sir would like to know in case of consortium arrangement of working capital limits, do banks exchange pari passu letters every year of renewal,as customary or only if there is a change in the security or increase in limits other than change in interest rates, these letters are exchanged between banks

kindly let me know

What is the prescribed amount U/S217(2A)(i) and U/S217(2A)(ii)
THANKS

Please clarify! The Companies Act,1956 defines subsidiary.A company which holds more than 50% of the voting power or equity capital of other company,that other company is the subsidiary of the first mentioned company.But if a company holds just 50%,then would that be considered as subsidiary!!!

Is the sec274 (1)(g) aplicable for private companies?

I want some information regarding apllicability of Schdule XIV of
Companies Act, 1956 on Nationalised bank. Can somebody provide me detailed provisions in this regard, specially in case of adoption of rate diffrent from Schdule XIV.

sir, i would like to know when a company goes for a private placment/private equity then what are the preliminary steps to initiate the process, apart from deciding the amont to be brought in?, what are the practical things involved in it

I'm doing PCC. can u explain me how many days a company can keep it share application money before allotment and under which section?...
Thank u...

I'm doing PCC. In a company, bonus shares are issued from revaluation reserve.Can u please tel me the notes to attach in the balance sheet and if u give an explanantion with a case law, it will be great helpful for me in my further proceedings and under which section it is prescribed. hoping u will do for my need.
thank you

I'm doing PCC. In a company, bonus shares are issued from revaluation reserve.Can u please tel me the notes to attach in the balance sheet and if u give an explanantion with a case law, it will be great helpful for me in my further proceedings and under which section it is prescribed. hoping u will do for my need.
thank you

i like to know is it necessary to have cost audit every year..
is there any exemption for non conducting of cost audit.
which are the section i should refer for a detailed knowledge