Dear Experts

I am preparing a secretarial compliance checklist for a Private Company. However, when I checked the shareholding details of the company, there is a foreign company holding 98% of the shares of the Indian Private Company. In this case, the Indian Company will become a subsidiary of that foreign company.

My question is: Whether the company will be deemed to be a public company by virtue of section 4 sub-section 7 of the Companies Act, 1956 and provisions applicable to public company will apply. OR will it still be a private company.

Also note, that 10,000 shares are held by the subscribers to the memorandum and the balance by the foreign company.

Regards

hello there,

can a limited liability partnership be converted into a pvt ltd co.
I have gone through Secc 366 of companies act 2013 & the related rules too. but still have some confusion.

whether transfer of goods by a creditor for more than a year will be considered as a deposit in light of companies act 2013.
the creditor has not received any payment since 1 year

Hi
While incorporating a company, in whose name the rent agreement should be made??

Is it lawful to bill another company for the services not offered by the other company (both the companies have same directors)

eg. One company is a Software Development company while the other one is Travel Company. Can the Software company bill the Travel Company for the software it developed for them? Both the companies have same directors.

Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

A person was appointed as Executive Director in a Private Limited Company, where his relatives are the Promoter-Directors.

Query

Executive Director is not drawing Salary from his Company for the time being.

Will MCA view this as a procedural issue / non-compliance on the part of the Company and initiate any action (after all, it is the will of the ED)?

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


Thanks in advance for possible replies from all concerned.

Dear Friends / Experts,

Please guide me on the following, IF POSSIBLE:

Query

Please confirm, whether Form DIR-7 is to be executed on Rs.20/- or Rs.50/- or Rs.100/- Stamp Paper in the State of Tamil Nadu.

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


Should the Photograph be affixed on the Stamp Paper?

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

Thanks in advance for possible replies from all concerned.

A Company is Appointing A Trust for making its CSR Spending through that Trust now before appointing that trust for the CSR spending does the Trust has to provide any license of its trust to the company or any other document?

Whether a private company can accept loan and if yes then from whom? which section is applicable on it?

is it proper
1. to take print of minutes on legal paper ( Green Colour) and
2. maintain Minutes of BM & GM in a file while all other provisions regarding minutes are complied i.e. page No. Chairmans Initial etc?