The company abc is giving intercorporate loan to another company xyz in excess of the limits stated in the section 186 of the companies act 2013.
We need to conduct BM to set a threshold limit and thereafter conduct EGM. Approving the limit in excess of limit specified in section 186 with the consent of members.both the Company has same directors.
1. Now my concern is the ceiling limit of loan is 50 lacs and loan given to company is 20 lacs. Do we need to mention both the amount in mgt 14. Or only the ceiling limit need to be mentioned in Form.
1. Is board resolution sufficient for the loan given to the company amounting 20 lac. Do we need to mention about the loan portions every time we grant loan to the company within the limit I.e. 50 lac.
2. Do we need to file mgt 14 everytime for providing loan within the limit of rs. 50 lac. Or if one time approval from shareholders are sufficient?
3. Board resolution is needed for providing loan and interest rate in parts till the ceiling limit is attained while granting loan
Please clear:-
Hello
Can a company give loan to another company having common directors?
Hello
Does one consider profit after tax or profit before tax for applicability of CSR?
calculation
responsibility
social
csrcorporate
Dear All,
Can a company avail an unsecured loan from the Director and use the same fund for repayment of the inter corporate loan ?
loan
intercorporate
repayment
Hello everyone,
I am incorporating a Company for making movies and other related works. (Film Industry), Kindly share your knowledge whether i have to take any other approvals or certification with any other authority.
Kindly help me with this query.
movies
related
work
making
incorporated
required
registration
company
other
Hi
Is a company giving corporate guarantee in respect of another company required to file form CHG-1 for giving corporate guarantee.
If anyone can help.
Dear all ,
kindly provide me draft resolution for corporate restructuring. Points to be covered i.e.
1.International expansion-(D2C:Direct To Customer Model)
2.Monetization of assets
3.Appointment of efficient personnel.
4.Business on Digital Platform
resolution
corporate
draft
Hello all,
Is any one facing error on validating corporate governance report???
without any error they are showing error and unable to validate,
please help.
helpline no. are also not responding
report
governance
corporate
Dear Sir/ Madam,
please any one help me to understand what are the MCA compliance of newly incorporated company....
What are the consequences if company fails to comply?
companies
private
incorporated
newly
compliance
Dear Members,
I have incorporated Company in August , 2018. Now management decided to close that Company.
How to close Company? Which method needs to be follow for closure of newly incorporate Company?
company
incorporated
newly
closure
Respected Members,
We want to sell off a ROC- Bangalore based Private Limited Company incorporated on 05/02/2016 will all Compliances up to date
registered under National Industrial Classification 2008 (NIC-2008) Code 72 is used for Scientific research and development.
incorporated
company
based
bangalore
selling
Dear All
Can two body corporates i.e. non-individual subscribers have one authorised representative at the time of incorporation of new company.
representative
authorised
corporate
body
