Praveen
27 November 2007 at 12:56

change of company name - reg.

Hi,

Our company name is changed. can anybody tell me how many days i have to mention "formerly ----- " in our company documents and in which act/rules i can get the provisions regarding the same.

Regards,
Praveen Kumar.T


Prateek Biyani
22 November 2007 at 16:13

net worth of a company

What do you mean by 'net worth of a company' ? Is it includes only equity share capital or preference share capital also.


Hitendra K. Agrawal
21 November 2007 at 11:38

Poll & Postal ballot

Please Give me the entire concept of vote by poll & postal ballot.


Hitendra K. Agrawal
21 November 2007 at 10:54

Issues on stock & shares

1)Difference between SHARE AND STOCK with example.
2)Concept of REDHERRING prospectus.
3)Concept of SHELF prospectus.
4)Concept of ABRIDGED PROSPECTUS
5)GREEN SHARE OPTION -in issue of share .
6)Concept of PRICE BAND.


Gaurav Dhingra

We are a India based company having a subsidiary in Japan and we wish to enter into certain transactios with this subisidiary. Do we need to get into central government approval for this transaction as subsidiary is a foreig company?


Anubha
20 November 2007 at 10:57

Nominee Director

Can a nominee director be appointed as a managing director of the Company? If yes, than he must be in the employement with the company, after that what happens to his status with the company vis a vis with the instiution which has nominated him on the Board of Company?


Veerappan
20 November 2007 at 07:20

Disclosure in Schedule VI

Hello

It is private limited company. The company has obtained a short term loan from a nationalized bank. The bank has extended this facility to the company for financing the farmers who will be supplying raw materials to the company. The primary security is the hypothecation of receivables of farmers from the company. The company has given corporate guarantee which is collateral security. In addition to collateral security the company has given pronote for the loan sanctioned to the farmers. The fact is that the bank has given the loan on the strength of the credit worthiness of the company for its working capital. What the bank gains is that by terming the loan as “financing to farmers”, the loan will be classified by the bank as loan to “Priority Sector”. The loan was released in the name of the company and the company has utilized the funds for its own use.

Is it a secured loan or unsecured loan or current liability?

Kindly advice how to disclose the outstanding in the Balance Sheet of the Company when the balance sheet is prepared in accordance with Schedule VI of the Companies Act.

V.Veerappan


RItu
19 November 2007 at 16:00

company secretary

is there any circular in 2005/2004 which gies exemption to companies from hiring company secretaryd, on any pretext???

On what basis can a company claim that it need not appoint a company secretary even though share capital is more than 2 crores and is a limited co


CA Vikram Bohra
17 November 2007 at 19:39

form 1A- Name approval

hi friend

i have filed form 1a - name approval forf the of the concern. the form is also approved by the roc.
the problem is i have entered the address wrongly ???

now wat to do ???????


Prakash
17 November 2007 at 16:03

Director Identification Number

Hello,
I have done applicaton for DIN and which is also alloted to the director's of Client company. what shall be the further procedure for filling of form2 and form3? Is digital Signature required for that? how it works?





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