Dear All,

As per section 175 of CA 2013: A resolution by circulation of the Board is to be considered as passed when: (i) if it has been approved by the majority of the members on the Board of the Company (ii) by majority of the directors who are in India (iii) whose Indian address is registered with the Company.

Section 289 of CA 1956 required passing of the resolution by circulation by majority of directors present in India.

Can A Listed Company take loan from a HUF in which one of its director is karta?

What is the new ceiling limit specified for number of audits by a Chartered Accountant in practice, in Companies Act, 2013? Please give me the reference if possible....

Sir,
can we consider Sunday As an AGM due date For example our AGM should be held before 30 September and 30 September is a Sunday so can we fix due date 30 September and i know AGM can not be held on Sunday sir resolve my query as soon as possible

It has been stated in Chapter XII of the Companies Act 2013 that for the purposes of sub-section (1) of section 184, every director shall disclose his concern or interest in any company or companies or bodies corporate (including "shareholding interest"), firms or other association of individuals, by giving a notice in writing in Form No. 12.1.

Has Form No.12.1 notified? If so, plz share a format of the same.

One of our client who is a private limited company wants to raise funds through unsecured debentures/ deposit from public.

What are the rule regulation for the same.?
Can Unsecured Non Convertible Debentures be issued?

After new rules as on 1.4.2014 ..what will b d treatment or compliance for loan already taken from shareholder or relatives prior to 1.4.14? Can we continue them or we have to repay them? ??

Plz solve this....

The company passes an SR U/S 180(1)(c) of the Companies Act, 2013 and fixes the max borrowing limit to Rs 200 Crores. The same SR gets registered as required under the Act. Now, the company proceeds to borrow Rs 50 lakhs. Is it required to pass further a BR? If so, is it required to register the same BR with the ROC ? And whether the same registration process will go on again and again whenever the company borrows money within the limit of Rs 200 crores?

Plz solve this...

The company takes loan from an HUF where one of the company's director is the Karta thereof.Is this a related party transaction?

Plz solve this....

What is the difference between resolution passed by circulation and resolution passed by postal ballot ?