What are the penalties & consequences if a Private limited company is violated section 3(1)(iii)(d) by accepting unsecured loans fron individuals other than dirctors,members,shareholdrs & ther relatives?

Can anyone help me with the following?

if there are sale - purchase transactions between group companies and the companies are having the agreement, then in which board meeting we have take note of S. 301 Register?? (In Pvt Ltd company)

Is it every 1st Board Meeting of current financial year we have note down for the last financial year??

dear all is there any book from where i can get the format for letters in case of FDI and rbi related documents

Respected Sir/Madam,

Please tell me the step by step process to filling the MCA forms(For e.g Form1A, Form1,Form 18 and Form 32) for Incorporate a Company. and Please teach me the differences of these forms.
If any book or links i can refer so please suggest me!

What are the procedure for getting approval/permission of FIPB in case of Foreign Investment in India in Textiles & Garmenents?

Wheather we can give our company name as 'UNIVERSAL BUS AIR CONDTIONING PVT LTD "or LLP as UNVERSAL BUS AIR CONDITIONING LLP or any of the following name
1.ULTRA UNIVERSAL BUS AIRCONDIONING
2. SUPER UNIVERSAL BUS AIR CONDITIONING
3.MEGA UNIVERSAL BUS AIR CONDITIONING
4.UNITED UNIVERSAL BUS AIR CONDITIONING
WE ARE READY TO FORM EITHER LLP OR PVT LTD COMPANY WITH ABOVE NAMES.

PLEASE ALSO MENTION THE MINIMUM PAID UP CAPITAL REQUIRED FOR USING THE WORD UNIVERSAL.

is there any formality/compliance to be fulfilled by a company dissolved under Section 560(3) under EES?

Dear All,

We are a public limited Company with all non-executive directors.

We have authorised two directors for gigning the share certificates as per the Companies (issue of share certificate ) Rules.

However the directors are willing to appoint a power of attorney (two different persons) for the same who can sign on their behalf.

Can anyone provide me a draft POA for the same please.

Also whether this POA needs to be registered?? or notarised POA will serve the purpose....

Thanking All...

I have upload form 1 but no challan for ROC charges has been generated at that time.

how i can generate the challan for that uploaded form 1 ?

NR [person of indian origin] booked a flat with a property dealer & after few months she wants to cancel the booking agreement & tht builder will issue cheque in Rupees & such ch is deposited in NRO a/c


now the problem is in master circular on transfer of immovable property dated
it is stated tht



6. Refund of purchase consideration



Refund of application / earnest money / purchase consideration made by the house building agencies / seller on account of non-allotment of flat / plot / cancellation of bookings / deals for purchase of residential / commercial property, together with interest, if any (net of income tax payable thereon) may be allowed by the Authorised Dealers by way of credit to NRE/FCNR (B) account, provided the original payment was made out of NRE / FCNR (B) account of the account holder or remittance from outside India through normal banking channels and the Authorised Dealer is satisfied about the bonafides of the transaction.


but nowhere they've mentioned regarding NRO a/c

In Master Circular No. 3 /2010- 11 on NRO a/c it is stated as" legtimate dues of the account holder" as permissible credit

so if we go by the circular on NRO a/c there is no problem.But if
we go by circular on transfer of immovable property.there can be two possibilities

1. since point 6 in master circular [transfer of immovable property] odesn't mention abt nro a/c it means it's not permissible
2. main intention of law is no taxable income of nr should go out of india w/out tdstherefore by default [going by master circular on NRO a/c]it would be permissible

wht forms require to be submitted as per fema & IT act