Respected sir,

A company is incorporated on 21-11-2015, according ly the 1st AGM can be held within in 9 months of closure of its Finalcial Year which is 31-03-2016 accordingly the due date for the AGM is 31-12-2016 is my contention is correct, please suggest me sir.

Best regards,

Narasimha

A private limited company incorporated 11 years back and purchased land and shown in balance sheet then. There after there are no transactions except audit fee roc fee and miscellaneous expenses. Now the auditor says that no p&l account is required and filing only balance sheet with Roc & I T dept. He is showing the expenses as pre operative expenses in balance sheet. soliciting the correctness of the auditors opinion.

Dear Sir, We are going to file XBRL ? Our company secretary is asking for SRN for Mgt-1 but Auditor told that it is not compulsory for limited company.

REQUIREMENTS FOR FILING OF ROC RETURNS

Can a Company whether Private or Public Limited take loan from an Individual person not related to the company

pls advise time computation from date of declation of Divident to max time allowed to tfr unclaimed dividend to IEPF after 7 Yrs.

Query:
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abc pvt ltd has given some unsecured loan to xyz pvt ltd for certain benefit from xyz pvt ltd and just on account of benefit abc pvt ltd has not provided interest on unsecured loan.

Whether abc pvt ltd has violated companies act ?

What will be the worse to worst consequences against the violation of the act ?

Points to be noted:
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1) abc pvt ltd has not taken any loan from bank.

2) abc pvt ltd has taken loans from her directors and then given loan to xyz pvt ltd for her benefit and just on account of benefit abc pvt ltd has not provided interest on loan given to xyz pvt ltd.


yrs affectionately
for samnan international pvt ltd
tarique rizvi

982 1630 130

abc pvt ltd company has given some unsecured loan to xyz pvt ltd company for certain benefit from xyz pvt ltd company and on account of benefit the abc pvt ltd company has not provided interest on unsecured loan. Whether abc pvt ltd company has violated companies act

Hi Experts,

Am working in private limited where we haven given inter-company loans to subsidiary (100% holding) and charging interest not less than govt.bond rates, now i would like to check whether the inter-company loan can be given more than 60% of net worth of company?? so to calculate net worth what period I should consider is it 31st March or any point of time company should not cross 60% of net worth??. please advise.

Regards
Nagaraju

A Pvt ltd company XYZ Pvt Ltd appointed Mr A and Mr B as Additional Director on 20.12.2013.
However, in the next AGM as on 30.09.2014, the company failed to regularise those additional director as Directors and also no intimation was given in the Notice.

We still want to keep those Directors.
In this scenario, can we regularise the Additional Directors as Directors in this AGM as 30.09.2016 or should we have to file a form from the date of making them as additional directors i..e from 20.12.2013.

Pls advice.
Pls note that no information has been given in the notice.