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Sunil Kr. Sanganeria
12 October 2010 at 12:26

Section 297 of the Companies Act

A Private Limited Company wants to gie loan to an Individual who holds 9.5 % shares in Company. That Individual is not a director of the Company but his father is director of that Company.

I want to know whether loan given by a Private Limited Company to an Individual who is shareholder of the Company attracts section 297 of the Companies Act.

Please clarify



Anonymous
11 October 2010 at 23:51

Relative

Is wife's brother included in relatives definition as per companies act?


C.A. LINESH PATIL
11 October 2010 at 22:00

audit committee

there are two audit committee,one under company law and second corporate governance as required under listing agreement of clause 49.
and both have different provisions regarding formation & other matters.
in practical which prevails.

thanks in advance


pankaj
11 October 2010 at 20:02

Annual returns

can we upload a file on mca portal twice if we have not made the payment of first challan.


Rajee
11 October 2010 at 17:17

Investment by NRI

A NRI wants to invest in a company (business being paper industry)and a firm (business being quarry) in India. How can the company or the firm avail the funds from NRI? kindly suggest the ways to obtain the funds under FEMA.


Rajee
11 October 2010 at 17:11

Foreign currency convertible bonds

Can a private limted company issue FCCBs through private placement to one of its foreign eqiuty shareholder holing 10% of its shares? If so kindly suggest me the procedure.
or
Only listed cos are allowed to issue FCCBs?

kinldy clarify.


Rishi Vyas
11 October 2010 at 16:38

WTD

Can a Whole Time Director be appointed as CEO / CFO of other companies?

Regards,
Rishi


Priya Sharma
11 October 2010 at 16:27

URGENT POA

What is the difference between a Power of Attorney and a resolution??

For some puopose we have been asked to provide a Power of Attorney authoprising our CS to sign and execute the documents.Will it be fine if we give thenm a resolution??

Will it make any difference if we give resolution instead of Power of Attoprney.?



Regards



Priya


Krati
11 October 2010 at 15:14

First BM

How to conduct 1st BM of the Company if one of the Directors is out of India. Total Director are 2 and case is of private company.

Please tell its urgent.


Priya Sharma
11 October 2010 at 13:12

Passsing of resolution by postal ballot

What all resolution can be paased by way of the postal ballot??


Regards

Priya






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