This Query has 2 replies
Dear Friends
Please provide guidance for applicability / violation of section 295 of Companies Act on the below transactions entered into by a closely held Public Limited Company with its Directors:
1. Company has paid advance salary for 3 months to its Directors.
2. Company has paid 3 month's advance rent to its director's for the office premises taken on lease from the director's.
Whether the above transactions comes under the purview of loans to director's under section 295.
Thanks
This Query has 5 replies
Sir
In a private limited company, what is the complete procedure for retirement of a director and appointment of another director in place of him?
Regards
Anurag
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can we change the name of a company n use INSURANCE word in it? If yes, is there any approval required?
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Sir/ Mam
Is it mandatory that a dividend should first be recommended by audit committee, then only by Board.
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I need to form a company with regidtered office in Maharashtra. the company directors dont own any premises in maharshtra but plan take an office on lease in mumbai. how do you do the registeration of this company? Do we need to take a lease agreement for the premises.If yes for how many years? Also can u provide a copy of the lease agreement? Thanks
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X family and Y family have 50-50 shareholding in a private limited company. Members of Y are on the Board of Directors of the Company. The entire operations are managed by Y and the control vests with them as well.
Differences have ensued between X and Y. What are the remedies to safeguard the interests of X? Is there a way X can stop the company's operations or go to CLB in case of misconduct by Y?
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dear expert,
if private limited company have issued bonus share from revaluation reserve ,what as a statutory auditor we have to do?
should we qualify the report ?
please replay.
regards
This Query has 1 replies
Respected sir,
Is there any requirement for surrender of DIN after the death of director, if yes What will be the procedure for same.
Reply ASAP
Regards
This Query has 2 replies
I would like to know if we have to shift from one auditor to other auditor what are the formalities we should do from the ffirst auditor or what are the letters we should take from the auditor before shifting. or we acn say what letters we should obtain from auditir before relieving him.
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Applicability of section 295