Anonymous
12 July 2014 at 16:39

Increase in authorised capital

Hello...

I want to increase the authorised capital from 35 crs to 50 crs...please provide me with the prcedure under companies act 2013...

MOreover we are also suppose to change MOA and AOA of the company. our industry code 45200 under construction. please provide me with the MOA of the company applicable...

Thank You


poonam jain
12 July 2014 at 16:22

Increase in authorised capital

dear expert, kindly guide me in this case A Company has increased authorised share capital before 31.3.14 ie before applicability of companies act 2013 n didn't file form 5 with roc. what procedure has to be followed now. what is d fees n additional feesto be paid by the company. Is any penalty leviable on the company



Anonymous
12 July 2014 at 14:14

Resignation by director

what steps are to be taken when a director resignes.


SHINOD K P

Dear Friends,

I ve read some discussions on the above topic which concluded that section 185 overrides section 186 of the Act,2013, since Section 185 is a saving provision when Section 186 starts with a phrase " without prejudice to ................ ".

As far as my knowledge goes, this phrase applies only to sub section (1) of Section 186 which speaks about investment through investment companies.

Can we say that Section 186 prevails over Section 185?

One of my client companies is a partner in a firm and one of its directors is also a partner. Before the Act,2013, this Company has been providing security to a Bank which has granted loan to the firm.

Can you throw some light on this?


Neha Chopra
12 July 2014 at 12:18

Auditor appointment

Hi, Can any one please let me know the latest date by which auditor can be appointed for the company formed on 29th March, 2014.



Anonymous
12 July 2014 at 12:14

Section 196 of ca 2013

According to Section 196 of Companies Act, 2013 Managing Director of all companies can be appointed only for a term of five years. Earlier this [provision was not applicable to private companies. in that case the period of managing director for five years will counted from 1 April 2014 ( Applicability of THIS SECTION) or before that ?

In case of our company MD was appointed in year 1984 and his term was not fixed as it was as per discretion of BOD. Now as section 196 of CA 2013 has now become applicable for private companies we can appoint MD only for five years. Shall we have to pass a Board resolution stating his term for five years starting from 1 April 2014 or will it be counted earlier from 1st April 2013. Please guide.



CS Arvind meena
11 July 2014 at 19:31

Sec 179 of companies act 2013

sir/madam
according to section 117, resolutions passed in pursuance of sub-section (3) of section 179 need to be register with ROC.
in case of NBFC which has business of lending and borrowing, is required to file MGT 14 every time..??
experts Please give your precious views in this regard.
Thank you


LawStudent
11 July 2014 at 16:21

Query

If a company's office location is to be changed within the limits of the same city, can it be done by passing a simple board resolution or does a resolution by circulation necessarily need to be passed?
(according to Companies Act 2013)


Pranay Patel
11 July 2014 at 15:51

Conversion of loan into equity

Respected Members,

A Private ltd. company has taken unsecured loan from one of its director in two different dates during the month of April, 2014. Now company wants to convert this unsecured loan into equity by allotment of fully paid up equity shares at par.

Please share the procedure to do the same as per Companies Act, 2013.

Thanks
Pranay Patel


CA.Ritu Agarwal
11 July 2014 at 15:00

Intercorporate loan

Hello...

Is there any limit for a company to give loan to any other company.






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