This Query has 3 replies
The Form-23B is mandatory applicable for all the companies or what
This Query has 3 replies
I want to opn a Finance Company in which I will provide loan to the people at lower rate of interest thn banks? I did some research and found out tht NBFC is requd fr those kind of company and for registration of NBFC 2 crore is needed, which I dont have now.
So is there any other way of establishing such company?
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i am in urgent need of article of association of public limited company limited by shares invovled in real estate activities & registered in India
can anyone help??????????/
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Plz send me a MOA format for clinics & hospitals, diagnostic services, pathlogy, medicine trade etc.
This Query has 1 replies
A relative of director is appointed by the Board to hold place of profit at a monthly remuneration not exceeding Rs.8000/-. As per Sec 314 this does not require approval of EGM or Central Government. The company is public limited and is having capital Rs.10 crore.
The query is: whether we need to obtain approval of Central Government u/s 297 for availing the services of such relative of director.
As per circular 13/75 of 1975 the professional services of advocates/ solicitors who are relatives of directors have been exempted from the purview of sec 297.
Could somebody pls clarify whether Central Govt approval u/s 297 is required if:
- the appointee is not professionally qualified
- the appointee is professionally qualified
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X Ltd - (Foreign Co) holds 99.99% of shares in PQR Pvt Ltd (Indian co) and 1 share (0.001%) is held by Mr. NRI as Nominee shareholder of X Ltd.
Now i want to transfer this 1 share held by Mr. NRI to other Foreign Company.
please guide me with:
1. whether should i follow transfer of share (s.108) or should i need to follow change of nominee route (S.109A)of Co. Act.
2. Fema Guidelines for transfer of share from Non resident to non resident.
3. also do it involve any transactions for purchase price and how it is valued under FEMA / Companies Act.
4. what are the formalities to comply with under FEMA and Co Act.
please reply me urgently.
thanks
in advance.
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Hello Sir,
Please Anybody provide me the MOA Draft of co. The Co. main Object is advise to all business activity .Suppose my Co. name is ABC Advisors Private Limited.
Advisors related to Brokrage, Business Insurance activity.
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What is the Applicability of LWF deduction.
Is every employee/employer is liable for payment of LWF or for certain Salary range it is applicable?
Secondly,what are the benefits of deduction of LWF?
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Sir, I have received the CIN of a publlic limited company.(ASC Rs.500000/-, Limited by shares).What will be the next and subsequent steps to get the Certificate of Commencement. Shall I have to file e form 20,62 & SLP. Please reply it is urgent.
This Query has 1 replies
Dear All,
I have a query, in my company we applied for a bank loan of Rs. 50 crores but loan sanction was 40 crores, we didn't registered a charge meanwhile our bank loan was revised and we were sanction 45 crores loan. Now, my question is whether I have to register earlier charge of 40 crores and then go for rectification for 45 crores or I can directly register a charge of 45 crores. Please also let me the process to create a charge.
Awaiting an early response from all of you.
Thanking You,
Warm Regards
Ritu Agarwal
C.S. & LL.B.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Form 23b