Aswathy.
13 February 2016 at 13:11

Mgt-14

Sir,
1.Authorised share capital increased from 1 lakh to 5 cr on 05/01/2016
2.Authorised share capital increased from 5crore to 10crore on 10/01/2016
of the company. Can we file MGT-14 in a single Form ? If yes pls tel me how to provide details regarding date of dispatch of notice and and date of passing of resolution .



Anonymous
13 February 2016 at 11:50

Loan from frds (pvt ltd)

ONE OF MY CLINT HAVING PVT LTD COMPANY, AND HAS COMPANY REQUIRED TO 1 CRORE RS TO COMPLIT HAS PROJECT.

NOW HAS ONE OF THE US BASAD FRD(NOT RELATIVE) READY TO GIVE 1 CRORE RS TO COMPANY.

SO MY QUARRY IS..

1) HOW COMPANY CAN GET THIS AMOUNT ??
2)HAS FRD REQUIRED TO BECOME SHAREHOLDER BEFORE GIVING MONEY TO COMPANY??
3)WHAT IS PROCEDURE TO GET THIS MONEY IN COMPANY??

PLZZ REPLY...VERY URGENT



CMA Sachin Warat
13 February 2016 at 11:21

Section 185 under companies act, 2013

Dear Sir,

MCA has exempted private companies from compliance with provisions of section 185 of Companies Act, 2013. Subject to fulfilment of three conditions :

1) no body should be member of a private company

2) the "borrowings" of such private company should not exceed twice of its paid up capital or 50 Crore whichever is lower,

3) private company should not make any default in repayment of loans.

Whether in condition no. 2 above the word "borrowings" means total borrowing including term loans and working capital or only term loan ????

Kindly give clarification on this points.

Regards,
Sachin





Rakesh Jain

Hi Expert,

Please define with examples that what is beneficial interest and registered owner... under companies act 2013


Akash
12 February 2016 at 14:48

Inc 1

I have file INC 1. 3 days almost gone and status showing "pending for action". any time limit for approval of INC 1 from central Registration centre?


Ankur
12 February 2016 at 14:32

Adt-1

if we file Form GNL-2 in F.Y. 2014-15 for auditor appointment(5yr.). and because of filling of Form GNL-2 in F.Y. 2014-15 we have not any liability to File form ADT-1 for 15-16. And for filling annual return in 14-15 we file SRN No. of Form GNL-2 in Form AOC-4 . But when we do filling for 15-16 then whether we do same treatment or not in form AOC-4


Tapan Kumar

Dear Professionals,
Greetings...!!!
The status of our company has been changed from public company to private ltd. with necessary approval of Mumbai ROC, now we have certain confusion regarding the intimation of the same to the banks, because we have issued many PDC cheques and we have also going to receive cheques from a large number of clients, and if we intimate and update the bank account name then what will be the consequencies of those Post dated cheques and it is also so difficult to intimate all clients and debtors to issue cheques in the new name. Please guide us regarding this


MOHAN
11 February 2016 at 19:27

Borrowing from llp

whether a private limited company can borrow funds from LLP? or is there any exemption to private limited company in section 73 of deposits rules.Plz urgent to be clarify


Avinash Kumar
11 February 2016 at 17:25

Company formation

I had been working in Finance for about 25 years and have recently started on my own. Wish to learn Company formation myself first before offering this service to clients.

I know that a lot of info is available on the net, but that does not help when you actually try it out. Looking for guidance from experienced people on how to go about it or where / how can I find somebody for this help. If needed am willing to pay for the help.

This sounds odd, but life takes queer turns.



Anonymous
11 February 2016 at 17:13

Conversion of private company into opc

Dear Professional colleagues,

When Private company wants to convert itself into OPC then share holder should be a one person only. My query is what is the documentation/compliance required to be done for doing the same. Either transfer it or only filing of Form INC-6 is sufficient?

Thanks in anticipation





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