Sir,

We are having a unlisted public ltd company. We want to start another Pvt Ltd company. Whether the MD of first company has become also MD of the second company. If possible whether he can get salaries in both the companies.

I took a loan of Rs 1 crore from an investor to open a shop. I pay him interest of 15 lac at the end of the year.

I deduct tax at source from the interest that i pay him. Other than this, how can i inform income tax dept that i pay interest to this person.

23rd March 2011

Dear Members

Kindly inform whether a closely held Public Limited Company can avail Interest free unsecured loan from a Private Limited Company. Please note that the lender (private company) happens to be the shareholder (holding company) of the public limited company (borrower)

with regards

R. Muralidharan

Can a Director be appointed retrospectively

Can Board of Directors increase cumulative dividend from 3 % to 15% ?

Plz send me procedure and specimen of doc. and resolutions required for change in object clause of MOA.

Sir,
We have group of private companies.
Co. A giving loan to Co.B . Directors of both companies are same. Shareholders are also same. Will dis contract come in Register of contracts?

Is there a list of contracts specifically for the purpose of this section?

Please guide as early as possible.

Hi,
pls. give brief procedure regarding chane in registered office from one state to another.

Dear All,

Is there any separate ROC office in Navi Mumbai?

Regards,

Sukanya

22nd March 2011

Dear Members

ABC Limited is a public limited company. XYZ is a Private Limited Company.

XYZ holds about 90% shares of ABC. Therefore ABC Limited is a subsidiary company of XYZ Pvt Ltd

Kindly inform whether ABC Limited can avail unsecured loan from XYZ Pvt Ltd which happens to be its holding company as well as shareholder.

Whether this would be a violation of Section 58A read with Deposit Rules of Companies Act

with regards

Muralidharan