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
Is wife's brother included in relatives definition as per companies act?
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
can we upload a file on mca portal twice if we have not made the payment of first challan.
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.
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.
Can a Whole Time Director be appointed as CEO / CFO of other companies?
Regards,
Rishi
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
What all resolution can be paased by way of the postal ballot??
Regards
Priya
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Section 297 of the Companies Act