If a listed company wish to furnish corporate guarantee for loan taken by other group company from any Bank, whether, consent of Central Govt. is required u/s 295 of Companies Act, 1956 (for providing corporate guarantee).

Dear sir,
Please let me confirm that is CFO Certification on financial statements applicable to a Private limited company ? and suppose it is applicable, is it opional or mandatory for a private limited company ?. In my opinion this is applicable only to listed companies as per listing agreement Clause 49(V).

Facts of the Case:

• Mr. A has been appointed as MD of ABC Ltd for a period of 5 years without drawing any remuneration.

• Mr. A is an employee of PQR Ltd.

• It is proposed to appoint Mr. A as Director of PQR Ltd.

• By virtue of provisions contained in Section 269 of the Companies Act, 1956 Mr. A shall be deemed to be Whole Time Director of PQR Ltd.

• Pursuant to his appointment as Whole Time Director of PQR Ltd, can Mr. A continue as MD of ABC Ltd.?


Regards

CS Udit Sharma

how many number of allotee can allot preference share on single allotment date by a public limited company not a listed company

how may number of allotee can allot preference share on single allotment date by a public limited company not a listed company

Are chairman for the board and chairman for the board meeting same..?? If not, whether both have the power of casting vote..??

Dear All,

What if a Ltd.Company gives audited results for the last quarter and wish to extend its AGM...

IS IT POSSIBLE TO DO THAT?

or we have to give unaudited results to the exchanges and then to extend AGM

Waiting for your ans.

Thanks & Regards
Siddhi

Which Documents are required to be compulsorily attached with E-Form 32 being filed for cessation of Director due to Death of such Director?????

we have a Public Ltd., company , Doing Real estate business we need some funds to develop the company and for expansion. How can we get funds, Shall we go for deposits with out taking RBI permit-ion because we r not NBFC's our company under comes NBNFC Non banking Non financial company.
Shall we take funds (Deposit) by giving pledge of Company assets.
Kindly sujjest a best way to get Deposits

Dear All,

Section 192A is espacilly applicable for listed company and businesses mentioned under Postal Ballot Rules 2011 can be transacted only through Postal Ballot or in general Meeting Also.

Regards,
CS Ranjit K Singh