Please let me know the latest position applicable for the FY2016-17 and onward regarding the restriction on loans given by a pvt limited company to its sister concern (which is a Pvt.ltd company or partnership firm or prop.ship firm.).?

CAchaitanya

If there is no turnover or very less turnover in a private limited company then it can give remuneration to its directors or not.

Egm was held on 24 th Jan for increasing authorised capital , And the form sh 7 was filed yesterday 11th February. Can I start the process of share issue from 25 th Jan or do I need to start after receiving approval letter from Mca for the form SH7. Because as per the description of Form SH7 - It is a notice to roc for increase in share capital. Thanks in advance.

Dear Friends
I have recently found that my name is appearing as Director in of the company where I was once an employee before 5-6 years. I have never given my consent nor signed any document for appointment.

What is the possible action which I can take to safe guard myself from any future fraud which may happen.

Thanks in Advance.

public co. was having reg. ofc in Mumbai and Corporate ofc in Kolkata.
Now the co. has shifted its registered ofc from mumbai to kolkata at some other address i.e.not at the address of corporate ofc situated in kolkata.

Now the Company is having both registered ofc and Corporate ofc at kolkata but at different address. Now the company wants to remove its corporate ofc. what are the procedures for the same

Dear sir,

I have a query regarding name change of a company.
If the Company changes its name in current financial year,whether annual accounts filed by company will be filed under new name or old name .Reply awaited.

I would like to understand Right Issue by a listed company under Companies Act 2013 with a step-by-step timeline for right issue including newspaper advertisement, opening of separate bank account with ASBA facility etc.

For law,I have practice manual of January 2016 edition... can I refer the same for may 2017 exams or do I need to buy january 2017 edition Also pls clarify the same w.r.t financial reporting, sfm and audit...for all I have january 2016 edition

A Public Limited company spent expenditure on CSR under – “Ensuring Environmental Sustainability” and procures plant & machinery for Waste Paper re cycling unit and use the same.
Under IND AS, how the accounting is done for the same, the useful life of the plant in more than one reporting period. Is it comes under Fixed Assets (According to IND AS) or charge to Profit & Loss Account for that period ?

sir what differentiates funding through private placement u/s 42 and preferential allotment u/s 62 (1)(c).