A company is falling under exception to section 185 of companies act 2013 but now after 2 months the company needs to violate the condition which is making its debt equity ratio more than 2:1. So is there any time limit for rectifying?
Dear All,
We are in process of drafting AOA &
MOA for A pvt. Ltd. Companies as the sec 197 of companies act. Is not applicable to pvt. Company. In this scenario can we put the clause of Directors remuneration in AOA as much as the directors want. However directors seeking the remuneration of 3 Lakh PM,
Thanx & Redgs,
dear experts. please clarify wethers an indian company can invest in a foreign company ?? if yes what are the limits for transferring the same. does it require a prior RBI approval ??. your reply shall be helpful
In a LLP there are two Partners. Now, they both want to resign and want to admit new Partners in place of them. Can the existing partners resign together thereby appointing new partners and constructing a Supplementary Deed to the Previous Agreement? Yes or no
If No, then I will resign one of the existing Partners and appoint 2 new partners and make a Supplementary Agreement. And File form 3 and 4 LLP.
After that I will resign the ohter existing partner who wanted to resign and again make a new agreement for retirement of partner and file form 3 and 4 llp.
Please tell me...
A private limited company is giving rent to its Directors Rs.1,50,000/- per month . ( No proer Rent Agreement was executed ) A company is profit making and having turnover exceeding Rs. 2 Crores.
Whether this transaction is related party and if yes there are only two directors husband and wife what will be solution.
If a private company receives Share Application money and has neither allotted shares nor refunded back the Application Money for a period of 3 years.
1)Does it have to bear any penalties under CA Act 1956 or CA Act 2013?
2) Can it proceed with allotment of shares now by any method i.e. Private placement or Preferential Allotment or would it have return the money back with Interest?
XYZ Pvt Ltd wants to incorporate a new company with other 3 individuals.
Now please tell me;
1) Who will sign on behalf of XYZ Pvt Ltd, MOA & AOA of the new company?
2) What should be written in the subscribers page on behalf of the XYZ PVT Ltd.?
3) If possible provide a format of authorization letter of XYZ Pvt Ltd for signing necessary papers of New Company.
Thanks
can any one tell me what is the fee for increment of authorised capital from 1 lakhs to 5 lakhs
Meaning of any person excising the power of the board or the company in the general meeting. Also give an example
Hi,
Am a Managing director of a startup company. Company is not active for more than 10 months due to fund shortage. Total 2 directors including me. And 7 share holders( including we two). Each shareholders have 7-13% maximum. No one have majority. Due to politics company work stopd and am not able to take it forward.
Kindly give me a solution to resign and go out of this firm as soon as.
Pla Note : conducting board meeting or General body is impossible in situation
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section 185 of comoanies act 2013