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If the advance has been given to director of company for purchase of property. Whether it will treated as loan to director under companies act 2013?
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dear sir, Whether Pvt. Ltd. Company can take loan from directors and their relatives as well as from public... its urgent... kindly clarify... Regards Anil Gabel
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Dear friends
Is it mandatory for a company to file form DIR-12 for reappointment of a retiring director.
Thanks
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Hi
Can anyone tell me the provisions related to loan that, can a Pvt Ltd Company give to its Directors. As far as i know as per Sec 185 of Comp Act 2013, there i found some restriction, but one of my client has given a loan from the company fund to its director. How far is it valid..?
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Hi Friends,
One of my friend started a new company with capital of Rs.10 Lakh but he want further Rs.6 lakh which he has taken from one of his friend at interest basis. But without asking he has taken this amount in cash and already deposited in account of company. Using this money for paying regular expenses of company. But income of the company is not started yet. Now what is the impact of it as per company law.
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Sir
We have incorporated a new pvt company in feb-2015 but no business has been started yet. No capital has been inserted even bank account has not been opened. Promoters want to start the busniness from next year means in f.y 2016-17. My query is is any compliance need to be done with ROC where only name of the company exist ,no board meeting , AGM has been done so far. Please let me know if any thing need to be file with ROC
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Body corporate means any association having seperate legal exitence from its members who forms it. It means we can easily say that for becoming body corporate, there should be association of two or more persons having legal existence. But in OPC is one person entity. In opc only one person is owner of his company.Yes it has legal status but here is not body i.e., two or more perdon. So why OPC is consider as body corporate...?
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If a co. Incorporated recently, and it has to appoint first auditor u/s 139(6). Is it mandatory for the company to intimate to the roc in form adt-1. Answer as per companies act 2013
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is it Compulsory for small companies to show extract of the annual return in form MGT-9 (sec 92 read with rule 12 of the Act or there is any slab for this??
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Advance given to director for purchase of property