My query is that if a director takes loan from company, is it mandatory to pay interest on that loan? if yes than what percentage of interest should director pay.

sir,

can anybody tell me what is the exact minimum authorised capital required for using word "india " in the mid of the name of a company.

I am little confused because as per Draft of the Companies (Name Availability) Rules, 2011 it is Rs. 25 Lacs whereas everybody is telling me for Rs. 5 Lakhs.

Thanks & Regards.

I WANT TO KNOW THAT THE PROCEDURE FOR ANNUAL FILING OF SECTION 25 COMPANY IS SAME LIKE ANY OTHER PRIVATE OR PUBLIC COMPANY OR THERE IS ANY DIFFERENCE IN THAT & IF THERE IS THEN WHAT ARE THOSE DIFFERENCES IN ANNUAL FILING.

is there any case law which says that section 297 applies on Immovable property????

Reply soon

My client deposited the Incorporation fees and stamp duty to the respective accounts through NEFT. While the chalan was an offline chalan. Therefore it could not be linked. So i tried generating NEFT chalan, but when trying to link the same the system prompts that the NEFT payment date cannot be earlier than the SRN date. Now MCA says that whole amount has to be deposited again and there is no refund mechanism available for NEFT payment!!

Request our fraternity to kindly advise on this issue and also request MCA to give solution in case such error occurs without loss to budding entreprenuers.

The company has following structure regarding capital in 2003:

Authorised Capital: 1 Lac
Paid Up Capital: 1 lac

Now the company increases its Paid up capital to Rs. 3,00,000 without increasing Authorised capital!!!

Later on company filed form 5 in 2005 increasing Authorised Capital to Rs. 5,00,000.!!! (from 2005 date)


What is the impact of this????

Can we do something to rectify this???

Can we leave the 15 Months Training afetr 6 Months????
What Formalities are required for this????

A Chinese Company is holding 99.99% shareholding in an Indian company (Incorporated in Kolkata) so in this case whether the Indian Company will be considered as " Foreign Company ".

If it will be considered as foreign company then apart from Section 592 to 602 will any other sections will be applicable as a foreign company.

Dear Sir,
I want to know that we had applied for formation of new pvt. ltd. co. having 4 promoters and name is approved. Now we want to add one more promoter in AOA & MOA. How can it be possible? Please suggest...
Thanks

Dear sir,

I am in the work of conversion of public limited company into private limited company. I know the procedure for that.

Now my question is, In public limited company there are 7 share holders and subscribers in AOA & MOA. But now only two subscribers in the private limited. So far, I didnt filed form 23. What are the procedure for that.

Thanks in advance