sir i have doubt.

A public limited company has given loan to private limited company (100% Subsidary). Also all directors of subsidary company are director of holding company.

So please let me know is such loan is allowed sec. 185 of companies act 2013 or not??

Is donation given to CRY, Red Cross Society, Blind Child Schools & Orphan Homes etc include & considered in CSR activities....

Hi All,

Can any body tell me , whether a comapny (PVT Ltd or Public Ltd) can hold shares in LLP (Limited Liabilty Partnership ?

I need clarification regarding allotment of shares. Pl confirm the following procedures are correct approach to allot the shares in a private Co:

Allotment through Private Placement :

1. Prepare draft EGM notice for passing special resolution for the proposed offer.

2. Pass Board resolution for convening EGM and approving draft notice of EGM.

3. Hold EGM and Pass special resolution reg offer.

4. File Form MGT.14 with ROC with copy of special resolution within 30 days of EGM.

5. Prepare draft letter of offer in Form PAS.4 to be issued with application Form.

6. Pass Board resolution for:
(a) approval of letter of offer;
(b) opening of separate bank a/c for getting application money

7. Issue letter of offer and maintain record in Form PAS.5

8. File PAS-5 along with Private Placement offer letter of offer with ROC within 30 days of circulation

9. Get share application money.

10. Pass Board resolution (only in Board meeting) for allotment.

11. File Form MGT.14 with ROC with copy of Board resolution

12. File return of allotment in Form PAS.3 within 30 days from the date of allotment.

Allotment through Right issue :

1.Prepare draft offer letter with application form

2. Pass Board resolution for issue of rights shares and approval of letter of offer

3. File Form MGT.14 with letter of offer

4. Issue letter of offer to existing shareholders & offer shares in proportion to their shareholding

5. If existing shareholders do not accept the offer (or renounce their right in favour of non-members), the Board can allot shares to non-members u/s 62(1) (a)(iii).

6. File return of allotment with ROC and make entry in register of members.

Considering the urgency of query, would highly appreciate an early response to this.

Thanks in advance.

Dear friends,

Do the Private Limited company need to adopt new AOA, under new Companies Act, 2013, if the articles are not consistent with the present AOA Table format?

If so, is there any procedure?

Please clarify. Its urgent.

Thanks in advance.

Regards,
Soumya

Dear Expert,

Please advise, whehter wholding company can finance its subsidiary company by virute of its agreement drafted prior to notification of sec 186 of comapnaies act 2013 in the form of inter corporate loan/a dvance ?
or is there any other means of financing the subsidiary other than share application money?

I want to file my MCA E-return form 23AC and Form 20B now but the Form 20B is still as per Companies Act, 1956. Should I file Form 20B as per companies act, 1956 or wait for any kind of update in the form?

hi all. I have a company and I have a .com website for the same but one of my competitor bought .in website.if I took a trademark for my business name. will that person still able to use that website for same kind of business.

SIR,
I am finalising Balance sheet of Pvt ltd for 31-03-2014. i want to know which provisions should apply whether Co act,1956 or 2013. As for Depreciation etc..
pvov v for Co ACt13 when to be applied ?

Jayesh shah

are degree holders disqualified from being appointed as pune