Can a Private Limited Company have Investment of its Shareholders (not public) money in Shares, Mutual Funds, Bank Deposit as the main line of business ? If so, is any permit from SEBI, RBI required ?

Can any one provide me the checklist for Postal ballot ???

I am running a sole proprietorship business. I want to know what are the conditions when Private ltd. formation is required/compulsory.

hi
can anybody tell me whether company can create charge on the assets which are not yet acquired.suppose financial institution insist us to create charge on the vehicle which are yet to be acquired, whether company can create charge and give security of the future vehicle? kindly quote any case law or article on this.


urgent pls-------------------

Dear All

please tell me the process of changing the main object cluase of the company where company is a private limited company and most of the shares are held by foreign company and foreign nationals if EGM need to convene the concept and form of shorter notice is also needed

Whether disclosure given by a director under Section 305 of the Companies Act, 1956 has to be placed before the Board then and there (or) a general notice given by a director under Section 299 can be placed before the Board at the last meeting of the financial year.

Expert views are solicited

Can a private limited company take loans from its directors, as Section 372A only specifies for making loans, giving Guarantees etc.

Dear All,

If company issues a duplicate share certificate, whether stamp duty is payble in following cases:
1. When duplicate share certificate is issued in liu of:
a. Share certificate lost / misplaced
b. Sharecertificate measfisened / torned
c. Consolidated or sub-divided

If stamp duty is payble, how much it shold be paid?

Can any one tell me the procedure for renewal of DSC??????


Thanks in advance

Dear Friends / Experts,

I need to know whether Section 274(1)(g) shall be applicable to all companies or it is applicable only to

- Public Company and
- Private Company, which is a subsidiary of Public Company

I noticed somewhere that Section 274(1)(g) shall not be applicable to a Private Company, which is not a subsidiary of any public company.

- - - - - - - - -

A friend of mine is working in an audit firm, who used to collect letter from each director of private companies (which are not subsidiary of any public company) in connection with Section 274(1)(g).

Also, the auditor of the above firm would mention in his auditor's report regarding Section 274(1)(g).

- - - - - - - - -

Though it may be a good practice to obtain such letter from directors of private companies (which are not subsidiary of any public company) and mention in the auditor's report regarding section 274(1)(g), my query / doubt is,

- whether Section 274(1)(g) is strictly
not applicable to a private company
(which is not a subsidiary of any public
company).

- whether auditor's report does not
require at all to mention anything about
Section 274(1)(g) in the case of a
private company (which is not a
subsidiary of any public company).

To understand something for the day, I request the Friends / Experts to express views on the above queries.

Thanks.