CA Shruti kuchhal
26 December 2015 at 12:18

Validity of resolutions passed in 2010

Dear All,

A Company has passed a resolution in the year 2010 authorizing the Managing Director with the substantial powers of Management, administrative functions.
Since, the list of the shareholders includes the company incorporated in Australia and they have a stake in the company.

Now, the company is got the sanction of Loan from Bank which together with existing loans exceeds the limits specified under the act.

Now my query is that whether the resolution passed in 2010 is still valid, or not?



Anonymous
25 December 2015 at 16:35

Company

i wants to trade in a product of european company in india. i wants to incorporate a sister concern of this company how can i do it. What is procedure and charges for this. Please relpy fast.


Vivek B. Bhinde

Dear Respected CCI Members,

Can a Practising Chartered Accountant file ROC Forms i.e AOC 4 & MGT 7 Forms on behalf of his Clients i.e whose audit he has conducted under Sec 44 AB and/or under Companies Act ?? Whether there are any restrictions under companies act 2013. Thanks in Advance.


NAGARAJU ENAGANDULA
25 December 2015 at 06:28

Receipt of accumulated gratuity

Sir,
Mr. X is working in private company and the company provided the provision for Gratuity for all Employees. Can Mr. X withdraw his Accumulated Gratuity after completion of 5 years of Service during the course of employment? He is neither retired nor resigned.

Please explain me the concept


ARTHI

Dear Friends / Experts,

Query

Can someone please clarify whether the non-compliance of the following nature will lead to vacation of office?

‘if a Director (who is a Foreign National resides in his home country) of a small company has not attended even one meeting in a period of 12 months’

Your reply, please..............

Please advise any 'permissible way' to avoid such non-compliances in future periods.
Your reply, please..............

Thanks in advance for possible replies from all concerned.


ARTHI
24 December 2015 at 20:25

Foreign nationals holding in form no.aoc-4

Dear Friends / Experts,

Query

Can someone please clarify the appropriate field in ‘Part B. III. Financial Parameters - Balance Sheet in Form No.AOC-4 for the ‘Foreign Nationals Holding’ or

please confirm, whether such details of holding shall find a place in the Form or not?

Your reply, please..............

Thanks in advance for possible replies from all concerned.


farhan

Can a foreign holding company give interest free loan to its WOS in India. Does RBI pose any restriction in this. Is transfer pricing applicable for this type of transactions


preet prakash
24 December 2015 at 14:44

Form 32 & form 18

Hi All
what is Form 32 & Form 18 ?????
is it compulsory for a pvt ltd co. ???? when is it filed???????


Pratap
24 December 2015 at 08:47

Registering company

Hi All,

I am looking to register an agro industry & i have following question to you all experts.

1) Is there a ratio or law that dictates that for a copany with 1 cr authorised capital there must be an amount company bank account to reflect it? Is there any connection between authorised and paid up capital apart from later can not be more than authorised capital.

2) can we use company cash to show paid up capital and then use that money for buying land for conpany?

3 ) i have a land that i would like to tranfer to company how can we do it? will it be counted as paid up capital for company?

i am basically trying to find a best and effective way of forming a pvt ltd firm and effectively use available fund.

I welcome any suggestion to make this start as best and effective as it can....

Your responses and advise will be greatly appreciated


CA Prashant Nariya
24 December 2015 at 08:22

Common seal

who is authorized to issued common seal and share certificate of company ?? please guide me!






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