QUERY 1:
X, Y and Z are the share holders and directors of XYZ Pvt Ltd

XYZ Pvt Ltd is a holding company of A Pvt ltd, B Pvt ltd, C Pvt ltd and D Pvt Ltd

If X, Y and Z gives loan to A Pvt ltd, B Pvt ltd, C Pvt ltd and D Pvt Ltd, will it attract the provisions of 58A or not?

Note: X, Y and Z are not the directors and shareholders A Pvt ltd, B Pvt ltd, C Pvt ltd and D Pvt Ltd



QUERY 2:
P, Q and R are the share holders and directors of 10 private companies and partners of a LLP.

Can a LLP give loan to the 10 private companies in which P, Q and R are the shareholders and directors?

On both the above cases, i need to know if there is any Sec 58A violation or any violation under the companies act.

a private company incorporated on 27.12.2007.What should be date of AGM for FY 2007-08, 2008-09 & 2009-10???/

Hi,
Can anyone plz explain me the step by step process to download the copies of companies documents from ROC (MCA website) by paying Rs. 50.

Thanks
Alok

Hello Sir,
my Query is regarding the resignation of director


the director has sent notice for his resignation of director 17/10/2010, the same is not accepted till 17/12/2010 in this case which date will be recognized as resignation

but the company filed ROC form 32 they have filled 17/12/2010 date of cessation

whether the director will responsible for the Act don between 17/10/2010 to 17/12/2010

Sale of immovable property to the one of director, who is relative. For sale consideration lacs as book value after depreciated.

What are the consequences and what are the formalities to be followed as well as company law and income tax.

Is it require any EGM or Board meeting is enough.

Please reply if any body could send the details with soft copies would be appreciated

Some residents of India wish to incorporate a company in India in which a company from Malaysia will be investing 55% of the share capital. The objects of the company is to provide medical and health services including educational services. Please let me know whether such investment is permitted as per law. Please give me a detailed reply in this regard.
Thanks in Advance
Santhosh

Can anyone provide me the Object clause of Company which is in the business of recruitment and staffing?Kindly mail me at:ajitacs@gmail.com

Respected Experts
If we apply for a company name approval to ROC through Form 1A & such - we also chacked the name availability in ROC site & also we given all the required details whatever is needed for name sellection like - name significance & object of the co - but ROC is not giving that name then is there any superior authority to whome we can apply for name approval.
Pls. reply soon
thanks
Debashis Mandal

I got name approval for a pvt ltd. i wud liek to extend the period by 30 days further as i couldn get things ready. which form should be used. can i make online application?

Hi Experts!

A private limited co. incorporated in july 1996,with 8 shareholders and 3 directors, having its operation in the year 1996 & 1997 and thareafter there is no business in the company.


The company doesn't file its Annual Account and Return with ROC since its incorporation.

In 2010, the directors want to Regularize the company and want to file Annual Account and return in ROC.

Majority of the directors says that filing of 2-3 years accounts and return in ROC is sufficient as there is no business and filling of all the years accounts in ROC would attract big amount of additional fee (Rs. 150000/- approx.). They also says that they can resolve this matter in AGM as all the shareholders are the relative of the directors and nobody have objection on this.

State your views,
1. Whether the contation of the directors is correct?

2. If company is required to file the Annula Accounts and Return for all the years since its incorporation, who will bare(co./SHs/Dir.) the expenditure of Additional Fee?

Thanks in Advance.