Required Board resolution format for loan from directors and other company along with applicable provisions under Companies Act 2013
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loan
borrowings
format
resolution
board
required
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 ?
subsidiary
borrowings
holding
foreign
given
guarantee
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 ??
subsidiary
borrowings
holding
foreign
given
guarantee
Whether borrowings and/or creation of security, based
on the basis of ordinary Resolution under section 293 of
the Companies Act, 1956 are valid.
security
creation
andor
borrowings
it can be FDI funds which is equity or convertible instruments and
Non FDI i.e. debt through ECB route
please see the RBI master directions and Cons FDI policy
india
outside
borrowings
Whether External Commercial Borrowings (ECBs) are exempted borrowings i.e. outside the purview of public deposit ?
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borrowings
commercial
external
