Dear All

99% Shares of an Indian Pvt Company are held by a foreign listed public company. The balance 1% shares are held by a foreign individual. But, the beneficial interest is vested with foreign listed public company.
Now, does the Indian pvt co can be considered as subsidiary of public company as per the provisions of Sec 4(7) of the Companies Act, 1956.
Please clarify at the very earliest.

What are the resolutions required to be passed at the Board meeting only i.e. can not be passed through circulation.

Sir/madam
I want to register a firm in a LLP act 2008.how i will do??

what is the proccedure to change the name of a private limited company

in the act there is provision that if public co. give offer to more than 50 members than it will deemed as public offer then co. hv to follow the procedure which include prospectus etc.

now the problem is:

1.in a public co. (unlisted)there are more than 50 share applicant but co. has not follow the procedure of public offer at the time of giving offer n now is is too late.

2.if the co. treat apart of share application money as deposit then there should be the procedure i.e advrtisement of deposit etc. but it is also too late.

3.now what should co.will do at this time.

PLEASE TELL THE MEANING OF INADEQUATE PROFIT FOR GIVING REMUNERATION

ACCORDING TO ME A PUBLIC LIMITED COMPANY CAN TAKE LOAN FROM SHAREHOLDER & BODY CORPORATE. IS IT CORRECT? WHETHER IT CAN TAKE LOAN FROM BANKS/PFI/INDIVIDUALS. ETC
PLZ REPLY AS SON AS POSSIBLE .
ITS URGENT

What do u mean by Green Shoe Option? Is it Beneficiary for Investors?

what is the meaning of the term "Principal Business" of a Company under the Companies Act, 1956.

Kindly provide a reference where I can find the definition.

Hi Experts!

Plz tell me whether a public limited company can take a SECURED or UNSECURED LOAN from an INDIVIDUAL( e.g.- Mr. X)

Plz tell me the Appropriate Section as per Companies Act

ITS URGENT.