Please explain 'Persons connected to director' as per Section 192.
Whether any non cash transaction of acquisition of Fixed Assets from an Associate Company with common director will come under Section 192.
If the said purchase is an import , where we paid Customs duty, But no consideration to the associate company, will it be counted as non cash transaction or cash transaction.
Thanks
Government Company: means any Company in which not less than 51% (fifty one per cent). of the paid-up share capital is held by:-
♠ The Central Government, or Any State Government or Governments, or Partly by the Central Government and partly by one or more State Governments, or includes a Company which is a Subsidiary Company of such a Government Company;
My query is.. one company A ltd. is a public limited which 30% stake held by state govt. directly and 10% held by government bodies and one another Government Company wants to hold 15% stake of that company.
my question is, Can a Government company can hold stake of A ltd. ??
If that govt. company will hold that stake then status of A ltd. will be called Government ??
please suggest
I have a query.. can we modify moa and aoa for change or appointment or retirement of director everytime.. ?
Who is a shadow director ? What are his duties & obligations ?
What is the benefits derived by him on being a shadow director ?
A private limited company has given loan of Rs.10,00,000/- to another private limited company on 08th Nov. 2013 ( When Section 186 of the Companies Act, 2013 was not in force) , the same is appearing in the Balance Sheet as on 31/03/2015 under advances to other.
Pl. know is there any limit for the repayment of the same or I has to qualfity MGT-7 under whether company has complied with all provisions of the law or not.
Can any body share format of Declaration to be given by director for the giving loan to company that it is from his networth.
can a company issue optionally convertible preference shares as per companies act, 2013??
urgent.
Thanks
There are 2 partners in a firm "A" and "B". now they decided to convert their firm into LLP. but "b" is not interested in continue so he want to retire. new person "C" will be partner in new LLP firm instead of "B". my question is when "B" has to retire i.e after converting to LLP or before that?. how can convert this firm without taking DIN and DSC in the name of "B"?
is there any ugc regulations regarding to the students to start a company without registration
Sir
As per companies act every company have to mention cin no on every invoice, latter head etc,.
same way llp have to do this or it is optional?
DIN no have to mention by every directors on signature of director.
same way DPIN no also have to mention n by designated partner.
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Section 192 of companies act, 2013