What is the meaning of Body Corporate ?

Is it the association or Group of person who are registered/incorporates itself as legal body authorised by law ?

It means Group/association of person becomes the legal body after registered and will be called company .Is it right or not ???

Why are CSR provisions included in new Companies Act 2013? (reasons for inclusions of CSR provisions in new Companies Act)?

Dear Sir,

I have a query on deposit,hope to get cooperation about it.

A pvt co is not allowed to take loan from individual. A pvt co can only take loan from Directors, and relatives of Directors & shareholders.

If a pvt co.takes loan from individual it is violation of section 58A. So what are the penal provisions applicable for this? As the section says:
Section 58A talks about penalty which are applicable if the deposits amount exceeds beyond the limit & if it is not repaid within the time prescribed.

Thanks in advance

Facts:
There is one existing private limited company in which entire holding is between two members of family.

There is one individual who wants to take this Company and now this individual family members will be director and shareholders of the company.

Query:
What is the procedure as per ROC by which that individual can take up the shares and directorship in that private limited company.

If we want to cancel the appointment of auditor & form 23B filed with ROC what is the procedure for the same.

A Private limited company has not filled their Annual Return since last three years. So, what are the consequences now??

Dear Expert,

Wheteher Dividend Warrant should be sent only Registered Post only ? If yes Please tell me this mentioned in which law ?

Please Tell me the meaning of point g in Annual Return as mentione below:-

g) The company did not have an average turnover of Rs. Ten Crores or more during the relevant period:

Also tell us how to calculate it.

Dear all,

Can a company have an object cl as - To acquire real estate, in any foreign country & to earn rental income & to explore the possibilities of earning income on investment in shares & what kind of approval need to obtain from RBI.

Thanks in anticipation.

Dear Experts,

What is the legal and MCA procedures for merger of private comapanies in India.