There are two companies ;Company-1. an established pvt. mfg. company having a business potential of 30-35 crore ( having production capacity to double) and assets value of Rs,10-15 core. Company-2. is a newly formed ltd. compny in business is less then two year and turnover is around 5-6 crore. Is it correct to make the company-1 to subsidiary of company-2( which is a ltd. company).
Can any one suggest me a correct answer! if not what best thing can be done in view of a public issue in future?

Recentely I have joined in an organisation, there is no documentary evidence of minutes of various meetings i.e. Board and AGM since its formation in 1993. What should I Do to make the system update? What is the period limit for keeping the minutes? Can any body update me in the matter.
Santosh

hello
Can u tell me the relevent section pl????
It means our client can operate bank account for capital as well as working cap expenditure provided there are no foreign investors.. am i correct????
pl reply ...

Regards
Sangita

For some reason a businessman fails to furnish report as is required by U/S 44AB. What is the Min and Max Penalty charge by Assessing Officer?

For change in Company name of a Private Limited Company, we have submitted Form 1A & proposed name available -as per email from ROC. Now new name is automaticaly effective or still there is any other forms/ procedures to be completed ? Central govt approval & special resolution, for change in company name, are applicable to private limited company as well ?

Hi frnz,
dis is regarding Commencement Of Business Certificate (COC). One of our client's bank account has been credited with share application money. They have one query that whether they can use the share application money for capital exp like purchasing AC, fRIDGE etc etc. They have not yet received COC. Its still in process.. can u pl comment upon this doubt????????
Waiting for a reply...

Regards
Sangita

A director of Pvt Ltd Co resigned from Board by giving a regd notice to the Company with a copy to the ROC and AD cards have been recd but the Company is not filing Form 32. Whether he continues to be a director till filing of Form 32? If so what should he do to complete his resignation in the records of ROC?

CAN ANY ONE GIVE ME THE FORMAT REQUIRED FOR NBFC COMPANIES FOR NOT ACCEPTING DEPOSITS

DO I HAVE TO PASS THE RESOLUTION EACH YEAR FOR NOT ACCEPTING DEPOSIT ON ONLY ONE TIME

sumit

Is it possible to demerge the business of a private limited company having negative networth .

A reputed group is also looking to engage some one having office in delhi to deal with demerger .

Kindly contact


Sandeep Rohatgi

9868705794

As per Sec-372A, A public limited company can not make investment exceed the prescribed limit under that section.
Can it possible that a public limited company invest 100 % of Paid up capital in another company by passing special resolution in EGM ?
Please site suitable case laws, if any,in reference of this provision.
If there any difference if investee company is infrasture company or Pvt. lmited ?