nitin bagadia (employee) (36 Points)
21 January 2013
Manikanth
(Chartered Accountant)
(342 Points)
Replied 21 January 2013
It can give loan only if the same was mentioned in MOA as it is one of the auxilary business of the company
shristi
(executive)
(96 Points)
Replied 30 January 2013
you can make changes in the ancilliary objects in the Company's MOA by adding this object.
You must conducta BM where this amendment is approved call a memebers meeting where this amendment is apprved by members by apecial resolution. then file form 23with ROc with altered MOA
CAclubindia
