If a private company wants to give a loan to Public company (if Directors are Common) then what is the procedure?
Sec 185 (Loan to Directors)gives exemption to private companies with some conditions.
As Per Sec 186 Loan can be given within the prescribed limit or by Special resolution (both Public & Private).
will sec 185 will override sec 186?
as par companies act 2013 how to calculated
deprecation on building
if building purchase on 22-12-05
rs 5969940 . please give solution as par sch.2
Respected Sir
For covering exemption for sec 185 dated 5.06.2015 whether paid up share capital is inclusive of securities premium account or not. Because as per definition borrowings of such a company from banks is less than twice of its paid up sahre capital or fifty crore rupees , whichever is lower.
Thanks in advance.
Dear Expert,
I have filed 23AC, 23ACA & 20B of my Company last year but now as the Company forms Changes, What Forms i have to file in regard to Annual Filling & What is AOC-4 & MGT-7 & i have filed ADT-1 or GNL-2 last year in which "The Auditor has been appointed for 5 Years" so, i have to filed again ADT-1 for Auditor Appointment, Please Clarify the same as soon as possible.
I am going to write final exam by nov 15. is institute practice manual alone is enough for my exam preparation in corporate and allied law. is there any reference for case laws.
A LLP since its incorporation has not filed its annual returns and accounts with the ROC and now it wants to close the same. At the time of submission of eForm 24, there is an error for filing the returns. If we see penalties for such non compliance are too high. Is there any way out or clarification for the same? Request your valuable suggestions on the same Thanks
Dear Learned members,
Request you all to Please advice on the following:
A private limited was formed in September,2014 but till it has not opened its Bank account neither it has filed INC-21 nor it has received any subscription money. Please guide me what steps to be taken now and the consequences thereof
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Regards -
Kapil Dudeja
For appointing a WTD in a PRIVATE LTD COMPANY, is filing of MGT-14 needed along with Form DIR-12? Also do I need to file MR-1 ?
Hi
Can Registered Office Address of Holding Company & Subsidiary / Associate be the same i.e. can Holding Company Registered Office Address be used for Subsidiary/Associate Office Address. All offices are based in same city
A company was incorporated in 1996.
At that time shareholders were say... x y z.
Now the company has transferred the shares to A B C... And issued fresh shares also...and at the same time the company was converted from pvt to public....
So can the company decides to issue new share certificate in new name consequent to conversion of company. From pvt to public..
QUERY: what will be the new share certificate number Can we number these new share certificates with new name from 1...
OR is it required to be continued. number. E.g if the old certificate received by A B C on transfer of shares were numbered say 8,9,10... will this new certf with new name be numbered -11,12,13 or - 8,9,10 i.e. it will be given that same old certificate. number
OR- can v number it starting from 1 since they are with new name.
Further whether the folio numbers of these shareholder will remain the same or will it change.
Experts pls express your views
Thanks in advance.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Inter corporate loans & investments section 186