Dear Expert,

Please guide me the provision of sec 295 & 372A in the below mention case:

M/s XYZ & Co. takes a home on rent from Mr. A( Director of XYZ & Co.), to provide that home to Mr. A for his residence.

Company also give some security to Mr. A for providing home.

Wheather this security is treated as loan/advance u/s 295?

Wheather provision of section 372A applicable?

pls explain in detail with section reference also.

Dear All,

Is there any other restriction on issuance of sweat equity share to Directors/Employee
apart from below two?

1. Atleast one year has elapsed since the date of Commencement of Business by Company before issue of Sweat equity shares.

2. The company shall not issue sweat equity shares for more than 15% of total paid up equity share capital in a year or shares of the value of 5 crores of rupees, whichever is higher except with the prior approval of the Central Government in Form 65.

I will be oblized if any body can explain point 2 with an example.

Regds,

Hi,

please reply me for the following query:

can a Company declare a dividend 5 times (Interim Dividend) during its financial year??

Thanks & Regards,
Nipa

a company was incorporated in 1992 and filed its return up to 1996. afterwards no filing was made by the company. company is having one land and also having unsecured land from directors as per 1996 balance sheet. ROC has struck off its name in feb 2007. u/s 560(6), there is one condition that if a member, company or creditor feels 'aggrieved' then they can file a petition. what we can take a plea for filing petition before high court.
please suggest me.

How many meeting of Board , pvt. Ltd. can have during the year ?

IS CLB permission (u/s.295 of companies act,1956) for taking xyz ltd. as co-borrower for the loan taken in personal capacity of directors to be submitted before disbursement.

Please give me full details about filling form to Roc and section 295?

IS it necessary to file 24AB?

Dear Sir,

Please tell me that if a director of a company who has already resigned from the directorship of a company is required to sign the affidavit / indemnity bond required to be signed under this scheme? The point to be noted here is that although the director has resigned and the Board of Directors has accepted the retiring director's resignation but there is no such intimation from the Company to the R.O.C. ?

Dear Sir,

Please tell me if there are any special conditions to be fulfilled by a Chit Fund Company to exit under Easy Exit Scheme 2011?

Dear Sir,
I had filed form 32 of a pvt. ltd. co. for resignation of directors. Now, in mca website, track transaction status shows it pending for action since 7 days. As now Bank has ask for search report about including present directors & resigned directors. as it is not appearing on the site of form 32 filed before 7 days, i am unable to give them search report. so, is there any way to speedup the matter at roc? whom to contact for speedup the matter.
Kindly give the reply.

Dear All,

As per circular on FDI - share has to be alloted with in 180 days from the date of share application money received from FDI.
Any unalloted money has to refund back immidiatly.

Now if company allot shares in every 180 days and

1) After 1st allotment Rs91 left for allotment.

2) After 2nd allotment Rs7 left for allotment.

3 ) After 3rd allotment Rs3 left for allotment.

My question is

a) Is it necessory to transfer back these odd Rs?

b) If yes, can we transfer back total Rs 101 all together?

c) What is the best mode to transfer back such small value?


Regds