What are the opening entries in the books of a one person company, when a proprietorship is converted into a one person compnay?
Company A along with sister concerns namely, Co B, Co C and Co D (collectively “the Companies”) have initiated a process of setting up a trust, which would engage in corporate social responsibility (“CSR”) activities of construction, running and maintenance of nursing school
1.The Companies propose to appoint 4 (four) trustees from 4 (four) different Companies belonging to the Group, who are neither directors nor key managerial personnel nor one level below the KMPs but officals of the respective Companies. Will it be in compliance with the law?
Dear Sir,
Is it necessary to filed MGT-14 for Disclosure of Interest by Director u/s 184 (1)every financial year
XYZ Pvt ltd. forms a JV with ABC Pvt. Ltd. naming it as XYZ-ABC JV & Co. for a contract. XYZ Pvt. Ltd. holds 25% (therefore it will get covered under associate concern). Now JV Co. wants to procure some services from XYZ Pvt. Ltd. as well as ABC Pvt. Ltd. due to Related Party transaction clause under Companies Act 2013. XYZ Pvt. Ltd. cannot pass resolution for providing service as it is a related party (because it is an associate concern). So how can the transaction be conducted between JV & XYZ Pvt. Ltd.
Read more at: https://www.caclubindia.com/forum/related-party-transaction-328179.asp
Hello sir,
My query is...according to company act,2013, atleast one woman director should be present in BoD in some prescribed companies...so in case of meeting of BoD, that woman director is counted in quorum or not..??
I mean the presence of woman director is compulsory or not..??
How to make a wholly owned subsidiary under Companies Act 2013. Which section governs it? How to fulfill the condition of minimum shareholding of two members in subsidiary company?
dear sir,
i want to know the format of Special Resolution passed in EGM for private placement of share.
is fire fighting equipments will comes under office equpments ? if it comes, can i take useful life as 5 years which is the useful life for office equipments..
Hello...Can relatives of director can give surety for company borrowings????if yes,what is the related section...????thanks
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