Dear Sirs,
Our Company is planning form company in US and make an existing Indian Pvt Ltd company as a fully Owned subsidiary of a US based company.
Can some tell me about the formalities ?
How the shares are transferred to foreign company from individual share holders ?
Any capital gain tax applicable for such transfers.

Waiting for your valuable reply on this.Can guide me some who handle this Bangalore..

Dear Sir, Why form21 is required to be submitted under the Companies Act.

whether ne w company law will be applicable in conversion of pvt company into public, if we are going to convert in this month

Section 185 0f the Companies Act,2013 replaces Sections 295 and 296 0f the earlier Act has been notifued.However,Section 186 of tyhe CompaniesAct,2013 which replaces Section 372A of the earlier Act is yet to be nofied.
In viewv of the above,what is the position regarding aPublic Limited Company giving a Corporate Guarantee or Security for a Bank Loan to another JV Company in which certain Directors are common and majority shareholding is of a wholly owned subsidairy of the Public Limited Company?

We have two companies Kens technosoil and Kens Management....Kens technosoil pays rent for the office...and we want have same address for both the companies but lease agreement is with the name of Technosoil so what we need to do for address proof...does NOC from landlord along with lease agreement is sufficient in case we don't want to change our agreement....
My second query is what about NOC from director do we are needed that our share holders and Board of directors are same in both the companies

Provided that Sec 185 shall not apply to—
(a) the giving of any loan to a managing or whole-time director—
(i) as a part of the conditions of service extended by the company to all its employees;

Let me know what it say exactly...if a company sometimes giving loan to employees @ prescribed interest rate....then can a company give loan to its whole time director...?

can a company do this, if yes then with interest or without interest?

please help

sir please tell me one of a private limited company does not have any transaction and regularly filing returns with Roc what about preliminary expences which occurred every year example audit expences, expences of mantaning bank accounts etc. should they debited to reserve and surplus account or it should be written off

Can a director sign on share certificate (in dual capacity)i.e. as authorized signatory and as well as the director?

Dear All,

One of the group pvt Ltd company has lent sum to another group Pvt Ltd means defaulting section 185 of Companies Act 2013. I know i am free now to take the shadow under section 372a of Companies Act 1956 but assuming that 2013 act is fully applicable and 1956 has been repealed compltetely.

Can you pls suggest how to comply with section 185 now?

Dear Experts,
We have a registered office and we are keeping the books of account at other place then registered office , within the local limits.
Now we want to shift the registered office of the company where books of accounts are kept.

So in my board meeting do I need to take agenda for shifting registered office and change in place of books of account. Both the places are going to be the same.

Do I need to file both form 23AA and form 18.

If we do not file form 23AA is is presumed that the books of accounts are kept at the registered office.