Dear Professional colleagues,
has any one of you done Merger/amalgamation of Producer Companies?
need clarity regarding method of Merger/amalgamation.
Pls suggest, method of merger, whether it is to be carried under fast tack merger mode or NCLT mode.
companies
producer
mergeramalgamation
Whether concept of demand for poll u/s 109 of the Companies Act, 2013 is
relevant for companies covered under Rule 20 of Companies (Management and Administration) Rules, 2014 relating to voting through electronic means
Exemption was available to private companies from the
application of section 372A under Companies Act, 1956.
Is a similar exemption under Section 186 of the new
Companies Act, 2013 available?
As per section 186 (2) of the Companies Act 2013:
No company shall directly or indirectly —
(a) give any loan to any person or other body corporate;
(b) give any guarantee or provide security in connection
with a loan to any other body corporate or person;
and Loan and investment by company.
(c) acquire by way of subscription, purchase or otherwise,
the securities of any other body corporate,
1. Are employees and workers of the company covered
under the term “Person” used in the section?
2. Will Salary advances made by the Company for only
1 or 2 months (without interest) come in the preview
of “Loan”?
Section 2(41) defines the term ‘Financial Year’. Proviso
to the said section empowers Tribunal for allowing any
period as financial Year. The provisions relating to Tribunal
are not notified. What is the recourse.
Dear Members,
Whether deposit accepting Nidhi Companies is required to file any return with RBI? If so, the name of the return and its periodicity. Members may guide on this .
Dear Members,
Whether deposit accepting Nidhi Companies is required to file any return with RBI? If so, the name of the return and its periodicity. Members may guide on this .
Dear members Please enlighten on the following:
1. One of the proposed director is a foreign national holding OCI of India. An Address proof as stated in bank statement could only be notarised as it is not possible to get the address proof apostilled in Belgium( as per the law in Belgium).
2.Further the director also holds Indian PAN card and OCI. Is the same needs to be notarised and apostilled. This being a Indian document The solution to the query raised will be highly appreciated.
Practice with ROCs in different state differs too and this is wrt.
Pune ROC wrt his objection in rejection.
spice
incorporation
companies
Dear Members,
Please help in clarifying whether the limit of 100,000 sitting fee payable to director is applicable on private companies or not.
companies
private
applicable
limit
sitting
If a private company having land , without any activities can be merged with another Private company.
Whether registers as required under Companies Act 2013 by Private Company can be maintained electronically in excel/word format OR the same is required to maintained in hard copies only ?
Also whether prior board approval is required to maintain the same in electronic format OR it is at the discretion of the Company to maintain either electronically or in hard copy ?
Please guide there are two companies x and y x holds 48% of Y can x can be merged with x.
