The Company Law Desk

4) Will excess withdrawal of capital from LLP by a company (partner in the LLP) be treated as deposit or not?


The Company Law Desk

2) Whether a company can take loan from a person other than promoters at the time of initiation of new project?


The Company Law Desk

1) Whether the loan taken by a Company from NBFC treated as deposits?


Neha Chopra

Hi
can anyone please let me know time period in which NCLT permission can be taken for using different financial year in case the company is subsidiary of a company incorporated outside India as my client is having its year form 1st March to 28th feb and we have not taken any permission as yet.

Please reply its really urgent.

Regards
CA Neha Chopra



Anonymous
17 April 2014 at 13:12

Sec 185, sec 186

as per new companies act 2013 a company cannot give loan or investment to director .

my client is director in 16-17 private companies . the companies have internal group transactions. ie loan given and taken . the compaines have purchased share in sister concern though the holding is less than 10%.
what should be done for these loans and investment according to the new companies act.


RACHANA DAGA
17 April 2014 at 12:28

Reduction of subscribed capital

Respected sir/mam

If a company wants to reduce the subscribed capital mentioned in memorandum at the time of incorporation, so is their any provision for reducing the same in companies Act 2013

regards



Anonymous
17 April 2014 at 11:39

Common seal

Dear Expert

What is the difference between Rubber stamp and Common Seal?

Can i use round rubber stamp as common seal as well for private companies or common seal is altoghther different??

Thanks in advance


Roobana Shaikh
17 April 2014 at 10:42

Annual return

what is an annual return? what does it comprise of? and how to upload it on ministry of corporate affairs site? can anyone please send me the format of annual return? my email id is banaxec@gmail.com. thanking you in advance.



Anonymous

Dear Sir/MAdam,

my query is regarding appointment of Independent Director, exmpl:

X Ltd is a Listed Entity, Mr. A and B are the directors of X Ltd.and they are called Independent Directors, but they are also Director of 5 (Five) Associates Companies of X Ltd. a listed entity and they also take salary on Per month basis from one of the 5 associates Companies.

the above is the example so kindly confirm me from yours valuable opinion Mr. A and B are really Independent Director of a X Ltd. Listed entity.


SHRUTI SHUKLA

hi,
i would like to know that in my pvt ltd company , both of my directors give an unsecured loan to the company, which is excess the limit of paid up capital and free reserves, so i want to whether sec 160 ia applicable in our company and we have to pass a special resolutions or not?






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