Format required for board Resolution for authorizing person on behalf of company(body corporate) who is subscriber to MOA and AOA
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A holding company wants to give guarantee on behalf of its wholly
owned subsidiary with respect to a loan taken by the latter. Can the
holding company do so ?
Dear Members,
Please guide what extra documentation shall require with AD Bank or RBI, if funds are remitted from outside India by other person on behalf of remitter.
For e.g. ABC Ltd. was require to send funds from outside India but they have remitted funds through XYZ Ltd. on behalf of ABC Ltd.
Your early reply shall be very helpful.
Dear All,
Can a pvt company make payment of loan taken by its group company (Listed) which is under the insolvency resolution process?
Dear Members
Kindly suggest:
If payments are delayed for more than 45 days during April to September, 2019 to MSME Parties but paid before 30/09/2019, should this delay need to be reported.
If yes, what amount should be entered in 'Amount Due' as nothing is due as on 30.09.2019.
Thanks in anticipation.
Dear All,
In respect to the MSME return-
Do we need to report the outstanding as on 30.09.2019 or the outstanding balance amount exceeding 45 days from the date of actual acceptance during 01.04.2019 to 30.09.2019 irrespective of the fact that it had been paid off before 30.09.2019?
A Nidhi company incorporated on 20th September 2019. As per rule 21 of Nidhi Rules, 2014, every company covered u/r 2 shall file half yearly return in form NDH-3, as on 30th September, and 31st Mach of every year.
Whether the half-yearly for 30th Sept. should be filed in this particular case.??
Members may share their views.
CS Thomas.K.
PCS Thrissur
Holding company wants to give guarantee on behalf of its wholly owned subsidiary, can the company do so?
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