Can a Private limited company can give loan or advane to its Director or his Proprietorship Firm. Paid Up Capital 10 Lakhs, Reserve & Surplus (Premium) 100 lakh, Willing to Provide loan or advance of 50 Lakh to its Director or his proprietorship firm for 1 year period. Let me make it clear that the company does not have accumulated profit and do have reserve & surplus from share premium. Will that be taken as deemed dividend

dear all

i want to know that wich are the resolution wich requires special notice ?

and by whom special notice shud be send to company?

plz, reply me as soon as possible.

Hi. what is the procedure for allotment of shares in Limited Company not Private Limited. Moreover do we need to file form 23 in this case to MCA.


Please reply
Thanks

Can a Private limited company can give loan to its Director or his Proprietorship Firm. Paid Up Capital 28 Lakhs, Reserve & Surplus (Premium) 248 lakh, Willing to Provide loan of 100 Lakh to its Director or his proprietorship firm for 1 year period

Sir/Madam,

I want to ask that where the shares of existing auhorised share capital is fully alloted and after filing form 5 for increase in authorised share capital can we immediately fill form 2 for further share allotment in a pvt. ltd. company?
If no technically what problem will come in our way??? Plese reply!!!!

to acquire din , director of a company or person proposed to be a director of a company has to file din 1 at present only,

but previouly one should have to file din 2, 3, 4, respectively . my que. is that is this also any requirement of filing din form 2,3,& 4?

urgent
plz, reply .

What will be the consequences if the AGM is held after the due date ( after 6 months from the date of Balance Sheet) but without obtaining the aproval of ROC ?

Dear All,

I have two queries:

1. If a nbfc pvt ltd is merged into non Nbfc listed company
what will be the status of non nbfc company, will it automatically become nbfc company

2. can a nbfc company be demerged into two nbfc companies

Waiting for quick reply from experts

thanks

Loveleen Gupta

Dear sir,
My client is a Pvt. Ltd. Co. having 5 share holders, out of which 2 are whole time directors. Now they want to appoint one more director to the co. (other than existing members. My queries are :
1) whether this time, i. e. in the month of March 2010 can a new director can be appointed if yes what all points to be taken care of generally.
2) Specific query is ; whether can he be appointed as a director, in this month & the shares that a director has to subsricbe, can be made at a later date, i.e. after the AGM i. e. more than 6 months after his appointment?
3) in my question No. 2, if the shares has to be subscribed then does he eligible for any dividend declared for the F. Y.2009-10, which is to be declared in the month of Sept, 2010 A.G. M.?
please clarify my queries at the earliest.
Thanks in advance.

can a private limited company issue unsecured debentures to its shareholders, the amount exceeds 10% of its paid up capital and reserves?
If it can, whether the cap of 12.5% interest is applicable on the debentures so issued?