Hi,

Just wanted to know whether non fund based limits given to a company be considered for computation of total borrowings u/s 293 (1) (d) of Companies Act, 1956.
What if the Board resolution specifically states that the company can borrow non fund based limits of XX amount

Can I find the solution to above in A. Ramaiya's Guide to Companies Act, 1956??
Kindly quote the reference

Thanks,
Ashok Mehta

Hi Can anyone answer, whether there is any restriction on the no. of Main Object clauses that can be included in Memorandum of Association of a company??

Dear Experts,

Can you pls confirm,My client wants to register a company in name of "XyzHelp Pvt ltd."

whether use of word "HELP" in "XyzHelp pvt.Ltd." allowed to form a company with share capital.

So will ROC allow the above proposed co. to get registered with share capital in the name proposed above. IT will be a marketing company.

I mean will the inclusion of word "HELP" hit the provision of sec 25. As the proposed company(xyzhelp pvt ltd.)will have profit motive and will not be co. u/s 25.

So pls confirm and let me know.

Any Agreement already registered by a Pvt. Ltd. for giving poa ,and to enter into development agreement without Board/General (meeting) resolution for the same is Valid or not ?

Can we allot shares at a lower premium than the earlier alootment at a higher premium.
Example- If we allotted shares @500 in earlier allotment, then can we allot the shares at the rate of Rs. 100/- in the present allotment.

The company is unlisted public limited company.

Can anyone tell me:
What will be the status of A Pvt. Ltd.

A Pvt. Ltd.------ B Pvt. Ltd ------- C.Ltd.
Subsidiary Subsidiary

Will the provisions of sec 269 of the companies act, 1956 will be applicable to A Pvt. Ltd. as the provisions are applicable for a private limited Co. which is a subsidiary of a public ltd. co.

Whether sub division of existing shares of the company can be termed as 'allotment' as it is division of existing shares of the company into definate number of shares (larger in numbers than existing) each of particuler value (smaller than existing) and assignment of such larger number of shres to the holders of existing shares. (though the total value of those shares remains same)

can share application money + subscribed share capital be more than authorised capital for a non-listed pvt ltd co.,. If the answer is 'no' why and what are the consequences.
Thank you

FACE VALUE OF EQUITY SHARE OF A PRIVATE COMPANY IS RS 10 WE WANT TO DECRASE THE FACE VALUE TO RS 1. WHAT IS THE PROCEDURE AND WHICH FORM WE NEED TO FILE WITH ROC.

Dear All,

Is there any separate ROC office in Navi Mumbai?

Regards,

Sukanya