Hi! My company wants to take a secured loan from a bank. Do I need to pass any board resolution in this regard.


Thanks in Advance.

What is the exact procedure for obtaining COB ??

1. After getting COI, open a bank account and then get COB..or
2. After getting COI, get a COB and then open a bank account...

Please do not copy paste the legal language, and answer it from your experience.

Thanks & Regards.
CA CMA Gaurav Jain
9911375324

Hi Friends,

I want to be incorporate a limited company.I read that 3 director and 4 promoter required for incorporation of limited company.

My query :
1. is it compulsory name of 4 promoter mention while filing o f form 1A for approval of name of company?
2. Is it compulsory promoter become shareholder of company after approval of name.?

Sir

if directors retiring in AGM are 2 and 2 have applied u/s 257,how should the votes be asked on ballot paper.

hw shud the ballot paper be printed

dear experts,
company registered in 2009 with 2 directors. now they have to add another new director. which form is applicable for this.

URGENT

I've applied for New Company Incorporation (private limited company situated in India).
Today I got a mail which is reproduced below
"This is to inform you that in term of the provisions under Regulation 17 of the Companies Regulations, 1956, the above-cited Form1,Form18,Form32 dated 26-07-2013 filed vide SRN B80302953 has been examined and marked as Pending under Regulation 17(6) with the following remarks-
Regd."

Can anybody tell me what is the meaning of the above mail.

The New Company comes under Industry Category 'Real Estate'

Is there any special restriction for Real Estate Companies.

dear experts,

please provide me what are the expected questions asked during AGM.

piyush joshi.
piyushjoshi910@yahoo.in

Dear Experts,

Please suggest whether a pvt. ltd. company cn use Share application money for day to day office expenses before any allottment made??

Is there ny restrictions to do so by Pvt Ltd. Company, Detais are given hereunder for your reference:-

Co Incorp Date:- June-10 2013
Auth Capital-50 Crore
Issued Capital-200000
Application Money recd-5 Crores
Salries & Other expenses - 2.45 Crores.

Please advise experts opinion...

Thanks
Abhishek Bansal

Dear All,

I have a doubt regarding preference shares .

We have received funds of Rs. 10.8 lakhs from the lender as subscription money for issue of preference shares on 31-08-2012 .

But in the annual return for 2011-12 we have not mentioned about this issue .

Now we wont be able to file Form 2 prior to 31-09-2012(AGM date).

The point is can we use the amount of 10.8 lakhs for ant other purpose ?

Thanks in advance .

The Company have received capital contribution from one of its share holders on 30 april,2013 now the Company wants to issue shares as per Section 81 of Companies Act, 1956. The Company is an unlisted Company, the Unlisted Public Company (preferential) allotment (amendment) Rules 2011 is applicable. but any allotment of securities shall be completed within the period of 60 (sixty) days from the date of receipt of application money and in case the Company is not able to allot the securities within the said period of sixty days, it shall repay the application money within the period of fifteen days thereafter, failing which it will be required t be repaid with interest at the rate of 12% per annum. Considering the said provision, the Company does not want to repay the amount and want to issue shares on the said contribution.Please give your advice whether it is possible to issue share for the contribution received in April 2013 under the provision of the Companies Act, 1956? If yes then please elaborate the procedure for allotment of shares.