Can a Private limited company can give loan to its Director or his Proprietorship Firm. Paid Up Capital 28 Lakhs, Reserve & Surplus (Premium) 248 lakh, Willing to Provide loan of 100 Lakh to its Director or his proprietorship firm for 1 year period

Sir/Madam,

I want to ask that where the shares of existing auhorised share capital is fully alloted and after filing form 5 for increase in authorised share capital can we immediately fill form 2 for further share allotment in a pvt. ltd. company?
If no technically what problem will come in our way??? Plese reply!!!!

to acquire din , director of a company or person proposed to be a director of a company has to file din 1 at present only,

but previouly one should have to file din 2, 3, 4, respectively . my que. is that is this also any requirement of filing din form 2,3,& 4?

urgent
plz, reply .

What will be the consequences if the AGM is held after the due date ( after 6 months from the date of Balance Sheet) but without obtaining the aproval of ROC ?

Dear All,

I have two queries:

1. If a nbfc pvt ltd is merged into non Nbfc listed company
what will be the status of non nbfc company, will it automatically become nbfc company

2. can a nbfc company be demerged into two nbfc companies

Waiting for quick reply from experts

thanks

Loveleen Gupta

Dear sir,
My client is a Pvt. Ltd. Co. having 5 share holders, out of which 2 are whole time directors. Now they want to appoint one more director to the co. (other than existing members. My queries are :
1) whether this time, i. e. in the month of March 2010 can a new director can be appointed if yes what all points to be taken care of generally.
2) Specific query is ; whether can he be appointed as a director, in this month & the shares that a director has to subsricbe, can be made at a later date, i.e. after the AGM i. e. more than 6 months after his appointment?
3) in my question No. 2, if the shares has to be subscribed then does he eligible for any dividend declared for the F. Y.2009-10, which is to be declared in the month of Sept, 2010 A.G. M.?
please clarify my queries at the earliest.
Thanks in advance.

can a private limited company issue unsecured debentures to its shareholders, the amount exceeds 10% of its paid up capital and reserves?
If it can, whether the cap of 12.5% interest is applicable on the debentures so issued?

In a private limited company a person is among the first Directors of the company with his name appearing in MOA & AOA. His equity in the company increases gradually in the company say upto 8% from 2% (in MOA & AOA). Does the equity hold by the Director falls under ESOPs? Now if the Director is removed from the company then how can shares to be taken back from him? What if he shows willingness to sell the shares but rest of the shareholders are not interested in purchasing his shares?

Respected experts,
One of the director is going to retire by 10th March 2010. Can form no. 32 be filled before 10th March or not?

Is there any other time limit to file the same or not?

What is procedure for registration of trade mark.