Sir,

Please clarify whether section 372A of the Companies Act, 1956 (inserted w.e.f. 31/10/1998) is applicable to NBFC. On the above I am of the view that this section is not applicable to NBFC in the wake of the following-

a) Sub Section 8 ( a ) ( i) exempts certain companies viz banking insurance and housing finance companies and also companies established with the object of financing industrial enterprises; and


b) Also section 45 Q of the RBI Act, 1934 overrides other laws which have provision inconsistent with the provision of the RBI Act. Prudential Norms directions issued under section 45JA of the RBI Act have specific Para 20 (Concentration of credit/ investment) which regulates the lending and/or investment limit to single/group of borrowers . As such provision of Para 20 would override section 372A by virtue of section 45 Q.

I want to that a Pvt. Ltd. company which is currently registered with delhi roc wants to set up a branch office in other states which will operate in same business as they are doing in delhi.

Now the question is that do the company need to intimate to roc?

if yes then is there any form or any other manner by which they have to intimate.

Thanks

plz share a format/copy of the general notice/advertisement to be published in the newspaper for change of registered office of the company from one state to another...

Can a private limited company issue shares to Directors at X amount & to non directors at Y amount (at premium)at the same time?

Pvt. ltd company hold 1st agm on feb-11 by closing accounts for 15 months on 30 sept-2010. now closed accounts for 15
months as on 31-12-2011 can you pls. suggest me when can be cut of date to hold second agm?

Dear Expert,
A Private Limited Company has requested a certificate of non applicability of Sec 295 and 372A for submission to bank. My question is whether Sec 372A and 295 applies to Pvt Ltd Co? If no can I give such certificate.

how can we find that particular company is in default list?


what are the crietria specify that particular company is follow under default list?

HELLO FRIENDS.......

WANNA KNOW THAT CAN WE APPLY FOR 'DIN' PHYSICALLY.......?

PLease guide me what is the start to end procedure for postal ballot, its urgent. thanks in advance.

We are Incorporating a company, it is NIIT based company so can anyone suggest me the objects to be write for incorporating a company.