Can I opn an Finance company without getting NBFC?

Dear Experts,

What is the procedure to transfer majority shares of a private IT Company to NRI (not a foreigner). what are the forms required to submit with RBI/ Under FEMA or any other Law in Force?

Thanks in Advance

Dear Experts,

We are registering a new Private Company Limited by Shares.
my queries are:
1) is it necessary to apply sign of Diector(Subscriber)/round seal of the Company on the each page/cover-page/Certificate of Incorporation on the Memorandum & Articles of Association after prining sets of MoA & Aoa (not while filing Form 1 but after Incorporation of the Company, when we print few no. of sets of MoA & AoA.)??

2) What is the Common practice about original Subscription tables? we need to keep it our selves (with promoters original copy of MoA AoA) or with our CS?

3) is It necessary to include Acknowledgement of E Stamp duty payment in each set of MoA & AoA???

Dear All Experts,

Is the XBRL filing is also mandatory for the foreign companies which have their liaison office and Branch office in India but incorporated outside India. and if yes then which form will required to file.. because e form -52 in xbrl format is not available?/


Please help....

Thanks
Best Regards
Pooja

Hi

Is their any changes in XBRL applicability to the companies for the financial year 2011-12?

topic - change on status of company effective from the date of approval of roc .and change of name is effective from date of incorporation.

can anyone provide me one practical question to understand better on above topic?

Co. X issues shares. 49% to Indian resident and 51% to Foreign parent company.
What are the provisions applicable?
Sec 56(2)(viib) comes into effect only after April 2013. and RBI master circular on FDI applies only for investment into Proprieties and Partnerships. What about Companies?
And does the 180days share allotment circular apply?

Dear all,
paid up capital 70000 share of 10 each fully paid

then on 27/05/2011 co. Issued 48000 share @ 5 paid up
and that share ON 20/10/2011 forfeited

now, company wants to issue 80000 share at 5 paid up (fresh issue) ON 01/01/2012

so my question is what should be issued and paid up capital after last allotment which were
pleas pleas reply...................

Can a private limited Company distribute dividend out of the balance in Profit & Loss account in the Balance sheet?

-" as per Sec 205 (2) or out of the profits of the Company for any previous financial year or years arrived at after providing for depreciation in accordance with those provisions and remaining undistributed or out of both or out of moneys provided by the Central Government or a State Government for the payment of dividend in pursuance of a guarantee given by that Govt."

Is there any way to convert a partnership firm into a private limited company and that to without attracting capital gain tax and where the number of partners in the firm is two