I am filing INC-21 for commencement of business. my client is doing farmacy work.
my query is:-
1) whether it is covered under any sectoral regulator.
2) which Stamp duty reference in point 5 to be given.
3) whether declaration on stamp to be given and what should be stated in it.
A private ltd. company had validly appointed the auditor for FY 2013-14. and 23B is also filed with ROC for the appointment.
thereafter the auditor had resigned and another auditor was appointed at EGM.
So my query is the new auditor so appointed at EGM should file form ADT-1 or 23B for F.Y. 2013-14?
is there any rewquirement to change the AOA & MOA as per Companies act 2013??/
our company is proposing to increase its authorised capital but it do not want to change MOA & AOA. will it cause into some default??
two directors are abroad and one director is in india of a private limited co.The company seal is in registered office in india.
how can the company issue shares and fix company seal.As the 2 directors r abroad and 1 in india . The authorized representative is also in india.
the company has to issue shares and pay stamp duty on it??
what is the process?
Can a company donate money to an educational institution which is eligible for deductions u/s 80G and claim the amount as a part of its CSR??
Dear friends,
A private company takes trade security deposits from its purchasers which is not covered under section 73 to 76 of the Companies Act, 2013 and exempted under Rule 2(1)(c) of the Companies (Acceptance of Deposits) Rules, 2014. For the said deposits, it issues Business Deposit Receipts and also pays interest. What specific terms and conditions regarding the exemption can be included in the security deposit receipt so that it is not interpreted as a Deposit under Section 73 to 76 of the Companies Act, 2013.
Thanks and regards,
Sapna Kannaidas
There are two companies XYZ Ltd. And ABC Ltd.
Director (along with his relatives) of ABC Ltd. is holding more than 20% shares of XYZ Ltd. But he is not a director of XYZ Ltd. Also ABC Ltd. is not holding any shares of XYZ LTd.
Now the question is whether XYZ LTD. & ABC Ltd. will become Associate Companies for Consolidation of Financial Statements under the New Act.
A company wants to give property on rent ( Leasing) to B company and this is related party transaction, whether special resolution is required to be passed in both companies or only to A Company
KINDLY THROW LIGHT ON THE BELOW MENTIONED POINT AND OPINION OF THE BOARD:-
PVT LTD COMPANY AND PARTNERSHIP FIRM HAVING COMMON DIRECTORS and PARTNERS,
PROPERTY OF COMPANY IS MORTGAGED WITH BANKERS OF THE FIRM,AND FIRM HAVE AVAILED THE OD FACILITY FROM THE BANK,
FORM NO 8 FILED BY THE COMPANY ON 30/03/2011, WHEN FIRST TIME LOAN WAS AVAILED BY THE FIRM.
Whether provisions of section 185/186 of companies act 2013 regarding Loans /guarantee / security etc.... are attracted in this case.
further , since the partnership firm is having OD facility against property of the company, the OD facility is renewed every year, at the time of renewal the company does not comes in picture, only firm is required to complete the routine renewal of OD facility, further the limit of OD is same that was in 2011.
thus whether in this situation provisions of section 185 / 186 is required to be complied with.
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