Are there any exemptions or relaxations provided under the Companies Act 2013 for small or startups companies regarding loans and borrowings?
What are the restrictions imposed by the Companies Act 2013 on the borrowing powers of a company. Are there any requirements for obtaining shareholder approval before a company can borrow money under the Companies Act 2013?
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Whether borrowings and/or creation of security, based on the basis of
ordinary Resolution under section 293 of the Companies Act, 1956 are valid.
Hello Professionals!
Whether borrowings and/or creation of security, based on the basis of
ordinary Resolution under section 293 of the Companies Act, 1956 are valid?
Can ECB be availed of for making equity investment domestically or buying goodwill?
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Can a private limited company borrow the money from another company and the borrowing money is used for repayment of existing loans with the bank?
what is definition of principal business activities?
Dear Sir,
Can a private limited company borrow the money from another company and the borrowing money is used for repayment of existing loans with the bank?
What is definition of principal business activities?
Kindly clarify me whether borrowing limits under Section 180(1)(c) covers the corporate guarantee provided by the company to bank on behalf of its subsidiary company.
E.G. A Ltd.(Holding company) borrowing Limits Rs. 300Cr. Loan taken by A Ltd. is Rs. 200 Cr. B Ltd. (wholly owned Subsidiary of A Ltd.) owed a loan Rs. 150 Cr on the guarantee of A Ltd. Whether the borrowing limit of A Ltd. is required to be increased to Rs. 350 Cr.(Rs.200 Cr. and Rs.150 Cr.) ?
Dear Members,
The Indian Company has borrowed funds from a Bank situated in India, whereas the Guarantee is extended by the Foreign Holding Company.
Can any one suggest What are all the compliance applicable under Companies Act and FEMA ?
Dear Members,
The Indian Company has borrowed funds from a Bank situated in India, whereas the Guarantee is extended by the Foreign Holding Company.
Can anyone suggest What are all the compliance applicable under the Companies Act and FEMA ??