How to check the compliances of sec. 185 & 186 of companies act 2013-Loan to directors, related & body corporate?

Whether it is sufficient if u check any loans given during the current financial year or we have to take into account of the loans already existing ?

Also please tell me how to understand the point in CARO 2016 i.e is it sufficient if no new loans are given during the current year?

Thanks in advance

Dear Experts,
Pls clarify can A pvt. Ltd company give the loan to individaul? If so what's its criteria

Regards
Manish

Hi, Two Questions
We have to check the limit (60% or 100%)
1) on Date of Board Resolution or on date of disbursement of Loan.
2) on Basis of Un-audited accounts or Audited Accounts (No where it is mentioned that it should be as per audited accounts, Normally act clearly say as per last audited results..if it intent like that)
Please give you opinion ....... with if your opinion is as on date of disbursement of loan & as per audited Accounts please give the basis for the same..
Thanks

An IT company wants to start a wholly owned foreign subsidiary in UAE through the automatic route. I want to know
1. what are the applicable laws and the provisions for this?
2. what approvals the company needs to take and the concerned authority?
3. what is the procedure to get the approvals and the required documents to be submitted for the same?

Dear All
More then 1000 persons have been holding the share of XYZ public company. Pls let me know how to maintain the record of shares & shares holders?

Thanks & Regards
Swapnil Gupta

Dear Member,

Can a Foreign Holding Company give loan to Indian Subsidiary Company?? What are the compliance associated with it??

Our Investor is a Dubai Company and due to some compliance they want to invest in Dubai Company only. So they asked us to set up a Co. in dubai and make it as a holding Company of our Indian. Co. So the Holding Dubai Company will issue preference shares to the Investor Dubai Co. and hence the fund will flow to our Indian Company.

Is it Right process or is there any other option to brings funds from Dubai and what are the Compliance??

A Private company appointed a additional director in January 2009 and missed to regularised him in AGM 2009 and till date he is showing as Additional director and also signing balance sheet and director report.

What we can do to regularise him whether we can regularise him in current AGM or we have to regularise him from 2009?

What are the consequences and what are the remedies.

In anticipation of early response.

Dear All
An individual is director in 5 pvt. Ltd. Companies however he is drawing the remuneration as follow....
1) in first company 70000/- PM
2) in second company 40000 PM
3) in third company 90000/- PM
4) in forth company 100000/- PM
5) in fifth company 300000/- PM
In all 5 companies he is drawing 6 Lakh PM remuneration.............
Query :- 1) how much maximum remuneration this director can accept from all 5 pvt. Companies?

2) in how many companies an individual can be director? Is there any ceiling limit also quote the section for the same,

Pls resolve my query No. 1 with an example if possible,

Thanks & Regards
Tanvi Agarwal

if a company give interest free loan to director & employee then in auditor report in CARO point ... should we hv te report that company does not complied with provision of section 185 & 186 respectively ??