A was holding 10 % and then a purchased more shares should we have to do Ben form
beneficiary
holding
direct
change
Dear All,
Can a holding Company (private Ltd) give grants/ donations to a section 8 Company ( 100% subsidiary)? If yes which sections of Companies Act,2013 shall be applicable?
Please suggest.
subsidiary
owned
wholly
holding
It may appear like an Unsecured loan as no charge on the assets of the company, but giving Guarantee from Foreign Holding company for loan is secured to the bank . In case of default , Holding Co will have to pay to the foreign bank on its behalf, and in turn it can claim the payment from subsidiary Indian company; Also find out any counter guarantee or agreement between them.in this respect and its registration.It is Secured Loan, backed by such Guarantee, to the bank .In short , it is secured loan to the Subsidiary Co also. So to avoid it as a .................case, comply the law :
Under FEMA , the Indian Company has to obtain prior RBI permission for getting such guarantee [contingent liability - obligation to pay to the Holding Co against such guarantee.in future]. . Then file the charges with ROC.under the Cos Act.
Stamp duty is exempt in case of transfer of property from holding to subsy Or vice-versa subject to the condition that you submit holding subsy certificate from concerned Roc to stamp authority.
holding
company
karnataka
subsidiary
property
duty
case
transferring
stamp
Dear Members,
In a pvt com, there are only 2 directors (1 resident and 1 non resident) in the current pandemic situation both directors are not willing to travel and meet in one place for conducting board meeting for approval of financials and neither the company is willing to appoint any additional director.
Is there any other way to solve this issue? please advice.
Please share MCA notifications if any in this regard.
Please Let me know that the holding co can give loan to subsidiary both are private company. Whether Sec 73(2) of deposit will attract and sec 185 also.
Hi, Is there are reference given for the following points.
If my material subsidiary default in repayment of debenture interest is it required to report in listed holding entity results given to SEBI
Dear Members
Opinion required:
What are the necessary compliance for transfer of shares of a private limited company where both transferor and transferee are holding US Citizenship. Whereas the transferee, apart being US Citizen, is also resident of India Under Income Tax Act due to the number of days he stays in India.
transferor
transferee
holding
citizenship
both
company
shares
private
limited
transfer
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
If there is a change in the number of promoters of a listed company as compared to last quarter, whether any special changes required in the shareholding pattern of the current quarter while filing XBRL?
Click here to view / answer Share it onpattern
shareholding
change
Dear Members,
Is there any bar in conducting the Board Meetings and General Meetings physically now as lockdown restrictions have been eased in many states?
physically
meeting
board
holding
