Hello,
Can a subsidiary pvt. co. provide loan to its holding co. which is a listed entity?
Given that the borrower does not fall under "any person in whom any of the director of the company is interested" as per sec 185.
what other provisions to be looked at?
subsidiary
company
holding
loan
Can partnership be utilised as a holding vehicle for investment purposes?
Click here to view / answer Share it oncompanyis
consolidation
applicable
than
more
firm
holding
partnership
Dear Mambers,
If a person hold shares in a Company in a single name in physical form and want to add one more person as joint holder of the shares. What is the procedure for the same? I think only share transfer deed to be given. Also my question is how much value of consideration to be filled as there is no consideration involved. Share transfer stamp duty is also to be paid as per fair value of shares.
name
joint
single
shareholding
change
Dear members
Pls suggest :
Can i write the share holding pattern of wholly owned subsidiary in this pattern
1. Mr.A (representative of Z LTD)
2.Mrs.B (Representative of Z Ltd)
Dear professional experts n my colleague, what are the consequences when a private company become member in a Public limited Company through transfer of shares by acquiring 51% shares in that Public Company, the private Company became the holding company of the Public limited Company.Deemed public Company status comes to the holding company or the status as private company continues.
What are the legal compliance requires for it, Thank you so much in advance.
Dear professional experts n my colleague, what are the consequences when a private company become member in a Public limited Company through transfer of shares by acquiring 51% shares in that Public Company, the private Company became the holding company of the Public limited Company.Deemed public Company status comes to the holding company or the status as private company continues.
What are the legal compliance requires for it, Thank you so much in advance.
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.
