Company X a Public LTD Company has given advance of Rs.6000000 to a private limited company (Co.Y). And the same was refunded. No contract copy was provided. Henceforth we didn’t know terms & Conditions of contract. Would above transaction covered under any provision of the company’s act? Please explain us.

Question: - Co. X. a Public limited company entered into a contract for purchasing 25 flats with private limited company (Co.Y) having two common directors in between these two cos. Against above contract Co. X had given advance of Rs. 7500000/- to Co. Y. Would above transaction covered under any provision of the company’s act? Please explain us.

Dear ALl,
I have an important query .

If we redeem a compulsorily convertible preference shares (in to equity) ,.because of mututal adjustment with the Prefernce shareholder is it contravantion of companies Act..(the issuing company is pure private limited company)..

Responses are solicited urgently....

Dear ALl,
I have an important query .

If we redeem a compulsorily convertible preference shares (in to equity) ,.because of mututal adjustment with the Prefernce shareholder is it contravantion of companies Act..(the issuing company is pure private limited company)..

Responses are solicited urgently....

Dear ALl,
I have an important query .

If we redeem a compulsorily convertible preference shares (in to equity) ,.because of mututal adjustment with the Prefernce shareholder is it contravantion of companies Act..(the issuing company is pure private limited company)..

Responses are solicited urgently....

What are the next formality after floating a company.. i mean the next instant ones???

I have recently floated a company.. intially i used to receive the revenue of my business in the name of two of my family members.. and since i hve entered into a long term contract with the concerned ppl i would still receive the revenue in the name of my family members only .. but i want to show the revenue in the company how can i do it????

I GOT THE NAME APPROVAL FOR REGD. OFFICE IN HARYANA. (INCORPORATION IS PENDING)

QUERY :- WHETHER I CAN INCORPORATE THE CO. IN THE ANOTHER STATE (RAJASTHAN) UNDER THE SAME NAME AS APPROVED IN HARYANA.? PLEASE PROVIDE THE DETAILS, IF ANY AFFIDAVIT IS TO BE FILED PLEASE PROVIDE SAME

THANKS

sir would like to know in case of consortium arrangement of working capital limits, do banks exchange pari passu letters every year of renewal,as customary or only if there is a change in the security or increase in limits other than change in interest rates, these letters are exchanged between banks

kindly let me know

What is the prescribed amount U/S217(2A)(i) and U/S217(2A)(ii)
THANKS