We have incorporated one company name B, in which two promoters are there one A (holding company)and sencond one Mr.XYZ, MD of A. <br> Total subscription was 3,01,000 Equity Shares (30,000 (99.67%) holding by A and 100 (0.33%) by Mr.XYZ (Individually). <br> Mr. XYZ was MD but he has acquired the 100 shares individually. <br> Can you please tell me can we assume Company B Wholly owned subsidiary of A or Parent Company <br> I want the exact definition of Wholly Owned Subsidiary, Partial or Parent Company. <br> How Much shareholding required by the holding company to become B as a wholly subsidiary company <br> How much shareholding required by the Company A to become other company as a parent company <br> Please share your views as this is very on urgent basis. <br> I was confused as there are so many different opinion on this matter.

Hello Everyone

My company wanted to increase its paid-up capital by Rs. 10,00,000/- (Rs. 2,50,000/- from each of the 4 directors). On 25th April 2011, the cheques were given in the favour of the company from all of them but the amount of Rs. 10,00,000/- was credited in company's bank account on 27th April 2011.

But i filed e-form 2 with date of allotment as 25th April 2011. Will it be wrong to take 25th April 2011 as date of allotment as the amount was credited in company's bank account on 27th April 2011. However the cheques given by the directors were dated 25th April 2011 itself.

Please reply asap.

a director has got 2 DIN no in 2005 he is continuing his director ship .now the DIN cell has asked to file 32 for resignation with one DIN no .

what should be the course of action . if resign is being file should it be from 2005. and to retain him as director of company what need to be done to ractify the mistake

X CO=PVT CO
WHETHER X CO CAN ACCEPT DEPOSITS FROM Y CO [PVT CO] PROVIDED Y CO HAD ALSO TAKEN LOAN FROM OTHERS [SECURED/UNSECURED].

WHICH CLAUSE WILL APPLY 2[IV] OR 2[IX] OR NO CLAUSE OF ABOVE RULES I.E. DIRECTLY EXEMPTED B/C OF DEF U/S 3 OF COMPANIES ACT .
WHETHER THIS CLAUSE-ICD HVBEEN DELETED?

WHETHER THE ABOVE SITUATION COMPANIES [ACCEPTANCE OF DEPOSITS] RULES APPLY IF THE Y CO IS MEMBER OF X CO B/C [SEC 3-DEF OF PVT CO]

Dear friends we want maintain a register of resolutions which we are passed during this year, so we request to you please help us how to maintain it.

Dear experts

Can LLP formed with one resident & one non resident.

director want to resign from the company and is there any need of consentletter from remaining director or new director who has admitted as director recently and please also send me format of consent letter

Dear friends
I have to register a company with a foreigner(UK) and an Indian as the promoters. Now the Indian is working in UK and I can get the document (MOA, AOA, etc) signed from UK. But while filling Form No.1, I am not able to give separate data for permanent/present residential address. . Is there any way by which I can fill the data.
Or I have to update the data present/permanent residential address in DIN-4. What could be the proof of address in respect of a person whose present address is UK. Whether the signature in the Declaration annexed with DIN-4 or DIN-1 need be in made in the presence of a professional. Please clarify.
An early reply in this regard will be highly appreciated. Thanks in advance.

Santhosh

Dear Members,

A public company given guarantee (within the limit) for the Loan to its subsidiary with out any resolution. But within 2 months of event Board understand the importance of resolution and want to ratify the action in the next Board Meeting.

Can it ratify the guarantee given earlier?

seeking your opinion / ideas, please.
Regards
K Degaleeswaran

Hi..

Please solve this query on urgent basis.

" What is the status of a Public Unlimited Company? What are the difference between Public Limited Company & this type of Company. Are all sections of the company law, applicable on the Public Unlimited Company. There is a company - ABC Capital Services India. It has not used Limited at the end. but the Master Data shows that it is a Public Company as well as Unlimited."
I am really very very confused. Please resolve this as soon as possible.

Thanks & Regards,

Alok Dubey