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.

Please someone share the procedure for condonation of delay in filing MGT-14 for change in object clause?

Thanks

Can a Practicing Company Secretary certify the annual return i.e. MGT-7 of a company where he was a Whole time company secretary one year ago?

There are two companies viz A and B. All the directors of the A company is also directors in the B company except 1 director and A company holds 47 % shares of B company. So, is A company is holding company of B company ?

Dear All
Plz let me know weather A director is employee of company or agent as per companies act. 2013 what is the definition of directors,

Regards
Mukul Shah

I UPLOADED INC-29 AND IT WAS MARKED AS RESUBMISSION FOR FOLLOWING REASON
A) ATTACH THE LIST OF GROUP OF COMPANIES.

MY COMPANY NAME IS : -XXXX GROUP PRIVATE LIMITED ( I AM NOT REVEALING THE NAME THATS WHY SHOWN AS XXXX)

REALLY THIS ONE IS A HOLDING COMPANY , BUT THE SUBSIDRIES ARE NOT FORMED. PLEASE HELP

I have submitted INC-7. Now RoC, Pune marked as Sent for re-submission

My query is RoC marked INC-9 for sending details of the stamp vendor

As it is adhesive stamp which was cancelled by putting initials on it and duly notarized. Now also details of the vendor required

Please Guide

Can a private company take loans or unsecured loans or deposits from HUF whose karta is a shareholder of a co. If yes than what are the compliance procedures. Do we need to file any forms with the ROC for the same?