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

is there any circular in 2005/2004 which gies exemption to companies from hiring company secretaryd, on any pretext???

On what basis can a company claim that it need not appoint a company secretary even though share capital is more than 2 crores and is a limited co

hi friend

i have filed form 1a - name approval forf the of the concern. the form is also approved by the roc.
the problem is i have entered the address wrongly ???

now wat to do ???????

Hello,
I have done applicaton for DIN and which is also alloted to the director's of Client company. what shall be the further procedure for filling of form2 and form3? Is digital Signature required for that? how it works?

Hello,
I have done application for the DIN and which is also Alloted to the client companies directors. what should be the further process for DIN2 and DIN3 forms.
Is digital Signature Required for this forms? What is the Details procedure for filling of form2 and form3 ??

Hello,
i want to know the practical procedure for dissolution and voluntary winding up of the private limited company ?
please help me out. or just give me in reply the various resources that are avialable in the internet.
thanking you !



prakash jajotar

I amlooking for answer with some sections or case law. My question is during a interview they ask me that if board declare dividend which is later passed by member but company did not pay then what will happend

When a company has advance receivable outstanding from a educational society ( it being registered under society registration act, 1860) members being same in majority, does it needs to be disclosed in the auditors report in the annual return??, coming under the same management, section 370 (IB)

OR
another interpretation is that the Sections like 301,370(IB) does not attract as it is not assigned a corporate status, being registered underthe society registration act, 1860

Question is how to substantiate that the disclosure not made in the Auditors report of annual return is correct??