Sec 188 of the CA'13 : related parties transaction prohibits leasing of property of any kind. Which hitherto is permitted.

the question arise is wether all leave and license transactions are treated as lease. Legally speaking lease and leave & license differes with each other.

Whether Leave and License transactoins will be covered by sec. 188?

Can a pvt. ltd. co. as the license holder give on license certain premises to a public ltd. co. on L & L basis, for a period of 99 yrs. the agreement will be made before the new act come into effect. Only the compensation (rent) part will be kept open for the the parties to decided mutually, from time to time.

Can this type of arrangement valid in law? will it attract the provisions of sec. 188?

Dear Sir,
My DSC is registered with MCA 21.But I forgot my User id & password both.How can it be recovered?

Plz reply soon,its urgent.

Our company has taken loan from our group company in which directors are same.Can we are violating the provision of Companies Act 2013.Please tell us in the light of General Cirular 18/2013 as soon as possible.

I want to know the meaning of this line "a company which in the ordinary course of its business provides loans or gives guarantees or securities for the due repayment of any loan and in respect of such loans an interest is charged at a rate not less than the bank rate declared by the Reserve Bank of India." in Section 185 of the Companies Act, 2013.
Secondly, I want to know that a Private company is giving a corporate guarantee and collateral security to other Private company in which the Directors are common then what is the procedure to be followed in this regard, whether we have to pass special resolution or take Central Government in this regard.
Please reply early, it is urgent.

Hi,

Someone may please see the following and reply, if possible:

Query(s)

When I download ROC Public Documents through Firefox, the PDF document is downloaded with .DO extension file instead of .PDF extension file.

If anybody has such experience, please share the reason, why it is happening.

Ans:...............


I would like to know, this problem happens only to me or it is a common one? Please reply.

Ans:...............

Thanks in advance for the reply(s).

sir please clarify my doubt regarding payment of interest on share application money in private limited company is mandatory or it is according to articles of association and please mention the relevant section.

I filed a petition for condoantion of delay of form-8 for which form 21 is filed with ROC on 21/11/2013 and same was approved on 30/11/2013.

Now i want to know sir, is there any further formality which i have to do as form-8's status is showing "pending for form-21".

ROc people are also not giving any answer. Pls guide me what i have to do further.

Sir, I did not got any certificate for charge registration

as per section 283(2a) it is written that if director knows about not holding qualification shares then penalty is 5000/day and as per 272 it is said that after expiry of 2 months penalty is 500/day there fore its summary is rs 5500 per day don't really understand the clause

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 ???

Dear Expert,

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