Dear Friends,

I ve read some discussions on the above topic which concluded that section 185 overrides section 186 of the Act,2013, since Section 185 is a saving provision when Section 186 starts with a phrase " without prejudice to ................ ".

As far as my knowledge goes, this phrase applies only to sub section (1) of Section 186 which speaks about investment through investment companies.

Can we say that Section 186 prevails over Section 185?

One of my client companies is a partner in a firm and one of its directors is also a partner. Before the Act,2013, this Company has been providing security to a Bank which has granted loan to the firm.

Can you throw some light on this?

Hi, Can any one please let me know the latest date by which auditor can be appointed for the company formed on 29th March, 2014.

According to Section 196 of Companies Act, 2013 Managing Director of all companies can be appointed only for a term of five years. Earlier this [provision was not applicable to private companies. in that case the period of managing director for five years will counted from 1 April 2014 ( Applicability of THIS SECTION) or before that ?

In case of our company MD was appointed in year 1984 and his term was not fixed as it was as per discretion of BOD. Now as section 196 of CA 2013 has now become applicable for private companies we can appoint MD only for five years. Shall we have to pass a Board resolution stating his term for five years starting from 1 April 2014 or will it be counted earlier from 1st April 2013. Please guide.

sir/madam
according to section 117, resolutions passed in pursuance of sub-section (3) of section 179 need to be register with ROC.
in case of NBFC which has business of lending and borrowing, is required to file MGT 14 every time..??
experts Please give your precious views in this regard.
Thank you

If a company's office location is to be changed within the limits of the same city, can it be done by passing a simple board resolution or does a resolution by circulation necessarily need to be passed?
(according to Companies Act 2013)

Respected Members,

A Private ltd. company has taken unsecured loan from one of its director in two different dates during the month of April, 2014. Now company wants to convert this unsecured loan into equity by allotment of fully paid up equity shares at par.

Please share the procedure to do the same as per Companies Act, 2013.

Thanks
Pranay Patel

Hello...

Is there any limit for a company to give loan to any other company.

hi,i have completed my one time reading from module. now for preparing answers for questions asked in exams and i want my self to be appear in examination differently than others. which book shold i refer and be prepared with the answers for all subjects of cs executive. please suggest.

We have received the following error in incorporation of Private Limited:
Address proof mis-match. Heading of moa mentioned form INC-13 which is wrong. Definition clause of private company not mentioned. INC-8 should be filed on stamp paper duly notarized.

Any one help us.

Dear Sir, Please clarify me that compliance certificate is required for financial year 2013-2014