Dear Experts,

Please suggest if a pvt. Ltd. Corp entity has accepted the unsecured loan more than Rs. 10 Crore only from its shareholders and directors till the year ended 31/mar/2014, would it be considered as a SMC or Non SMC with respect to definitions under Accounting Standards Regulation??

Hoping for a prompt reply on this urgent matter...

Thanks in Advance
Amit

dear sir please advice that whether a pvt. ltd. company can take loan from its directors & shareholders under the companies act 2013. if yes whether the company pay interest on the loan taken from director & shareholders. second ques is if director receive intt & pay intetest to third party from whome they have taken loan then both intt can setoff each other.

What is the procedure to be followed and what forms are to be filed with the Registrar if MD has resigned his office as per companies act,2013. urgent I am in need

Hello,

Under the Companies Act, 1956 loans to Private Companies were allowed from non-members..does the same apply under Companies Act, 2013 as well?

Thanks in advance

A company has appointed 4 independent directors, who are liable to retire by rotation prior to the coming into force of the CA,2013.Will it be necessary for it to change their terms of appointments to non-rotational basis at the coming AGM or they can continue as such till completion of their existing tenures?

one of the private limited company has raised share application money of 3 crs. before 31st march 2014 and 4 crs till now but according companies act 2013 there are some prohibition regarding allotment and that so what i can do now

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Can a public limited company form a LLP ?
Can a LLP be formed to manage a specific project ?

At the time of Filing Form 23B for FY 2012-13 Prescrutiny Error occurs like that form is not latest kindly download fresh form and upload the same. But we already downloaded Form 23B from mca site 2-3 times but prescrutiny Error Occurs.. Then now tell me Which form is to be filed for information by auditor to the company as per companies act 2013...

Kindly Reply because its URGENT...

Can a company invest its cash in Fixed Deposits or equities. Are there any extra formalities or tax laws regarding these?

And does it needs to be a part of the objective in MOA?

sir, if an employee purchase some stuff for the company and company pay him back for the same later, wil it be treated as a unsecured loan from employee to the company?... Or how can it be treated?