMA for investing in BID SECURITY with foreign govt. The amount involves is Rs.70 lacs. This can be given in the form of BANK GUARANTEE to the foreign govt or through foreign currency. Pls let me know if any RBI Guidelines to be followed?

What are requisite for transmission of shares, like
-application by recepient;
-Succession certificate, probate or LA in case of Will or none;
-Copy of will
Pl quote relevant section etc

Hi Friends,

there is transfer of shares from resident to non resident.

Procedure is to file FCTRS with AD, den
1. who is responsible for filing FCTRS with AD....Transferor, Transfree or the company?
2. Is FIRC compulsory?

Regards,
Megha Shah

Can anyone provide the time table for a rights issue?

Regards,
Rishi