The private limited co. has taken a loan or Rs. 8 crores. And given a charge over assets.
Now, the company is not owner of some assets which are mortgage with the bank. so the co. has taken release of charges related to sold assets.
Is there any compliance to be done with ROC regarding this??
The loan remains to continue with remaining assets.
Whether i have to file Form no. 8 to ROC.

Whether charge to be created (form 8)for every hire purchase by the company.
Eg.if a company purchase car of rs 5 lacs under hire purchase agreement whether charge is to created for the same

Regards

Please explain Section 80A regarding the issue and redemption of irredeemable preference shares?

Also explain the period allowed for its redemption,
if such shares exist before the date of amendment made on 15-06-1988 and after the date of amendment.

in case of registration of company if after submission of online forms 1, 18 & 32 with requisite attachments, R.O.C directs to resubmit MOA with changes whether a fresh PDF of the corrected MOA to be submitted or the Scanned copy of the Orignal MOA with changes as required made manually on it converted in to pdf & filed with form 1 as resubmission?

Thank you

Hi...

I would like to know what would be teh difference between Pvt Ltd Co and Ltd Co ( Closely Limited Co and not public limited ) in terms of company formation including no of directors, no of shareholders, minimum capital, etc.

E.g. ABC PVT LTD
ABC LTD ( Closely Limited )

Kindly suggest the options asap

Thanks,
Prashant Sawant

can anyone tell me is there any need to stamp MOA and AOA physically even after payment of applicable estamp duties during formation of PVT LTD company

HI Frienz,

Whenever i am filing my form 20b its exceeding the size limit as per mca requirments.what options do i have further.

In accordance with Companies (Issue of Share Certificate) Rules, if the Company affixes facsimile signatures of Directors on certificates , is it necessary that the Directors whose facsimile signatures have been affixed should be personally present at the share issue meeting. If the quorum is present on account of presence of other Directors, can we issue the said certificate

AN INDIVIDUAL HAS ENTERED INTO A JOINT VENTURE WITH A PRIVATE LIMITED COMPANY TO CONSTRUCT A RESIDENTIAL APARTMENT. INDIVIDUAL WILL PROVIDE LAND AS HIS CONTRIBUTION AND THE COMPANY WILL CONSTRUCT THE BUILDING. THE PROFIT SHARING RATIO IS 35 % INDIVIDUAL AND 65% COMPANY. THE INDIVIDUAL, WHO STAYS ABROAD GIVES POWER OF ATTORNEY TO HIS SISTER TO LOOK AFTER THE PROJECT. INDIVIDUAL IS ALSO A SHAREHOLDER(7.5%) IN THAT COMPANY.

THE QUESTION IS WHETHER THE INDIVIDUAL OR HIS SISTER CAN BECOME DIRECTOR IN THAT COMPANY? IS THEIR ANY CONTRAVENTION AS PER IT ACT OR COMPANY LAW?

i)comparison between unlisted pubic company and private company?
ii)rules and regulation for unlisted public company?