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.

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.

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

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

Can minor become director as per Companies Act'2013 ?

Dear Sir/Madam I want to incorporate LLP, where the client wants to have different profit sharing ratio, that means, at the time of incorporation one particular sharing pattern and while wounding up some other profit sharing pattern. Is this possible in LLP Agreement.

Can I know the amount of stamp duty payable for formation of LLP. LLP details are given below. Place of location : Delhi Capital contribution : 11 lacs Partners : 5

Good evening.

I have query in Section 185 & 186 of the Companies Act 2013.

There are three companies in which there are three common directors in each of the companies who do not hold any shares in the company.

All shares are hold by foreign company.

Now
1. There are inter company loan transactions.

2. Expenses are shared between all three companies through journal entries.

My question is:

Whether Section 185 and Section 186 applicable to these companies and

If the auditors give qualified opinion u/s 185 that there is loan granted transaction in any one of the company, what is the option available to the company to overcome the situation.

What would be best directors reply to qualified opinion of auditors to avoid any further litigation or to avoid penalty.?

And what would be the consequences of the qualified opinion by auditors u/s. 185 of loan granted u/s. 185 of the companies Act 2013 in future for submitting in AOC-4.

Dear Sir,

Iam facing difficulty in filing the ROC returns. After I upload the form SRN is generated and when iam proceeding to the payment it is showing the blank page. Kindl yhelp me in resolving the issue.

In the definition of Associate Company whether if the relatives of the directors or directors itself will have shares of more than 20% either by one director or combine with the other directors of the same company or together with the relatives could be considered as the associate company as per 2(6) ?

Ex. : A Pvt Ltd does not have any shares in B Ltd but

i. Director or Directors having 20 % or more holding
ii. Relatives and Directors together having more than 20%
iii. only relatives of the directors have more than 20 %

give the answers for all the 3 cases individually.