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which provision of companies act,2013 is applicable when a subsidiary company gives loan to its holding company? if a holding company gives loan to its wholly owned subsidiary, then it is exempt u/s 185.but what is the situation if subsidiary gives loan to its holding company?
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please clarify anyone whether receiving security deposit from customers for securing debts amounts to "acceptance of deposit" as per companies act 2013. if yes whether company will have to repay the same upto 31 march 2015.
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Respected sir,
We want to sub divide capital and our article gives authority for it. Therefore, ordinary resolution is required but we are confused ,what should we go for Memorandum?
Whether ordinary or special resolution as per Section 13 of Companies Act 2013?
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Point No viii of Rule 2 (1) (c) of Deposit rule says that any amount received from a person who, at the time of receipt of the amount, was a director of the Company.
Provide that the director from whom the Money is received, furnish to the Company at the time of giving the money, a declaration in writing to the effect that the amount is not being given out of fund acquired by him by borrowing or accepting loans or deposit from others.
My question is X Company is receiving application money for further allotment and Mr. A is the Director or Member in the X company. So at the time of giving application money the director shall furnish the declaration in writing or not as per proviso of above mention point.
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Can a person be a Director in a company (with 26% Shareholding) without having no liability with the Company?
What are the possible alternatives if a person wants to take 26% shareholding in a company without having any liability to the Co?
The Co is a Pvt limited Co.
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Dear Professional colleagues,
I have query related to whether Independent additional woman Director's appointment should be recommended by Nomination and remuneration committee in the listed Company.
an early reply would be of immense help to me.
Regards
Nishthi H Dharmani
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One of my client wants to voluntray wound up his company as per companies act 2013 it is possible to wound up company as am not getting any link where it has been specified that section 304 has been notified.
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Hi,
the incorporation forms for a new private limited company (INC-7, INC-22 and DIR-12) are marked for user clarification via Addendum form 67 with the remarks:
1. "Photos not pasted in MOA".
2. "Address mismatch with bank statement"
In respect of 1st remark, can any one guide as to how and where to paste the photos in MOA and what is legal provision for than, and
In respect of 2nd remark, can any one guide - do we need to mention the same address in subscriber sheets as mentioned in bank statement (submitted as address proof). In the present case, the address of subscriber mentioned in subscriber sheet is same as mentioned in their DIN application (Voter Card address).
Thanks alot in advance.......
Please solve the problem.
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Dear Sir,
While uploading ADT-3 the following error is shown:
The Auditor is not associated with the company.
Please let me know how to proceed in this.
Thanks
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Please somebody tell me the process to convert society into trust in Rajasthan
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Companies act