banner_ad

Naveen.N
19 January 2010 at 18:14

object clause of investment company

dear sir,

Kindly provide me main object clause of investment company , insurance advisor, management consultancy, real state developer,


AMIT KUMAR
19 January 2010 at 12:28

CANCELLATION OF DIN

SIR,
WHETHER ISSUED DIN TO ANY PERSON BE SURRENDERED OR CANCELLED, IF THERE IS ANY PROCESS OF CANCELLATION OF ISSUED DIN, PLEASE TELL BRIEFLY.

THANKS


Arvind S
19 January 2010 at 12:24

Formation of a 100% subsidiary company

Dear All,

I wanted to know whether there are any special provisions in the company law for forming a subsidiary company.

Also i wanted to know whether any provisions are there for transferring business by forming a subsidiary company.

Awaiting your replies at the earliest.

Arvind.S


CA Ysil Karunai
19 January 2010 at 10:42

Registration of Charges

consider the below example:
A Ltd having Fixed Deposit in a Bank worth Rs. 10,00,000/- and Shown under Current Assets in the Balance sheet.
Subsequently, A Ltd taken a loan of Rs. 2,00,000/- against this security of Deposit and the banker has created a lien.
Query:
1. whether loan taken against this deposit should be registered with ROC u/s 125?
2. if yes, what is the procedure? and what is the consquences of non-registration of charges?



Anonymous
18 January 2010 at 21:39

query

Hi everyone

Will anyone please let me know that can board meeting be conducted on the day on which company is taking loan from its directors.If yes then can anyone please provide me with the format of resolution borrowing unsecured loan from its directors please.



Anonymous
18 January 2010 at 17:43

Unsecured Loan

Is there any restriction on a private limited company to take unsecured loan from a person other than director or shareholder?



Anonymous
18 January 2010 at 17:34

Share Application Money

Is it necessary for a private limited company to keep the share application money in a separate bank account?


Arijit Bhattacharjee
18 January 2010 at 13:23

Share Application Money

In Case of public Co there are explicit guidelines for application & refunding of application money, but expect few "if's & but" in FEMA/RBI guidelines the laws are literally silent regarding treatment of the same in case of a private co.As such i have observed audited Balance sheets(Pvt Co) wherein "application money(pending Allotment)" appears as a multiple or times of the paid up capital even at times surpassing the authorized capital.
Honorable Experts,Plz Clarify the following in parlance of the aforementioned observations:

1)How can a Pvt Co have excess Share application money since there is no question of Over subscription.
2)Share application money is a part of prospective share capital yet to be alloted then should'nt it be locked up in special account without any mis-utilization?
3)The comments of the auditors concerned spells that(verbal explanation)it is the owners fund used temporarily for financing the working capital which may be withdrawn again.If this is true then is'nt the concept of corporate veil invoked(one man business)?

Please provide me your most valuable comments.
Sincerely thanking you all in advance.


KSL
18 January 2010 at 13:22

Redemption of pref shares


can preference shares be redeemed at a discount? if so, what is the procedure to be followed u/the co.s Act?



Anonymous
18 January 2010 at 13:12

Related to Appointment of Director

Can a Person Be appointed as A Director of the company without having DIN






CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news



Answer Query

Company
Featured 14 April 2026
GST CONSULTANT

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 28 March 2026
Accountant

Ashok Amol & Associates

New Delhi

B.Com

View Details
Company
Featured 13 April 2026
GST CONSULTANCY

Abhishek G Agrawal & Co.

Korba

CA Final

View Details
Company
Featured 29 April 2026
Manager- Finance and Compliance

Naveen Fintech Pvt Ltd

Kolkata

CA Inter

View Details
Company
Featured 02 May 2026
Senior Executive

hitesh chandwani & co

Pune

B.Com

View Details
Company
Featured 28 March 2026
CA Final

Ashok Amol & Associates

New Delhi

CA Final

View Details