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Hi,
My query is that, can holding company (Public Co.) give a loan to its subsidiary or wholly owned subsidiary Company (Public Co.) or not as per the provisions of Companies Act, 1956?
All view are welcum.
Regards
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whether section 185, dealing with loan to director, is applicable or has been kept in abeyance/pending by circular No 18/2013 dated 19 nov. 2013
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Can any one tell me the right procedure of
increasing authorized share capital of private limited company. and type of Resolution to be passed.And when to be passed.
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Dear Sir,
ABC PVT LTD issue share certificate.
now ABC is changed from XYZ 31-12-14.Company takes a decision to issue certificate with changed name of company
Query :
When the company issue share certificate in the new name XYZ, What date should be mentioned in the certificate.
Explain me the procedure of it.
Thanks and regards
R.Nehal Shah
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In case of a Private Company, can the articles of the company state that common seal to be affixed on any loan document in the presence of any person authorised by the Board by way of a board resolution. Is the presence of one director necessary?
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LINE IN ROC FORM UNDER VERIFICATION COLUMN " I HAVE BEEN AUTHORISED BY THE BOARD OF DIRECTOR RESOLUTION NUMBER "
PLEASE EXPLAIN THE MEANING OF ABOVE LINE STATED IN " ".
from where we find that number .is there mandatory to record board for number of board resolution passed by them.
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Sir,
The co. had conducted its agm on 30th sept but due to want of quorum the agm got adjourned. Till today the co. has not conducted its AGM and not even file its Forms 23 AC & ACA & 20B. Could you pleasa tel the penalties for the same ?
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How share system works in private company?... who will bring in initial paid up capital of Rs. 1 lakh for company registration... who will be the member of private company?
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hi, please answer me on this query
if a pvt ltd company whose paid-up share capital is more than rs. 5 crore and it has 2 directors and 1 whole time company secretary employed, so is there is necessary to appoint one directors as a "managing director" in the company or "whole - time company secretary"is sufficient to include in the definiation of " Key manegerial personnel" according to companies Bill, 2013?
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Can any one help me in drafting the object clause for a direct marketing company with all kinds of products.
Thanks in advance.
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
Section 295 (companies act 1956)