A company can not take loan from outsider except Member, Director & Director Relatives.

A Pvt Ltd take a loan from a Partnership Company in which Director of Company is a partner. Is this situation is contravention of section 43 of Company Act.

Its urgent & plse must reply fast.

Thanks in Advance

A existing company who is in the business of hospitality wants to change its main objects & is entering into the business of Aviation .

Kindly tell me that which e-forms will be filed other than Form- 1A and 23.

which form should be filed first?

Suppose a Private limited company having Authorised share capital of Rs. 10 Lakhs was incorporated on 27th February, 2013.Now it wants to increase its authorised share capital to Rs. 1 crore.

What is the procedure to increase the authorised share capital and what ROC Fees is required to be paid to increase authorised share capital by Rs. 90 Lakhs?

A manufacturing company follows SLM - Single Shift method for calculating depreciation on its Plant & Machinery since its business commencement, which was few years ago.

What will be the procedure required to be followed if it now decides to claim Double / Triple Shift Depreciation on eligible items of Plant & machinery and other eligible fixed assets?

Note: The company works in Double / Triple Shift throughout the year.

Please reply ASAP.

If a director of private limited company having paid up capital above 1 crore, is paid consultancy fee then will central government approval be required. circular of MCA 05/06/1975 says it is applicable on supply of service and not on personal service isn't director service personal in nature also also section 309 on director remuneration is not applicable to private company which override sec 297 therefore shouldnt director remuneration be exempt from approval of central government.

Hi ,

IS SHARE PREMIUM IS INCLUDED UNDER PAID UP CAPITAL AND RESERVES TO KNOW THE THRESHOLD LIMIT OF CARO.

i file eform 1A for company name approval.
the name was approved by mca.i file 3 director as a subcribers of moa .now i want to decrease no. of director in form 1.
can i do it ?
if yes please give me the procedure ?

Due diligence Report - Consortium Finance by banks can be signed by CS only ?

Sir,

I have a query if in a company only two directors, and both are additional director.

In AGM it is compulsory to regular them, because their term is only upto AGM.

Now, can I file single form 32 or 2 form 32 for both the additional directors, As no person can sign his own Form 32.

a company whose main object is trading, has not done any trading business in last 2 years.

co is having surplus fund which it has given to some unreltaed co as ICD @ 17% p.a.

now it is having whole income from interest.

whether there is any restriction with respect to NBFC as it is having income from Interst (100%).