370 1B (v) if one or more directors of the one body corporate while holding, whether by themselves or together with their relatives, the majority of shares in that body corporate also hold, whether by themselves or together with their relatives, the majority of shares in the other body corporate

if the directors holding shares in a co and tht company is a share holder in a body corproate it will b applicable or not?

Pl comment. Its urgent

Hi,
When i was doing statutory audit, i observed that, the share cap & reserves were totally eroded by the brought f/w & currenty year losses in the balance sheet. My queries are;
a) Is the statutory auditor required to qualify the report?
b) Is there any other statutory implications on this balance sheet?

Kindly reply soon....
Ram

whether any link of authorised caital requirement with the main object of the company.

As per Section 383A(1) of Companies Act,company having a paid-up share capital of rupees twenty five lakhs or more is required to hv a whole time company secretary.
Does it mean the company should hv CS for full year or evn for part of the year is valid.

UNDER WHICH SECTION OF COMPANIES ACT BLANKET RESOLUTION PASSED IS INVALID?

Whenever foreign co set up Project Office in India, it has to register itself with RoC and obtain Certificate of Establishment. What if the same foreign co sets up another Project Office? Does foreign co has to obtain fresh Certificate of Establishment or make amendments to the existing one? Which form is to be used for this purpose? Thanks

A COMPANY PURCHASED A LAND IN A STATE OTHER THAN THE STATE IN WHICH COMPANY IS REGISTERED FOR INSTALLATION MANUFACTURING PLANT, DUE TO RECESSION COMPANY CANCELLED ITS PLAN AND NOW WANTS TO SPLIT THE COMPANY INTO 2 PARTS, WHETHER DEMERGER IS SUGGESTED IN TNIS CASE IF SO WHAT IS THE PROCESS OF DEMERGER

1)Special provision for Unlisted Public Companies.?
2)Sections where they are very different from Private Companies?
3)Special Compliances?

Hello friends,

Can anybody tell me

whether a unlisted public limited co. can accept unsecured loans from its directors and members ?

Plz tell me the section also.

I know that sec. 58 A is applicable as well as the Companies (Acceptance of Deposits) Rules, 1975 is applicable, but i m not clear what sub clause ix of rule 2 says.

Is it exempting directors, relatives or members of private co. only or of any co.

Plz reply as fast as u can.

Thanks

Respected Sir,

I would like to know the procedure to remove the director of a Private Limited Company along with the necessary format of Notices and Resolutions.

Thanking you in anticipation.