what do you mean by compliance certificate ? According to my knowledge, it is required every year while filing return and may be obtained from ROC.

How we know new amendment of Schedule VI of Companies Act.. Please..

can anyone tell me, what is requiremnts as per companies act? if a pvt ltd company increase the remuneration of its Managing director.

whether there is a requirment of any form filing with ROC ?

Hi,

Our company name is changed. can anybody tell me how many days i have to mention "formerly ----- " in our company documents and in which act/rules i can get the provisions regarding the same.

Regards,
Praveen Kumar.T

What do you mean by 'net worth of a company' ? Is it includes only equity share capital or preference share capital also.

Please Give me the entire concept of vote by poll & postal ballot.

1)Difference between SHARE AND STOCK with example.
2)Concept of REDHERRING prospectus.
3)Concept of SHELF prospectus.
4)Concept of ABRIDGED PROSPECTUS
5)GREEN SHARE OPTION -in issue of share .
6)Concept of PRICE BAND.

We are a India based company having a subsidiary in Japan and we wish to enter into certain transactios with this subisidiary. Do we need to get into central government approval for this transaction as subsidiary is a foreig company?

Can a nominee director be appointed as a managing director of the Company? If yes, than he must be in the employement with the company, after that what happens to his status with the company vis a vis with the instiution which has nominated him on the Board of Company?

Hello

It is private limited company. The company has obtained a short term loan from a nationalized bank. The bank has extended this facility to the company for financing the farmers who will be supplying raw materials to the company. The primary security is the hypothecation of receivables of farmers from the company. The company has given corporate guarantee which is collateral security. In addition to collateral security the company has given pronote for the loan sanctioned to the farmers. The fact is that the bank has given the loan on the strength of the credit worthiness of the company for its working capital. What the bank gains is that by terming the loan as “financing to farmers”, the loan will be classified by the bank as loan to “Priority Sector”. The loan was released in the name of the company and the company has utilized the funds for its own use.

Is it a secured loan or unsecured loan or current liability?

Kindly advice how to disclose the outstanding in the Balance Sheet of the Company when the balance sheet is prepared in accordance with Schedule VI of the Companies Act.

V.Veerappan