is loan from foreign company who is a shareholder in Indian company is permissible under companies act 1956

kindly reply

While reading its said...other class of Companies as may be prescribed....

I just want to knw that
1)Whether the are refering to the 5 crore paid up cos?
2)Or when they will notify???

Plz reply

The amount of Dividend after deducting tax at source, if
applicable, should be deposited in a separate bank account
within five days from the date of declaration of Dividend. Do these 5 days also includes sundays?

WHETHER IT IS POSSIBLE THAT ONE PERSON (DIRECTOR) IS RECEIVING DIRECTORS REMUNERATION FROM MORE THAN ONE COMPANIES.

SUGGEST ON THE MATTER---

IS THERE ANY LEGAL ISSUE ON THE SAME BECAUSE IN OUR COMPANY WE ARE GIVING DIR. REMUNERATION FROM OUR TWO COMPANIES..

Is it compulsory that the proposer (share holder) who attends the annual general Meeting, must sign on the proposal form for adoption of annual report/annual accounts in the annual general meeting, or it can be an oral proposal (without any signature / written request)

Please clarify under what section of the companies act such provision is stipulated.

CS PULAGAM RAJARAO

I request all my professional experts to reply to this query


Pvt ltd company having below 40% government equity participation ,managing director along with other government nominee directors is calling board meeting as per section 285 of the companies act eventhough other remaining director repeatedly insisting managing director to call a board meeting,Total strength of board is 8, managing director and two government nominee holding 51% of equity capital of the company

OUR COMPANY IS A PRIVATE LIMITED COMPANY. THE COMPANY HAS RECEIVED MONEY FROM OVERSEAS FOR ALLOTMENT OF SHARES TO FOREIGN SHAREHOLDERS.
THE COMPANY HAS RECEIVED MONEY ON 17/04/2013 AND 17/05/2013 THROUGH PROPER BANKING CHANNELS.

AS PER RBI NORMS THE PRIVATE LTD CO. HAS TO ALLOT MONEY WITHIN 180 DAYS FROM THE DATE OF RECEIPT OF MONEY INTO THE BANK ACCOUNT.

MY QUESTION IS FROM WHICH DATE THE PERIOD OF 180 DAYS BE CALCULATED FOR THE PURPOSE OF ALLOTMENT OF SHARES. AS THE COMPANY RECEIVES THE MONEY IN INSTALLMENTS (PART - PART WISE)

Sir, Pls supply the details for private companies Registration. Regards,

Hi! My company wants to take a secured loan from a bank. Do I need to pass any board resolution in this regard.


Thanks in Advance.

What is the exact procedure for obtaining COB ??

1. After getting COI, open a bank account and then get COB..or
2. After getting COI, get a COB and then open a bank account...

Please do not copy paste the legal language, and answer it from your experience.

Thanks & Regards.
CA CMA Gaurav Jain
9911375324