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Revati Sathe
This Query has 1 replies

This Query has 1 replies

12 December 2014 at 14:34

Section 188

A company wants to give property on rent ( Leasing) to B company and this is related party transaction, whether special resolution is required to be passed in both companies or only to A Company


jagdish ahuja
This Query has 1 replies

This Query has 1 replies

12 December 2014 at 10:23

Section 185, 186 of companies act

KINDLY THROW LIGHT ON THE BELOW MENTIONED POINT AND OPINION OF THE BOARD:-

PVT LTD COMPANY AND PARTNERSHIP FIRM HAVING COMMON DIRECTORS and PARTNERS,
PROPERTY OF COMPANY IS MORTGAGED WITH BANKERS OF THE FIRM,AND FIRM HAVE AVAILED THE OD FACILITY FROM THE BANK,

FORM NO 8 FILED BY THE COMPANY ON 30/03/2011, WHEN FIRST TIME LOAN WAS AVAILED BY THE FIRM.

Whether provisions of section 185/186 of companies act 2013 regarding Loans /guarantee / security etc.... are attracted in this case.

further , since the partnership firm is having OD facility against property of the company, the OD facility is renewed every year, at the time of renewal the company does not comes in picture, only firm is required to complete the routine renewal of OD facility, further the limit of OD is same that was in 2011.

thus whether in this situation provisions of section 185 / 186 is required to be complied with.



Anonymous
This Query has 1 replies

This Query has 1 replies

I would like to start a trading firm in Telangana State. What are the prerequisites for start up and registering my firm with all statutory authorities? My nature of business is trading intermediate drugs for pharma companies. My customers are based in Hyderabad and my suppliers are based in other states and I would like to make E1 transactions. What are the registration I have to get it done with sales tax authorities and other tax authorities.
Pl.guide me.


prithvi
This Query has 3 replies

This Query has 3 replies

12 December 2014 at 01:40

Req help for roc annual filing

I have filled up the eforms and completed Pre scrutiny . But the submit button on each form is disabled. Then how can I file the particular form.

Moreover, my system is not detecting the DSC as 'Browse' button to detect DSC is not working while creating new user id for e filing.



Anonymous
This Query has 3 replies

This Query has 3 replies

11 December 2014 at 17:42

Statutory registers under the new act

After implementation of new companies act, statutory registers are to be converted into new format. Are they to be converted for transactions from 1.4.2014 or from the date of incorporation of the company?

Please guide.


Rajendra Mehta
This Query has 1 replies

This Query has 1 replies

Dear sir,

I have applied for certificate for commencement of business of a Pvt Ltd company.
Form 21 got approved from MCA website but they have not issued us certificate for commencement of business since 15 days have passed after it got approved.

My query is

1) Whether i can appoint first auditor without receiving commencement of Business certificate from MCA.
2) When i shall receive the certificate from MCA.

Thanks


Savita
This Query has 1 replies

This Query has 1 replies

10 December 2014 at 21:55

Company law/ regarding company structure

Dear Sir/Madam,

1) What is the difference between Board & Management? How are their roles different from one another? Please mention the people comprising a Board & Management.

2) What is meant by "committees" in a company(with example) and the people who are part of such committees ?

Thank you.



Anonymous
This Query has 1 replies

This Query has 1 replies

10 December 2014 at 13:56

Csr

Could you pl confirm whether to carry out CSR activity, a company can float a charitable trust as settlor and PROMOTER directors as Trustees.Can this new Trust shall carry out the CSR activities on behalf of Company only or for other companies also?



Anonymous
This Query has 1 replies

This Query has 1 replies

10 December 2014 at 12:54

Depreciation rate in co act 2013 ?

What is depreciation rate as per co act 2013 for Moulds and other machinery for oil marketing co.

2. What is Dep rate as per co act 2013 for Hardware others.

3. What is Dep rate as per co act 2013

for printers?

4. What is dep rate as per co act 2013 for Softwares?



Anonymous
This Query has 1 replies

This Query has 1 replies

10 December 2014 at 12:34

Query on designation as director

Please advise whether a person can use the designation Finance-Director in private Limited company even if he is not on the board of directors of the company. is there any restriction under any Indian law including company law.






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