venkat ayinala
29 December 2015 at 18:00

Related party transaction

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.



Anonymous
29 December 2015 at 14:06

Restriction on fund transfer

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


Naveen Jain
29 December 2015 at 11:59

Meeting through video conferencing doubt

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?


Pranay Shah

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?


Ankit Singhal
29 December 2015 at 09:18

Csr queries

Once we fall in ambit of sec 135; and for fulfill the CSR obligations we build a hospital. how this hospital will be shown in books? And further in the future years if the company do not fall in ambit of 135; then how will hospital running expenses will be booked?


Siddharth
29 December 2015 at 01:06

Java version for dsc update

Dear experts plz let me know which version of internet explorer n java to use for updating Dsc on mca 21 I have tries many permutations combination but its not working



Anonymous
28 December 2015 at 17:40

Change of shareholding entity form

Company had three promoters/members, which were three different companies. One of them has transformed itself to a LLP vide court's order.

Now, we have to make changes in the shareholding registers accordingly. Since the entity has changed, would this amount as 'transfer' of shares ? Will we be required to issue new share certificates for this ??


Anita sinha
28 December 2015 at 16:40

Resubmission of llp-3

Hi Experts,
I have submitted LLP agreement in Nov 15. Now received a mail from MCA office that the application has been examined and marked as Sent for Re-submission with the following remarks: "capital contribution not mentioned in the inital agreement".
I had mentioned the capital contribution amount in LLP-3, so did not mentioned in agreement, Now please suggest me the complete process of submitting the LLP agreement in re submission.

Thanks in Advance


"


Kumaresan Grad CWA

Can a private limited company invest in fixed deposit in the name of their Managing Director / Director??


ashwani gupta
28 December 2015 at 14:00

About form msc-1

can be msc-1file without dsc?






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