Mine is a family owned private limited company with a share capital of Rs Fifteen Lakhs
We want to start the business of giving loans on interest basis against security of movable and immovable properties.

Do we have to obtain any licence for from any authority and do we have to inform ROC or RBI of starting the above business

suppose 31.03.07 are not filed with ROC can one file 31.03.08.?

there was no business upto 31.03.07 but compay had prepared balance sheet

My co. is a pvt.Ltd. Co. and want to increse paidup capital under the limit of authorised capital.18% shareholders are outsiders so its necessary to give notice to them because intention of incresing the capital is take them under category of miniroty.

If co doesnt issue them notice what they can do.

Please guide me.

thanks in advance.

if a private company wants to lend its fund(momey)as loans & advances to the outsiders then what is the minimum rate of interest?
whether any minimum rate is precribed by RBI?

tell me the Section number of the act..

I am private limited company, I want to appoint Director, whether I can appoint director in the EGM itself or else i have to first appoint Additional Director in the Board Meeting which will further confirmed by AGM to appoint as Director.

Please reply soon. Thanks in advance.

Dear All,

Kindly tell me if i maintain soft copies of the Statutory Register & keep the same in records will it be ok or simultaneously i need to maintain the same physically

Please Reply

Can a private limited co. accept share application money beyond its authorised capital. say auth cap of ABC pvt Ltd is 30 lacs and paid up cap is 25 lacs.

It has received share application for Rs.15 lacs. Is it correct?

Company intends to increase the authorised capital at the time of allotment which may be after 2-3 months.

Please tell me sections regarding how can we increase capital so that some shareholders (presentaly they r having 18% of paid up capital) become minorities. Can we have to give notice of Board meeting to (In which we r increasing share capital)them.

Thanks in advance.

Who is a Shadow director? What is his role in the company? How is he different from the other directors?

Whats the diffrence between Charge & Morgtage