Hello,

The promoters of the company are also the directors of the company and they had made business expenses on behalf of company before and after company's incorporation. Now we wish to book such expenses as loan to company and then issue them equity shares in lieu of their loan as the company dont have funds to repay them. One of the solution can be to pass a special resolution under section 62(3) of the companies act, 2013, but the same needs be done. But over here we got to know about taking such a step after a year of incorporation. And also we have passed necessary board resolution and Special Resolution for increasing authorised capital immediately after incorporation and hence there in no scope for passing any other back dated resolution at the time of initial days of incorporation. Can anybody help me in structuring of such allotment against loan in this matter?

I want to wind up a company which has only Cash on its Asset side and Paid Up Capital, Free Reserves and Current Liabilities on the Liabilities Side. Value of Current Liabilities is much higher then Cash available. So please guide me how to wind up the company if its has current liability still standing.

Sir
Mr A is the Director of XYZ Pvt Ltc and ABC Pvt ltd.
Can XYZ Pvt Ltd give loan to ABC Pvt Ltd

Please reply Its urgent

Thanks

What is the procedure to increase the authorised share capital of a Pvt. Ltd. Co.?What are the forms to be filed and what are the provisions governing the same?

I tried filing Form SH-7 on the MCA Portal. The form has got uploaded twice and the status shows as :
NOT PAID Pending for Payment
Payment not applicable Pending for Payment
against two SRN's. I did not make payment but want to upload the form again. What recourse is available ? On the MCA Helpline ino one is picking up calls.
Kindly Help.

changing in Director desigation of a NBFC company...there is any other rules for it under RBI ??
.

what is the process of dividend distribution for private companies

Dear Sir,

Please provide the following information, if anyone wants to open the all is one retails store ( fmcg, footware, cloth, general items ets) under the LLP act :-

1. Based on business activities, main division of industrial activity of the LLP as per NIC-2004

2. Description of main division of industrial activity

Thanks

R.S.Parik

What is the procedure to regularize additional directors (i.e. to change the designation of additional directors to directors) ? Also, do they have to resign first and then reappointed as directors?

A private company has issued further capital at premium of Rs. 90 per share.
Can the funds/Amount received by the Company on securities premium account be used for repayment of existing loan of the Company or for any other investment?

Please advice me the end use of the funds raised from issuing further capital.

I will appreciate your immediate help.

Regards