My CC limits expired few months agao and I have not signed any new sanction terms or letter as bank dilly dallied on renewal, assuring that it is in process and will be done soon. I got limits from another bank at much better terms. and that bank paid my dues in CC account to take over my account. Now my old bank Axis has demanded 6% foreclosure and other penal charges for closing the account. My sanction letter has expired months back. Axis was peeved because i went to another bank. Since i no longer have a valid agreement or contract with them and CC is on demand loan which expires every year, am i liable for these coercive charges? or are there some clauses in the first original contract/agreement that all banks make us sign which we never read.

Format of supplementary agreement in case of death of designated partner

What are the laws regarding Share application Money pending allotment. In which situation, we may classify it as part of Net Worth or whether it will be current/Term Liability?

Our directors are disqualified upto the 31st October, 2021 in case of a subsidiary and in case of Private Ltd companies. My queries are as follows:-
1) What will be the position of the directors after that date? Will he be able to sign any documents physically or digitally?
2) Or else do i have to appoint a director through backend process and file the annual returns and then only the said directors can sign any form or be appointed as director in other companies.
3) If i have to appoint the director through backend process pls let me know the procedure .

We are manufactures of Mobile accessories and have transferred Rs. 1 Crs to a Trust for our CSR compliance now if the trust does not utilise whole fund

Will Unspent Fund paid to Trust will be considered as the appliacation of money for CSR compliance or not

firstly i upload MOA and AOA attached with spice 32 and officer send form for resubmission but when i try to reupload such EMOA and EAOA as linked form its shows an error "Mismatch between forms submitted and forms marked for resubmission".

Any body have solution to this please help me!

We are family of 3 my parents and myself being the MD ....having our own company...can we transfer our individual properties to company....if yes..
what is the procedure.....who will hv the hold on properties........

Hi,

Auditor of the company is not responding. I need to appoint new auditor to close year end compliances. However, until the previous auditor resigns, I will not be able to appoint new auditor. Other option left with me is to remove auditor which is a very lengthy and complex process. Please suggest a way forward.

Thanks in advance

Dear Sir / Madam,

in one of the company, the director has Mortgage his personal property valued at Rs 70,00,000 for companies loan purpose on that property basis, company has received loan for rs 1 cr now the company wants to allot Equity shares for Rs 1 cr as the person has mortgaged his property on the condition that company will allot shares, kindly guide us.

Can the experts tell me how to change mobile number and mail id of disqualified director. Not able to file DIR 6 also.