Hello everyone,

my question:

1. can a diretor of a pvt ltd company holding say 50% shares take loan from the company ?

2. can director of a pvt ltd company give loan to the company at interest rate say in excess of 30% pm. ?

waiting urgently for ur reply ?

Is is necessary to have 7 partners in Partnership firm to convert into Pvt Ltd as per part IX of Cos Act?

What if there are two partners in the partnership firm and both agree to convert the firm into Pvt Ltd?

Is it necessary to have both the partners inducted as Director in the Pvt Ltd?

Can anyone tell me, if the Company (Listed Co.)want to purchase the property and director of that company will pay the EMI (Rs. 3.5 crore) for purchase of that property, corporate guarantee is in the name of Company. does it violate the provisions of the Companies Act 1956? if yes, which section? does it attract the section 293 (1) (d) of the co. act 1956?
paid up capital of the company is 10.78Crore.
plz reply? waiting for kind reply

A Ltd. Company has an Accumulated Losses of Rs.8 crores during the financial year ended 31st March,2011 and in the same Rs.1 crore lying in Share Premium a/c.Can this Share Premium balance be utilised towards adjustment of accumulated losses? If so adjusted,will it amount to Reduction of Capital?

C.S. A.K.Maitra

dear experts,

as i want to convert my limited(unlisted) co. into pvt ltd for that i need to obtain NOC from bank...

for that i require some proper reasons to convince the bank so that it can provide NOC without any hassle...

pls i need the list of those reasons if anybody can help me do the needful...

thanks

regards

tanveer ahuja

Dear Sirs,

How to obtain a certificate of commencement of business for a company and by when ?

I want to increase the Authorised capital of Pvt. Ltd company. For that, do i need to file the amended MOA &AOA. If yes, then do i need to get the subscribers to MOA & AOA resigned on the date of amendment or the signed copy of original subscribers page at the time of incorporation will suffice.

what happen when director not held qualification shares within prescribe time, in case of public co. - when in such co provision related to qualification share is made in AOA or no provision in AOA is made related to it??

i couldn able to view the signatory details for a company. the error is the company has not filed form 32 or din 3 ... but i dunno the what is the exact default? What form i should file now ? can anyone please reply for this ...(the company has filed its return for 5 yrs )

thanking you,

A director having a DIN.having Digital signature(DSC) and made roll check.But the problem is now they changed the DSC so once again when trying to rollcheck with the updated DSC it is throwing some Transaction error.

Could anyone of u tell wht to do to get it resolved.

Thanks in advance.