I just wanted to know if Partnerships can issue commercial paper because if i go by the RBI definition it says


Who can issue commercial paper

• Corporates, primary dealers (PDs) and satellite dealers (SDs), and the all-India financial institutions (FIs) that have been permitted to raise short-term resources under the umbrella limit fixed by Reserve Bank of India are eligible to issue CP.
• A corporate would be eligible to issue CP provided –
• the tangible net worth of the company, as per the latest audited balance sheet, is not less than Rs. 4 crore;
• company has been sanctioned working capital limit by bank/s or all-India financial institution/s; and
• the borrowal account of the company is classified as a Standard Asset by the financing bank/s/ institution/s.

A partnership meeting all these three criteria, can it issue commercial paper

Transaction between 2 Private Limited Companies.

1) Guarantee Commission for loan facility availed by one company and other company is guarantor.

2) One Director is common (becomes related party transaction)

3) The company who is taking loan is having share capital below 1 Crore and Guarantor company share capital is above 1 Crore

We have a query whether approval from RD will be required for above transaction.

Can any 1 tell me what are the Statutory & Legal requirements for opening of branch office in different State of India By an Indian Company.

Hi,
Can someone advise if it is ok for a Pvt.Ltd.Company to accept a loan(account payee cheque only) from one of its directors ?

Kindly advise ?

Thank you.

Gireesh

A Pvt. Company holds 100 % shares in its subsidiary. Except one share all the shares are held by the Company and one is held by its nominee. Subsequently the nominee changes.

Please advice whether there is need to execute transfer deed and print share certificate for the new nominee?

Urgent:

In my company, the managerial remuneration falls under the category of Part B of Part II (4800000 p.a or 4,00,000 per month).

Kindly tell me whether prior approval by special resolution is required for paying the remuneration for the year 2011-2012 or we can pass the special resolution on the ensuing AGM to be held on 2012 -2013.

I want to know that whether it is required to file FORM-III (Form of return to be filed with Registrar) or it is sufficient to File Form-22B,& Attached FORM-I & FORM-II with it, because in my knowledge Form-22B has taken palace & now there is no need to file Form-III with Registrar.
& Secondly if we file Form-III, instead of file Form-22B to the Registrar then whether it is good in off or we have to file Form-22B & not required to file Form-III.

Sir please resolve my query. i want to know that can a director appoint directly as a director except AGM or whether appoint as an additional director

Whether a person qualified the final examination but awaiting membership can act as a Company secretary? Is their any problem in filing form 32 for such a person?

Sir,

please send me board of resolution format for surrender of sales tax registration in branch office for pvt. ltd co.


Please send me urgently basis