WE HAVE INCORPORATED A PRODUCER CO. ON 13TH NOV.SO ACCORDINGLY FIRST BOD MEETING SHOULD HAVE BEEN HELD BEFORE 13TH DECEMBER. BUT DUE TO SOME REASONS, THE BOD MEETING WAS HELD ON 28TH DECEMBER.WILL IT LEAD TO NON COMPLIANCE.WHAT ARE THE CONSEQUENCES OF SUCH NON COMPLIANCE

Section 196 contains separate set of disqualifications for MD/WTD Does that mean that Section 164 is not applicable to MD/WTD? For eg even if a person is of unsound mind ( as contained in 164) he can still be a MD under sec 196

Dear SIr/Madam,

Can someone please tell me that if suppose a Company has not filed the annual returns on MCA for a particular year, can that Company file it's annual returns for the next year without filing the annual returns of the previous years.

Expecting the reply at the earliest.

Thanks,
Ramachandra Bhakta.

can Pt ltd co take a loan from any individuals unsecured? ( non share holder) paying interest & repayment of loan part monthly basis. limit to such amt? any procedure of ROC?

Section 189 of the Act says that particulars of contract under section 188 need to be entered in the register.

But Section 188 doesnt apply to transactions which are in ordinary course of business and are at ALP. So does that mean Section 189 would also not apply to those transactions??

what is the role of securities market in economic growth???

Dear Sir/Madame,
Please clarify me regarding the following points for a private limited company.

1. Does Managerial Remuneration given to Directors covers under related party transaction
2. Salary paid to relatives of a Director is a related party transaction or not.
3.As per the provisions the interested directors can not vote on meetings where the decisions are taken regarding the contracts where such directors are interested. If all the directors are interested parties to the contract how the contract will be entered and decisions regarding it will be taken.? If it is a public company what is the procedure.

sir,
what are the restrictions when a NRI tries to transfer funds to indian company?

Can someone explain the difference between the two points:

(d) If the director intends to participate through video conferencing or other audio visual means, he shall give prior intimation to that effect sufficiently in advance so that company is able to make suitable arrangements in this behalf.

(e) The director, who desire, to participate may intimate his intention of participation through the electronic mode at the beginning of the calendar year and such declaration shall be valid for one calendar year.

First it says inform in advance then it says at the beginning of the year. Why?

MCA vide notification dated 15 September, 2015 has amended the Companies (Acceptance of Deposits) Rules 2014.
As per this notification, the acceptance of deposits from relatives of Directors has been exempted for Private Ltd. Companies. So what will be the consequences if the deposits from relatives of Directors have been accepted before 15 September, 2015?