if a company takes over a proprietorship firm and issue share to such proprietor in consideration of same. now it is a matter of issue of shares other than cash.
my question is mere filling of PAS-3 with the attachment of contract paper of takeover and valuation report fulfill the requirement of law. or we have to follow separate provision of issue of shares....

(1) Can a private limited company accept loan from its directors. relatives of directors, friends of directors ?

(2) If yes, can company borrow money in excess of its paid up capital and reserves ?

(3) Any resolution required to be filed with ROC for acceptance of loan?

I am converting a proprietorship concern into a pvt ltd company. Capital of proprietor is Rs.45 lac. is it possible that I keep the capital of the company at Rs 1 lac and Security premium of rs 44 lac. or there is better alternative?

Dear Experts,
Can someone let me know what A company
has to do if the company cover csr,

Regard
Amol singh

1)what is the process to sell the equity shares of private co. held as investments by a private company?
2) is there any way to reduce the capital gain tax?

Please guide

RESPECTED SIR,
A PRIVATE LIMITED COMPANY RECEIVED A CHEQUE ON 28.03.2016 FROM MR. A FOR ALLOTMENT OF SHARES. BUT DUE TO OVERSIGHT THE CHEQUE COULD NOT BE DEPOSITED IN BANK SHARE APPLICATION MONEY ACCOUNT ON 28.03.2016.
THE CHEQUE IS DEPOSITED IN BANK ACCOUNT ON 22.04.2016 AND CLEARED ON THE SAME DAY.
SIR, CAN THE COMPANY ALLOT SHARES IN THE NAME OF MR. A AS ON 31.03.2016
SIR PLEASE GUIDE ME BECAUSE I AM TOO MUCH CONFUSED
WITH REGARDS

Dear Sir,

Whether is it possible to file increase in authorised capital form and allotment of shares form back dated and same dated ???

What is effective date ?? Date of approval by ROC OR Date on which shares alloted or increase in share capital

Thanking You.

Iam unable to update DSC in mca.gov.in . Kindly tell me the steps to update also Iam unable to select Certificate so I need to know what is the system requirement to select the same.

Querry :
1) What is the maximum amount of managerial remuneration payable to a director of Private limited company.

2) What is the maximum amount of commission remuneration payable to a director of Private limited company

can any 1 reply to the above subject

Dear Experts, Kindly clarify the following doubts in company law. 1. The Articles of association of a company provide that dividend can be declared at an Extraordinary general meeting. Whether it is valid? 2. Can a person be appointed as Managing director of more than one Company? 3. Can a MD of a company be a Manager of another company also? 4. Whether the following is correct? Foreign company has opened an office for operating bank accounts in India. Hence, it is supposed to carry on business in India