Dear Sir,

Company A has a limit of Rs.100 crores under section 372A as per last audited accounts. It has invested and has given loans to bodies corporates to the tune of Rs. 80. Also it has given corporate guarantee of Rs. 50 by getting approval of Board for which ratification is pending in AGM/EGM.

In the meantime, It requires to give loan of Rs.10 to other bodies corporate with in the balance of limits avalaibale under section 372A ie Rs. 20 (Rs.100 total limit as per audited accounts less Rs. 80 already invested).

Can we do this? kindly arrange the view with case laws if any.

If a company changed its name from ABC pvt. Ltd to XYZ Pvt. Ltd & further after some time it again wants to restore its name as ABC PVT. LTD. after what time of the first name change can the company do so i.e. (again change its name to ABC Pvt. Ltd). Kindly quote the relevant sections.

Can we revise audited balance sheet, if yes what is the procedure and what is the time limit.

Dear All

Can anybody help me in providing me the following details:

1. Complete procedure for the Conversion of Private Limited Company to Public Limited along with the draft formats of the BR, Minutes, Notice

2. Is Certificate of Commencement required for such Conversion

3. Is filing of statement in lieu of prospectus mandatory

Thanx & Regards

Bhavik

Hello everyone,

I want to change name of a private limited company. There is no change in the main object of the company.

please tell me the process and give me the formats of required resolutions to be passed...


preetam batra
preetam_batra@rediffmail.com

please describe ----
applicability of the companies act, 1956 on statutory companies like LIC etc.
thanks

Company xyz was created on 22-10-2007. First Annual return and financial statements were filed for the FY 31-3-2008 as per section 166 read with section 210 of the companies act 1956.
Now company wants to change its auditors for the FY 31.3.2009. What is the procedure for it.
Company is filing its returns under CLSS.

OR

Can the company opt to hold its first AGM on 21-4-2009. In that case the auditors appointment is required to be made only after 7-7-2009 because the firm came into existence on 6-7-2009. Is it possible

I want to windup a pvt company by fast track exit mode 2011 of MCA. company is not active.

In fast track exit mode scheme it requires a affidavit by all directors and a indeminity bond as a attachment.

Whether any stamp duty is required for indemnity bond and affidavit ?

Dear Freinds,

Please guide me on the following issues:-

Brief about Company:-

A Ltd is a Public Limited Company having 1000 shares (6 Promoters + others are public). It’s a NBFC Non-deposit taking Company. A Ltd. wants to convert itself into Private Limited Company.

Queries in the matter of conversion from Public Company into Private Company:-

1.What can be the purpose of conversion?

2.In Private Limited Company the limit of members can only be 50, so what we do if public shareholders are not willing to pay their stake at EGM?

3.What will be the price offered to the shareholders for giving exist opportunity?

4.Is there any legal issues can be raised after conversion

5.Any other authorities permission is required e.g. RBI.

6.Please advice me on the above mentioned issues alongwith practical example if any cited.


Thanks in advance

Shanky Budhiraja

Dear All,

We have to pay share transfer stamp duty. The consideration amount is too large. I want to know the denomination of share transfer stamps ???

Thanks in Advance.