Respected Experts ,
Whether a Pvt.Ltd Company can accept loans from any outsider.
and if it is aviolation then what will be its consequences.

respected sir, i wanted to ask can a minor give loan to his father? also income generated from such loan invested in land by father is taxable in who's hand?

Dear Team

In pvt ltd company while filing form 32 for appointment and cessation of director, which documents needs to be attached.

For eg.
Any declaration from newly appointed director
Any resignation copy of retiring director

pls guide the way forward and also provide necessary formats of same. thanks.......

Dear Sir,
Kindly heed your attention on following issue-

1.A person is appointed as company secretary, some time later, the CS is appointed as the Director in the same company. Can he be called WTD? (he is in the employment of company and holding Directorship as well)

2.Please also describe that is there need to follow provisions of WTD in above mentioned case separately, if above said situation fall in WTD?

Please throw the light on it and indicate the relevant provisions in this regard.

Looking forward to your kind reply.

Thanks and Regards,
Harvinder Kumar Dinker

Dear experts

Pl guide the procedure to close pvt ltd company.
thanks.

Sir As per sec. 3(1)(III) privated companies are restricted to accepts the deposits from the public now my question is that Is there any difference between the two terms loans & deposits accoding to the company law if private company accepts the loan from Public.
Please reply that can a private accept a loan from the public?

I like to create a Management Consultant Pvt Ltd. for this give some guidance as a ca which type of object clause on MOA is preferable

ABC Pvt Ltd. has 3 directors 2 of them are not Indians and the third one is Indian.

Now the Indian Director wants to leave the company. In this case is company still complying all the statutory requirements.

sir i have an query that my client is director of the company running a pvt. ltd. company in India since 2008 with object of the company is to developing software . in the financial year 2009-10, 99% of shareholding of the company has purchased by u.s.a. based company therefore my company becomes subsidiary company of u.s.a. based company and the status of my company has convert non- residence company in India. Now the u.s.a. based company has received contract in u.s.a. to developing software and he has transferred funds to its subsidiary company in India to developing the software because the manpower cost is cheapest in india. my query is :-
1. the fund transfered from u.s.a. based company to its subsidiary company is income of the subsidiary company
2. is any tax liability will payable by subsidiary company in india on funds received from holding company
3. is there nay liability of giving service tax

Hi friends,

can anyone please tell me what is the FEMA procedure, when shares are allotted to an American national for consideration other than cash.

Please suggest friends...