surrender
We have issued Bank Guarantee of MoC, GoI and now the bank is asking to create a charge on that.
As per my understanding need not create a charge on Bank Guarantee.
Need specific reference of MCA, RBI that no need to create a charge on Bank Guarantee.
Hello Professionals,
In a Pvt Ltd company one director has taken share application money from promoters, even after passing of a year he has not issue shares to them.
What is the remedy available for the promoters?
Can they approach to NCLT under I & Bc Or Under oppression and mismanagement u/s 241-242 ??
money application share
Dear All
There is one Private Company which wants to strike off now but the issue is... there are creditors and debtors in the balance sheet which is not practically possible to write off. So is there any wayout of this?
Kindly share your views.
Thanks in advance.
strike
Dear Members,
I have received the User ID and password for Entity Master. Can you pls suggest what is the due date of entering the shares details?
Is it the same extended 20th July or 12th July.
Please suggest.
A pvt ltd company has two shareholders. one foreign co. and other is the director of that co. EGM has to be held, that foreign director cannot come to attend it. Company's authorized representative and one proxy cannot constitute quorum... what can be done here?
Click here to view / answer Share it onDear Members, I'm filing data in RBI interface for FDI. How long does it take to get the user Id and Password from RBI? I have registered as New User yesterday and Have not got the password yet.
Click here to view / answer Share it oninterface Hello, I have a query regarding removal of an auditor before the expiry of his term period. The current auditor is not able to do the audit because of pre-occupancy so the company want to remove the same but I guess it is too late for FY 2017-18, so what can be in this matter. Can the auditor be removed and new auditor be appointed in his place in current date also?? And also please do share the form ADT-2 if possible for reference purpose only.
Click here to view / answer Share it onDear members, My client co. has received Notice from RBI saying its a NBFC co. and should do all compliance regarding NBFC because its company's name include 'shares and secrurities' words. But its main object is to carry on the work of advising and consulting in finance. Now the client wants to close this company. It does not carry any activity since last 4-5 years. It does not have any banking transactions, no assests and liabilities but has cash reserves . Members, guide me what the steps we need to follow in such situations.. Prompt reply is expected.
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Dear Gaurav,
If person/firm/company have turnover below 20 Lacs, One can go for surrender. Further, they are not required to purchase material/receipt of services from unauthorised dealer.