Dear Experts
Please let me know the procedure of appointment of additional director and what will be his tenure....

Regards
Sobhit

Is it mandatory to appoint first auditor in the company by filing form ADT 1 even if it is a loss making co. And is in the 2nd year of its operation?

Dear Sir,
1.Can we appoint another director(i.e., Director2) in one person company?
2.What is the procedure to appoint in one person company?
3. Can the appointed new director(i.e, Director 2) sign all the documents/statements on behalf of original Director(i.e.,Director1)?What is the procedure to delegate powers to New Director(i.e.,Director2)?

4.Is that appointed new direction(Director2) is considered additional director or normal director?

How to check the compliances of sec. 185 & 186 of companies act 2013-Loan to directors, related & body corporate?

Whether it is sufficient if u check any loans given during the current financial year or we have to take into account of the loans already existing ?

Also please tell me how to understand the point in CARO 2016 i.e is it sufficient if no new loans are given during the current year?

Thanks in advance

Dear Experts,
Pls clarify can A pvt. Ltd company give the loan to individaul? If so what's its criteria

Regards
Manish

Hi, Two Questions
We have to check the limit (60% or 100%)
1) on Date of Board Resolution or on date of disbursement of Loan.
2) on Basis of Un-audited accounts or Audited Accounts (No where it is mentioned that it should be as per audited accounts, Normally act clearly say as per last audited results..if it intent like that)
Please give you opinion ....... with if your opinion is as on date of disbursement of loan & as per audited Accounts please give the basis for the same..
Thanks

An IT company wants to start a wholly owned foreign subsidiary in UAE through the automatic route. I want to know
1. what are the applicable laws and the provisions for this?
2. what approvals the company needs to take and the concerned authority?
3. what is the procedure to get the approvals and the required documents to be submitted for the same?

Dear All
More then 1000 persons have been holding the share of XYZ public company. Pls let me know how to maintain the record of shares & shares holders?

Thanks & Regards
Swapnil Gupta

Dear Member,

Can a Foreign Holding Company give loan to Indian Subsidiary Company?? What are the compliance associated with it??

Our Investor is a Dubai Company and due to some compliance they want to invest in Dubai Company only. So they asked us to set up a Co. in dubai and make it as a holding Company of our Indian. Co. So the Holding Dubai Company will issue preference shares to the Investor Dubai Co. and hence the fund will flow to our Indian Company.

Is it Right process or is there any other option to brings funds from Dubai and what are the Compliance??