Government Company: means any Company in which not less than 51% (fifty one per cent). of the paid-up share capital is held by:-

♠ The Central Government, or Any State Government or Governments, or Partly by the Central Government and partly by one or more State Governments, or includes a Company which is a Subsidiary Company of such a Government Company;

My query is.. one company A ltd. is a public limited which 30% stake held by state govt. directly and 10% held by government bodies and one another Government Company wants to hold 15% stake of that company.
my question is, Can a Government company can hold stake of A ltd. ??
If that govt. company will hold that stake then status of A ltd. will be called Government ??
please suggest

I have a query.. can we modify moa and aoa for change or appointment or retirement of director everytime.. ?

Who is a shadow director ? What are his duties & obligations ?

What is the benefits derived by him on being a shadow director ?

A private limited company has given loan of Rs.10,00,000/- to another private limited company on 08th Nov. 2013 ( When Section 186 of the Companies Act, 2013 was not in force) , the same is appearing in the Balance Sheet as on 31/03/2015 under advances to other.

Pl. know is there any limit for the repayment of the same or I has to qualfity MGT-7 under whether company has complied with all provisions of the law or not.

Can any body share format of Declaration to be given by director for the giving loan to company that it is from his networth.

can a company issue optionally convertible preference shares as per companies act, 2013??

urgent.

Thanks

There are 2 partners in a firm "A" and "B". now they decided to convert their firm into LLP. but "b" is not interested in continue so he want to retire. new person "C" will be partner in new LLP firm instead of "B". my question is when "B" has to retire i.e after converting to LLP or before that?. how can convert this firm without taking DIN and DSC in the name of "B"?

Sir

As per companies act every company have to mention cin no on every invoice, latter head etc,.
same way llp have to do this or it is optional?


DIN no have to mention by every directors on signature of director.
same way DPIN no also have to mention n by designated partner.

How can a Private Company accept money from an outsider who is not a shareholder nor a director or a relative of director without attracting deposit provisions and without issuing shares to him?

Please revert.

Thanks.

26th July 2016

A closely held public limited company has paid-up capital of Rs.12.00 crores. As per new companies act 2013 the company is required to rotate its statutory auditors.

As on the date of commencement section 139 of new act (1st April 2014) the existing statutory auditors have already completed 13 years in office. Due to the grace time provided under the Act the existing auditors can continue in office for another three years. At the AGM held in 2014 and in 2015 the existing auditors were re-appointed (covering the financial years 2014-15 and 2015-16.)

My query in this connection is whether the existing auditor can be re-appointed for one more year at the ensuing AGM to be held in the year 2016 (covering the financial year 2016-17).

with regards

Muralidharan