Priyanka Goyal

Hello,

Since Special resolution is not required to be pass in case of private limited company in case of 180(1)(c) Then Can the company borrow in excess of the limits.??

If yes , then what resolution reqd to be passed and is it required to be filed in MCA



Anonymous
02 December 2015 at 14:28

Number of board meetings

A company was incorporated on November, 2014. How many board meetings shall be held for such companies for the year ended 31st March, 2015.
Also can somebody help in fixing the dates of such board meetings...


dwitichopra

Dear Experts,

From what i read regarding issue of shares with differential voting rights as per Companies Act, 2013, I learnt that even pvt ltd companies can issue shares with DVRs after following certain provisions

However i wanted to get a few of my concerns resolved
1. Can a pvt ltd company issue shares with DVRs with superior rights as to voting like 1000 votes per share?

2. Can a pvt. ltd company issue shares with DVRs of face value Rs. 10 at 1200 per share (At the same value at which it is offering its ordinary share capital)

3. If it is allowed to offer shares with DVRs at above mentioned value of INR 1200. Will any tax liability arise in the hands of the company?

As per my understanding, provisions of Sec 56(2)(viib) of Companies Act will become eligible which states that aggregate consideration received in excess of FMV of the shares will be chargeable to income tax as Income from other sources in the hands of the company.

Please reply asap.

Thanking You.
Dwiti Chopra


Manogna
02 December 2015 at 10:02

International

Good Morning Sir, My brother had completed his MDS(Master of Dental Sciences) and is planning to setup a Dental Clinic in a city.and he want to name it as "Ravis International".Can he name it like that?and what are the legal consequences? please do reply


riya Makhija
02 December 2015 at 09:29

Aoc 4

dear sir /mam please clarify ki Jo company 1/4/2014 or after 1/4/2014 bni h wo apne financial statement AOC 4 and Anual Return MGT 7 mai file krenge and Jo usse phle ki company bni hui h wo financial statement 20 B and Anual Return 23AC mai file krenge


Tarun Kumar
01 December 2015 at 22:33

Small shareholders director

Is it mandatory for listed company to have small shareholders' director u/s 151 of Co.s Act 2013 ? In sec. 151 word "may" have been used.


Durga prasad
01 December 2015 at 12:29

Regarding cash transaction

One of director of a company bring cash for operations, finally amount was treated as share capital, and the amounts are borrowed funds, whether the transaction is correct.


Charan Singh
01 December 2015 at 11:12

Issue of shares for first time

Can a private company issue share to its promoters at Par and to others at Premium when the issue of shares is for the first time.

Please also provide legal references in support of your answers.

Thanks


Divya Jeswani
01 December 2015 at 10:06

W.u

Who is paid first out of Secured Creditors n Workmen's dues in the case of winding up?? Plz guide


Tarun Kumar
30 November 2015 at 20:44

Minor director ?

Can minor become director as per Companies Act'2013 ?






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