I read an article in which i saw that a pvt ltd company cannot take unsecured loans from relatives of director.
My query is what will be the impact if company already recieved loan before applicability of Co Act 2013.

Director has borrowed funds from his wife and put in to the company. Will it be considered deposits under companies act 2013.Does the company need to mention that in DPT 4.

Dear Sir/madam

My company(PVT. LTD) falling under the provisions of Sec. 135 of Companies Act, 2013,

My question is that can my Company Spent CRS amount through the Registered Trust which is created by Directors and its family members of the Company

and the above trust directors are treasures and trustees and the purposes of the trust is to provide Educational activity, marriage trust, ect

Please reply its is possible or not

Regards
Rakesh kumawat

Respected Experts,
is that a company registered under COMPANIES ACT,1956 need to convert itself under COMPANIES ACT, 2013 in order to get benefit of the new amended rules.

if so , then please let me know the last date for doing so.

Thank you.

can dividend be declared even if a company suffers a loss in that particular year??

1) Holding company is unlisted public company
2) Subsidiary is a private limited company
3) one director is common

Subsidiary company gave loan to its holding company whether section 185 of companies Act attracts and prohibits such transaction.

I want to know that if a person who is a Director in more than 20 Companies, if we file Form-DIR-11 on 31st March, 2015 to bring down his Directorship up to 20 Companies so in this case can we file one MGT-14 for both the purpose like Disclosure of interest received on the yearly basis as well as concerning Director has intimate the companies regarding his resignation and secondly, what if DIR-12 has been filed by the Company after 31st March, 2015, so whether it will be right procedure to be followed or we have to take care any other thing in this regard.

Hi,

One private Company having paid up capital of Rs.1 lac & reserves of Rs.3 crores

from date of incorporation 2003 till now no dividend is declared

This FY they planning to declare dividend what is the maximum as well minimum limit of dividend they can declare ??

Thanks in Advance

FACTS :
1) Mr.X was appointed as auditor of ABC ltd. in the AGM of 2014 for a term of 5 years i.e. upto conclusion of AGM for year 2019.
2) BUT in 2016 shareholders did not ratify his appointment.
3) Mr.Y was appointed in his place.
QUERY :
1)Will this amount to completion of a term of Mr.X?
2)For how many further year is he eligible to be appointed in year 2019 ?

Dear Sir, Please adviseas under :
1. A small Pvt Ltd. company has appointed a Proprietory firm since 2008-09 , is
the retiring auditor to be appointed in the AGM held on 30.09.2014 for 3 years
or 5 years ? Some professional are saying for 3 years ans some are of the view
for 5 years being a small pvt ltd.company.

2.Whether whole time directors in a small Private Limited Company are to be
appointed for 5 years only.Please advise.
3.Any good book on new company law.