Dear Experts,

A Comapny having 50% of sharieholding in both B & C Company.

We want to proceed with inter-company loan transactions between A, B & C in both directions.

Kindly help us with the applicability of section 186 or other sections applicatble.

Please reply in details to what limit which resolutions and forms are required.

Thank You

Sir

When we say certified true copy of resolution what does it means? Whether it is photocopy of original board resolution duly certified by director or does resolution is prepared in two copies one original( kept at registered office) and one true copy ( certified by directors)?

Hi Everyone

Can anyone pls share a dividend calculation excel template to calculate final dividend to be paid by a private limited company. Need a bit urgently.
Thanks a lot.

Hi
I am writing to seek clarification regarding the filing of the annual return for a Section 8 company. This is the first financial year following the incorporation of the company. Kindly note that there have been no donations received during the year, and the paid-up capital is ₹2,00,000.
In this context, I would like to confirm whether the company is required to file Form MGT-7 or MGT-7A for the annual return.
Your guidance on this matter would be greatly appreciated.
Thank you for your time and support.

1. A company is incorporated with 2 promoter directors.
2.Now 1 director wants to resign and appoint another director.
3.How can this be done? The MCA portal is not accepting the DIR 12 .
4.Please advise

General Rule (under Company Law):
Once a dividend is declared at the Annual General Meeting (AGM), based on the recommendation of the Board of Directors, it becomes a debt payable by the company to its shareholders

But what happens if the company suffers an unexpected loss, such as a fire destroying its office? Can the dividend still be revoked in that case

Does the appointment of a Whole-Time Company Secretary (KMP) as an Internal Auditor under Section 138 of the Companies Act, 2013, violate the independence and objectivity principles mandated for internal audits, considering their dual role under Secretarial Standard-2 and SEBI (LODR) Regulations for listed entities?

What are the forms to be filed on the MCA portal after filing INC 20A

Hello Experts, a private limited company was incorporated on 24.07.2024. However, they approached me as they want me to be appointed as their Statutory Auditor for a term of 5 years from now. However, on seeing their masterdata, I came to know that they didn't appointed First Auditor till today i.e as of 03.05.2025.

Now, my query is, Shall I be appointed as their first auditor till the conclusion of first AGM and later continue as their Statutory Auditor or Shall I be appointed as Statutory Auditor directly for a term of 5 Years from now without appointing myself as first auditor ? What are the Penal Proceedings for not appointing First Auditor of a Company ?

Thanks in Advance.

Please clarify the forms if any to be filed on the MCA Portal for allotment of shares after the commencement of business for a newly incorporated company.

Thank you !