Hello Everyone
In case the subscriber to the memorandum is a foreign national
residing outside India, his signatures and address, etc. shall be
witnessed by a Notary Public/Embassy/Consulate offices of
Embassies as per the Rule 13 of the Companies (Incorporation)
Rules, 2014. In such cases, how can the DSC of such a witness
be affixed?
Hi Members!
Is there any declaration required in case a merger or amalgamation is taking place between an Indian company and a company or body corporate has been incorporated in a country that shares a land border with India?
border
india
land
sharing
amalgamating
companies
declaration
Foreign Direct Investment (FDI) policy, monitoring of Ease of Doing Business reforms and Investment Promotion and Facilitation activities. Investment Promotion is being carried out as an activity.
but if we want to do Overseas Investment, then what are the options available in the field of consultancy business ?
companies
indian
policy
investment
overseas
As per the Secretarial Standard 2, serial no. shall be given to each extra-ordinary general meeting held by the company after the secretarial standards came into force from 1st July, 2015. Annual General Meetings shall be held either at the registered office of the company or at some other place within the city, town or village in which the registered office of the company is situated, whereas other General Meetings may be held at any place within India.
Explanation to Rule 18 of the Companies (Management and Administration) Rules, 2014, prescribes that the Extra-Ordinary General Meeting should be held at a place within India. Thus, an Extra-Ordinary General Meeting should be held only in India though not necessarily within the city, town or village in which the Registered Office of the company is situated.
However, Clause 27 of the Companies (Amendment) Bill, 2016 seeks to amend sub-section (1) of section 100 of the Companies Act, 2013 to allow the wholly owned subsidiary of company incorporated outside India to hold its extra ordinary general meeting outside India. As per Clause 27, in section 100 of the principal Act, in sub-section (1), the following proviso shall be inserted, namely:—
"Provided that an extraordinary general meeting of the company, other than of the wholly owned subsidiary of a company incorporated outside India, shall be held at a place within India."
What are the steps need to be done for the closure of Producer Company with No business since incorporation and no bank account yet opened?
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One Director holding 0.01% shares on behalf of the holding company in a subsidiary company in india. for the purpose of minimum number of shareholders for MOA.
Now the holding company wants to change the name of representative of such 0.01 shares to another person
Please confirm how to change ?
company
india
subsidiary
representative
holding
Hi All!
Whether the provisions of Chapter III of the Companies Act, 2013
and Rule 18 of Share Capital and Debentures Rules, 2014 be applicable on the issue of rupee bonds by Indian companies exclusively to a person resident outside India?
Please share other regulatory conditions as applicable under FEMA
Can Nidhi Company be Striked Off
Please suggest
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Whether a foreign Company can be registered as a Section
8 Company in India?
company
india
section
incorporate
foreign
Dear Concerns,
Can persons resident in India subscribe to bonds (foreign currency/INR) issued by eligible ECB borrowers in overseas centers or IFSCs as permitted in the ECB framework?
Forwarded:
Please confirm if any US holding company can transfer fund (Idle Fund) to its Indian subsidiary company for Investment in India through Bank FDR etc.
If Yes, then what is the procedure?
If no, then what legal alternatives we can use to transfer such idle fund in India to earn some Income.
subsidiary
company
indian
holding
loan
form
permission
