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Respected Sir,
ours is a family owned private limited co.no outsiders are in the company's board of directors. there is no loans from any financial institution including bank.The directors of the company have given loan to the company. The associate concerns like partnership firm, HUF,our family trust, other Private limited co where we are the directors. It is very difficult to pay these relative loans to them. we would like to continue our related parties loan to our (p) ltd. co. The paid up capital is Rs. 5 lakhs The related parties loans is to the tune of 2. crore. How to retain these loans and what are the formalities to follow for retaining such loans. please advice
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Respected Sir,
Please suggest me than can subscriber make payment through DD instead of his/her bank account under section 42 of Companies Act,2013(Private Placement)??
Thanks In Advance.
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Dear members, Can anyone tell me about the penalties for not conducting agm up to due date for F.Y. 2013-14??
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Hello Team, I am one of the directors in a pvt ltd company in mumbai. we have 3 directors, The stake division is like this: myself-34% Director 2: 33% Director 3: 33% Initial capital-1 lakh we r 9 months old. roles were defined at the start for each. but one of the directors has not really contributed anything interms of his profile which was into handling technology and online marketing stuffs. But he has a software developer who has developed our basic website and a designer who haas done few designing stuffs, Now he claims he has spent 6 lakhs on these people. Actually he has counted thier salaries and efforts. But its really basic job, My expectation was more than that..for which he had 33% stake. This is not justification of his stake %age. I plan to give his expenses i.e 6 lakhs and transfer all shares to me or my wife who is more capable of doing the job.she can become the drector. Now this director is not transferring stake to anybody else. He says i will not transfer stake to anybody. Now what shoudl i do?? i am in the middle of a mess-I have clients and this organization is growing. Please help and advice.
Read more at: https://www.caclubindia.com/forum/transfer-of-shares-to-other-director-317188.asp#.VLsyEiuUeSo
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Respected Experts, im incorporating a company for which INC-22 is pending.
the registered office is owned by the directors. SO WHAT ARE THE VALID DOCUMENTS FOR PROFF OF ADDRESS OF THE REGISTERED OFFICE TO BE SUBMITTED AS ATTACHEMENT WITH THIS FORM?
PLEASE GUIDE ME WITH YOUR VALUABLE SUGGESTIONS.
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IN FORM INC 21 WHAT AMOUNT OF STAMP DUTY IS REQUIRED FOR THE COMPANY REGISTERED IN NEW DELHI
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My company was incorporated in Feb 2014 Do i need to file INC 21 for the same??
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Is there any provision in companies act 2013 that a company cannot transfer more than 25% of its shares in a financial year.
plz reply at (lkpurohit29@gmail.com)
Thanks
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whether remuneration payable to directors of private limited company requires compliance with section 197 (3) and (4) of the Companies Act 2013?
Does this entire section 197 applies to private limited company?
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Loan from director's relative