Mahesh kumar

Dear Experts,

Can anyone properly interpret the below definition.

A transaction with a related party shall be considered material if
the transaction(s) to be entered into individually or taken together with
previous transactions during a financial year, exceeds ten percent of the
annual consolidated turnover of the listed entity as per the last audited
financial statements of the listed entity.

As per New guidelines we have to inform regarding Material RPT, so am confused whether that definition will be read with regard to a transaction or a related party.


DUSMANTA BARICK
12 January 2016 at 10:05

Loan from directors-section 8 company

Dear experts,

Can the Directors of a Section 8 Company having paid up capital of Rs 2 crores give interest free loan to the Company? if yes then what are the compliances required for the same.

Please reply.


anjaneyulu challa
11 January 2016 at 20:50

Section 2(11) of companies act, 2013

Whether a Registered Trust is a Body Corporate ?


Aswathy.
11 January 2016 at 16:25

Incorporation and stamp duty

Sir,
After uploading and payment of fee for INC-7 and DIR-12, I tried several times for stamp duty payment.No such option was available. The authorised share capital of the company is Rs.100000 and ROC Kerala. I opted for e-payment of stamp duty in the form INC-7.


Varun Gupta
11 January 2016 at 12:23

Sec-2 (68) of the companies act, 2013

Can a Private limited company appoint its shareholders or members under its employment??
And if it is possible, then do this have an impact on the counting of number of members, i.e, whether the number of members of the company will be reduced if the above members/Shareholders comes under company employment?



Anonymous

Can a Public Company be a subsidiary of a Private Limited Company?

And with regard to this can that private company will be regarded as public company??


Niraj Bista
11 January 2016 at 11:28

Section 152, 163, 161(4)

Dear, Experts

Please clarify these provisions of companies act 2013, and whether these are applicable to private company.

please explain the provision of section 163 and its reference to 161(4), because it is creating a lot of misunderstanding on me.



Anonymous
11 January 2016 at 11:16

Shareholders agreement resolution

I want to alter AOA through adoption of Table F. I also want to include a clause in AOA for allotment of shares through shareholders Agreement? Do I pass a single resolution for both the cases or seperate? Also can anyone provide me with resolution for alteration of AOA & resolution for allotment of shares through shareholders Agreement?


Bhairava
11 January 2016 at 08:47

Company matter

hello respected experts, my brother bought a old private company in Hyderabad(Telangana) and changed its name from "prasidh it services private limited" to "logic Grid software solutions pvt ltd". so head office is hyderabad and they started branch in Vijayawada (Andhra pradesh) with out taking any permission from any authority in vijayawada. And they are not running the main branch at Hyderabad.. so please give me a clear clarification on the above issue..


Mahavir Garg

Please suggest how can we appoint regular Director in Private company. Also provide resolution format. urgent






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