whether section 372A apply to following-

1.any loan/guarantee given by subsidiary to holding.

2.if S made to loan any body corporate and H gives guarantee to S.

Sir,

Can anybody provide me a soft copy of MoA and AoA of a private limited company proposed to be incorporated in mumbai.

Regards

Hi
what is the procedure to change registered office from chennai to kolkata?

Company A had one WTD who resigned on 29.01.2009 and another WTD was appointed on 15.05.2009. There was vacancy for four months.

Did the Company violate any of the provisions of Companies Act by not appointing or having any WTD for four months?

Regards
Rishi

As per Payment of Stamp Duty Act, stamping should be done before signing the subscribers page of MOA & AOA.

Kindly explain, how the above mentioned is possible in case of e-stamping?

can any one provide me Main Division of industrial activity of the Jewellery Manufacturing company to be filled in Form 1 at the time of registration

Hi....

In reckoning the prescribed limits under section 372A of the Companies Act, 1956 whether the paid up capital and free reserves as they stand at the end of the previous financial year in the Audited Balance sheet should be considered or the amount standing to the credit of the Paid up capital and free reserves on the date on which the proposal to make loan/ give gaurantee/ make investment is considered by the Board????? Please clarify.....

1.If a company making a contract with another company for purchase and one of director hold 1% & his wife 2% share in another company.
so whether as per section 299 director is interested and need to disclose his interest.

2.what is the scope of term "arrangement" under section.

Thanks in advance

X Ltd. is the builders & Developers collects advances from customers against the flats booked by customers.
Now X Ltd decided to pay simple interest on advances received from customers.

for example Mr.A makes advance payment of Rs. 10 lakh with X Ltd on 1st Oct 2010 in project of X Ltd.then demand raised by X Ltd of Rs. 1 lakh on 15th Oct 2010.Then on 15th Oct X Ltd. will pay to Mr.A Interest for 14 days on 10 lakh.

What are the implications of the transaction under Comapnies Act & Income TAx Act i.e is there any restriction on such transaction?

Hi....

We are in the process of filing form 8 for modification of charge.

Suppose,

1. Our Company has availed a Term Loan of Rs. 120 Crores from Punjab National Bank and created first pari passu charge on movable fixed assets by deed of hypothecation dated 30.06.2009.

2. Now, we have executed a Joint Deed of Hypothecation dated 25.10.2010 for creating second pari passu charge on movable fixed assets in favour of the Working Capital Lenders and for creating second pari passu charge on Current Assets in favour of the Term Lenders.

3. We are in the process of filing Form 8 for modification of charge created in favour of PNB as mentioned in point 1 above. the details of the modification will be like the Term Loan of Rs. 120 Crores is now further secured by way of second pari passu charge on the Current Assets of the Borrower.

4. If we notice the statement mentioned in bold fonts after Point 4 in Form 8, it is mentioned that in case of modification, the particulars should be mentioned as they stand adter the modification.

5. Now, my query is that in Point 6 of the Form 8 for modification whether we should select only the Book debts or both Book debts and movable property(not being pledge)?????

6. In my opinion, both the options should be selected because after the modification, the Term Loan of PNB will be secured by first pari passu charge on movable fixed assets and second pasi passu charge on the Current Assets but my cs is of the opinion that only book debts should be selected......kindly help in this matter as this is very much urgent!!!!!

Views of eminent experts are welcome please ........

Best Regards

Udit S. Sharma