One of our Client want to start a company without share capital, is this limited only to a company limited by guarantee?
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The Case is as Under
The Company have provided Corporate Guarantee to one of its sister concern to avail Bank Limits (for Sister Concern) where nor any Movable or Immovable Properties are mortgaged and hypothecated respectively so is there a need to Create a Charge for Such Guarantee?
Dear Sir,
one of Pvt. company wants to give provide guarantee to another pvt. Company in which the directors are common.
The Guarantee will be provided on the property of first company. which will be more than the limit provided in section 186. Please guide what compliance required under Law for this transection.
Dear Professionals,
I urgently required draft documents or filed forms of company incorporation. company limited by guarantee.
Please Send ASAP
Thanks in Advance.
Dear Colleagues,
Please help me following case is. Company A owns the property of Rs. 5 Cr which it wants to give as security and guarantee for a loan of other Company B to a financial institution. Both do not have any related party transaction.
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.
Holding company wants to give guarantee on behalf of its wholly owned subsidiary, can the company do so?
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subsidiary
owned
wholly
behalf
guarantee
In context of Section 185 & 186 of Companies Act 2013, if any group private limited company gives/provides corporate guarantee and equitable mortgage of its property in favour of its group public limited company, is it possible to give the same. What if both the companies are private limited companies ?
Click here to view / answer Share it onHolding company wants to give guarantee on behalf of its wholly owned subsidiary, can the company do so ?
Click here to view / answer Share it onsubsidiary
owned
wholly
behalf
guarantee
