I WOULD LIKE TO KNOW WHETHER THE HOLDING COMPANY CAN KEEP ITS ASSETS AS GUARANTEE WHILE TAKING LOAN FOR ITS SUBSIDIARY COMPANY?

In case of a private company when an auditor resigns he needs to file the notice of resignation to company and ROC as per section 140(2). This form is to be attched to GNL2. now my query is : Is auditor responsible for filling GNL2 with ROC and if yes then is it the director who is going to sign the GNL 2. Please resolve.

A public limited co incorporated in Dec2013,has appointed its first Auditor in the SLP filed with the ROC.If the Auditor wants to resign before the co. holds its first AGM,can he do so?What is the procedure?

When directors doesnt have any interest they have to delcare that they are not interested in forst board meeting after incorporation

Even if directors dont have any interest we need to file MGT-14.

Section 184 : Disclosure of Interest by Director
The Act provides for the disclosure by directors relating his concern
or interest in any company or companies or body corporate (including
shareholding interest), firms or other association of individuals by
giving a notice in writing in form MBP 1 (Rule 9(1)) at the first meeting
of board after being appointed as director and at first meeting of board
of every financial year, in addition to this, any change required to be
disclosed in next board meeting

Any one Please clarify that, whether Company can issue, Optionally Convertible Debentures, convertible into preference shares.

Can an individual be a Whole Time Director in more than 1 company, if the members for those companies are same and registered office is same as well?

1. In case of appointment of Auditor for the A.Y. 2014-15, which Form is required to be filled.

2. When should Form GNL-2 be filed.!!

This question pertains to Companies Act 1956 for private company:


Two names are mentioned as First Directors in AOA. They are not liable to retire by rotation. Should they file form 32 soon after incorporation with ROC?

1) Should one get DIN number BEFORE he even applies for INC-1 (Checking for name availability)?

2) How much it costs (Official charges) to get DIN number? Which form to use?

Should SH-4 i.e., share transfer form need be uploaded at mca website ? The basic question is - should MCA be updated about the transfer of shares that keep happening in private company?