Please let me know the applicability of Section 297 in this particular case as mentioned below:

X,Y & Z are director in XYZ PVT Ltd as well as in ABC PVT ltd.

(1)If XYZ PVT Ltd purchase some goods from ABC PVT Ltd on credit on regular basis & make payment through cash & cheque.

(2)If XYZ PVT Ltd purchase some goods from ABC PVT Ltd on credit on regular basis & make payment through cash & cheque at the prevalling market rates.

(3)If XYZ PVT Ltd purchase some goods from ABC PVT Ltd on credit on regular basis & make payment through cash & cheque at the prevalling market prices. The amount of contract is of Rs. 3 crores approx.

Waiting for your early response.

Thanx
Regards
Shyam Gupta

Dear Sir/Madam

Kindly let me know whether the Memorandum of Association of a Private Limited
Company can have two different Main objects viz. (i)Infrastructure and (ii)Fashion Designing??

Let me know as soon as possible.

Thanking you.

Please let me know the applicability of Section 297 in this particular case as mentioned below:

X,Y & Z are director in XYZ Ltd as well as in ABC ltd.

(1)If XYZ Ltd purchase some goods from ABC Ltd on credit on regular basis & make payment through cash & cheque.

(2)If XYZ Ltd purchase some goods from ABC Ltd on credit on regular basis & make payment through cash & cheque at the prevalling market rates.

(3)If XYZ Ltd purchase some goods from ABC Ltd on credit on regular basis & make payment through cash & cheque at the prevalling market prices. The amount of contract is of Rs. 3 crores approx.

Waiting for your early response.

Thanx
Regards
Shyam Gupta

Anybody have an idea regarding procedure of obtain a permission for filing of Form 8 after due date?
Is there any specific application form?

What is the difference between fraud and misrepresentation?In the case of Hazi Ahmed vs Abdul Gani Khan AIR 1937 Nagpur 270.The circumstances of the cases seemed to be fraud but the court declared it to be misrepresentation.The case is given in short as under:-

In the negotiations of a marriage contract the relatives speaking for the girl failed to disclosed that she suffered from epileptic fits.The engagement was held to be voidable by the reason of misrepresentation.In this case non disclosure of very material facts was held to be misrepresentaion.
PLease explain the distinction and the above case study.

A company has investment in HDFC Cash Management Fund-Treasury Advantage Plan-Weekly Dividend plan(dividend is reinvested) since last 3 years.
It undertakes various transactions of purchase & sale of units of the MF throughout the year.
Now whether should we disclose this investment as Non-current/Current investment as per Revised Sch. VI?

I am having WIndow xp, service pack3 and downloaded jdk 6 update 30 from MCA site. Even then I can not login to MCA site . A message"DIGITAL SIGNATURE VERIFICATION FAILED OR YOUR CA IS NOT TRUSTED".
Can anybody help to sort out the problem.

CA A R Purohit

A person
gives loan of Rs. 175000/- to a company in which he is director (in cash) then as a n auditor what i have to do ?

Dear Experts,
Our client, a Pvt Ltd company has given loans to its subsidiary (Pvt Ltd) co.
However, Parent company does not charge interest on the said loan.

What provisions will get attracted to the Parent Company under Companies Act, 1956?

Thanks & Regards,
Akash Shukla.

Mr. A is appointed as an alternate director to Mr. B. In today's Board meeting Mr. B Resigns from BOD of the Company and Mr. A is appointed as alternate director to Mr. C. Can i file one form 32 as Change in designation of Mr. A as alternate director of Mr. C or first cessation of Mr. A as an alternate director to Mr. B and Appointment of Mr. A as an alternate director to Mr. C