banner_ad

vijay kumar b n
This Query has 6 replies

This Query has 6 replies

25 November 2013 at 15:38

Filing of form 2-allottment of shares

Dear Sir/Madam,
My Query is can we file form 2(Return of allotment) for year 2013-14, before filing annual returns (Form 23AC,ACA & 20B) for the year 2012-13.

Date of allotment is 15/10/2013

Please clarify my doubt at the earliest.


CA Shruti kuchhal
This Query has 2 replies

This Query has 2 replies

25 November 2013 at 14:27

Section 185 and its implications

Dear all,

As per the section 185 of the companies act, the companies cannot give corporate guarantee for loans taken by other companies as well for its Directors.

Then what will be the position of the existing loans sanctioned and the mitigations for the proposals already submitted to banks offering corporate guarantee.

What is the possible solutions and implications of the above section



Anonymous
This Query has 3 replies

This Query has 3 replies

25 November 2013 at 12:10

Section 297

Dear all ,

There is a contract between two public cos havong common directors . The contract is for takin on lease the furnitures from the other public company.

Now this is contracy of sub lease....the public co which has given the furniture on lease to the other public co has itself taken it on lease from a different pvt co....

This pvt co does not have common directors.

Now whether section 297 is applicable.....bcoz by givin the furniture on sub lease the public co is makin a profit.

Hope my query is understood.

Awaiting a quick response


Anamit Babar
This Query has 3 replies

This Query has 3 replies

25 November 2013 at 11:59

Limit mentioned in sec 372a

As per Sec. 372A of Companies Act 1956 Company give guarantee not exceeding 60% of it's paid up capital and Free reserve or 100% of its Free reserve without obtaining the consent of share holder.
My query related to date ie. of which date Capital and free reserve or free reserve are take in to consider.

As per my Companies records,

As at 31st march 2013 - Paid up Share capital are - 30,76,24,000/- and Free Reserve are Nil and

As on Date - Paid up capital - 41,76,00,000/- and free reserve - Nil

then what is the limit under sec.372A Board can give guarantee without obtaining prior consent of share holder.


SHIVANG
This Query has 2 replies

This Query has 2 replies

25 November 2013 at 11:58

Acquisition of exisiting pvt ltd.

Dear Experts,

Facts:
We have one existing pvt ltd company engaged in Water purifying industry which is inoperative.

One of our clients dealing in medical equipments is required to incorporate a pvt ltd company.


My question is:
Apart from Object clause... Name Clause... Directors' change.. Registered Address clause.. Is there any other formalities to be complied with?



Anonymous
This Query has 1 replies

This Query has 1 replies

how many directors in a limited and private limited company? pls explain.



Anonymous
This Query has 3 replies

This Query has 3 replies

24 November 2013 at 21:10

Name approval

i want to register a company as logigreen pvt ltd but my friend telling me that it is compulsory to add activity name too in the name of company..???
i am providing services under it sector,
could u plz suggest me word need to be added i name


ROHIT AGGARWAL
This Query has 8 replies

This Query has 8 replies

24 November 2013 at 12:55

Buy back of shares

please tell me that why companies prefer buy back instead of issuing dividend.


rajni
This Query has 1 replies

This Query has 1 replies

24 November 2013 at 10:31

Borrowing from other company

Sir,

One of my clint is private limited compnay. its wants to take unsecured loan from other private company. can it take the loan. what happen when some directors of other company are same in our company.



Anonymous
This Query has 1 replies

This Query has 1 replies

23 November 2013 at 21:40

Appointment of md/wtd in pvt. ltd. company

I am having Pvt Ltd Co. with 1 lac Share Capital Turnover 3.5 Crore & having two directors,both director's are taking remuneration
Q-1.I am taking loan from Non Banking Org.as morgage on my house,They say Appointment of MD/WTD is compulsory,Only MD/WTD can apply for Loan
Is filing of Form 23, 25 or 25c with ROC is complusory or not?
One Director also have propritership firm
However if I appoint the same in EGM what is negative/positive?
Please guide under Company's Act & Income tax






CCI Pro
Meet our CAclubindia PRO Members

Follow us
add to google news


Answer Query

Company
19 May 2026
Fundraising Expert

MentorsWorld Ventures Private Limited

Ahmedabad

Others

View Details
Company
ARTICLESHIP 27 May 2026
CA Article Trainee

Rahul Dang & Associates-Chartered Accountants

Pune

CA Inter

View Details
Company
09 June 2026
Accounts Associate

S Madan and CO

New Delhi

Graduate (Any)

View Details
Company
23 May 2026
Account Executive

SMJ global advisors pvt ltd

New Delhi

B.Com

View Details
Company
04 June 2026
Semi Qualified CA

Goyal Puneet & Associates

New Delhi

CA Final

View Details
Company
29 May 2026
Accounts assistant

Shubh Consultancy

Mumbai

Graduate (Any)

View Details
Company
26 May 2026
Education Content Creator

Adyayam Education LLP

Bengaluru

CA Foundation

View Details
Company
27 May 2026
Audit Assitant

Virender K Gupta and Co

New Delhi

B.Com

View Details