CAN A COMPANY GIVE LOAN TO RELATED CO. 4% HIGHER THAN THE LOAN GIVEN BY BANK TO IT

e.g. x co. take loan from bank @ 16% and same loan x co. give to its related co. @ 21%.

can it viable. the related co. is listed with NSE. and required CARO report.

plz give guidance.

What is the treatment/Presentation of Miscellaneous expenditures other than profit & loss Dr. balance (as there is specific guidlines to show it under Reserves & Surplus) in Revised Scedule VI ???

Hi,

Please tell me whether a private company can issue Right share if not mention in AOA?

I HAVE ONE PROBLEM THAT FOREIGN CITIZEN HAS GIVEN A LOAN IN INDIA AND NOW HE WANT TO FORM A COMPANY IN INDIA AND HE TELL ME THAT PLZ TRANSFER LOAN AS MY SHARE CAPITAL CONTRIBUTION FOR ISSUE OF EQUITY SHARE. IN THIS CASE FUND IS NOT RECEIVED FROM FOREIGN BECAUSE LOAN IS TRANSFER. PLEASE REPLAY ME THAT IN THIS CASE FORM FCGPR IS REQUIRE TO FILE OR ANY OTHER PROCEDURE WHICH I HAVE TO FOLLOW.

while auditing of private co, is it prerequisite to submit the director report & CA has to see wheather it is submitted or not?


what is the relevant importance of director report in Auditreport issued by the ca

We want to change the name of the Company alongwith conversion of the Company from public limited company to private limited company.

For E.g. name of our Company is XYZ Limited and we want to convert into Private limited Company by making its name as ABC Pvt. Ltd.

Whether name change and conversion both toghether possible?

If yes, what will be the procedure?

Please reply ASAP.

Hello everyone,

MOA & AOA is ready. suppose i am filing form 1 today & stamp duty will be paid electronically today then which date should be mentioned in the MOA & AOA ?

urgently waiting for your reply ?

email id : caabhisheksingh2012@gmail.com

I have incorporate a private limited company. Now one of the share holder is in financial crisis and is unable to pay his share money.
Now how to remove him as a promoter and share holder as he has subscribed to MOA but unable to pay amount to company.
Pls help

Is there is a compulsion that director of a company (in both cases- public and private) should be a shareholder of a compsny????

It is necessary for a company to hold more than half of the nominal value of the quity share capital of another company to be called its holding compant ? Is Yes than why ?