Dear all,
Can a private limited company accept a interest-free loan from the director?
Dear All,
Every director shall disclose his concern or interest by giving a notice in writing in Form MBP-1. Whether such disclosure of interest is required in respect of shares held in any company ? Can an interested director of a private company participate in such meeting where he is interested ?
directors
interest
disclosure
Dear All,
Will the passage of the Protection of Interest of Depositors in Financial Establishments by the State Governments help in nailing unincorporated entities and companies from unauthorizedly accepting deposits?
depositors
interest
Dear All,
NBFCs are charging high interest rates from their borrowers. Is there any ceiling on interest rate charged by the NBFCs to their borrowers?
Hello Professionals!
What do you mean by Expression of Interest under Insolvency and Bankruptcy Code ?
under
interest
expression
Dear All,
A real estate company has taken advance from its customers on which no interest is payable, will it be treated as deposit as per the Companies Act, 2013.
Dear Friends,
Every director shall disclose his concern or interest by giving a notice in writing in Form MBP-1. Whether such disclosure of interest is required in respect of shares held in any company ? Can an interested director of a private company participate in such meeting where he is interested ?
director
interest
disclosure
Hi Everyone!
What is the interest in section 184(2) of the Companies Act, 2013 that has to be disclosed by the director? Is it his shareholding and if so, all his
shareholding or only where it is in excess of 2%?
director
interest
disclosure
Dear Members!
Are notices of disclosure of interest received from
directors in terms of Section 184 of the Companies Act,
2013 required to be filed with the ROC? If yes in what
form?
director
interest
disclosure
intimation
Dear Folks,
for the purpose of taking into note the resignation letter of director by resolution by circulation method
can the director itself is allowed to vote in the said resolution or he will be excluded from the directors entitled to vote,
before reaching to any conclusion I would like to bring your attention on section 175 which seems ambigous regarding it.
thanks in advance
director
interested
Dear Learned Member,
Pl. Let me the procedure for registration of NBFC Company under Central Registry of Securitisation Asset Reconstruction and Security Interest of India
reconstruction
asset
security
interest
india
securitisation
registry
nbfc
company
under
As per the provision of the section 184(2) of the Companies Act'2013,
[(2) Every director of a company who is in any way, whether directly or indirectly, concerned or interested in a contract or arrangement or proposed contract or arrangement entered into or to be entered into—
(b) with a firm or other entity in which, such director is a partner, owner or member, as the case may be,
shall disclose the nature of his concern or interest at the meeting of the Board in which the contract or arrangement is discussed and shall not participate in such meeting:
Now my question is that ABC Pvt. Ltd. is a Company in which "D" is a Director and another there is Proprietorship Firm i.e. M/s XYZ runned by Mrs. "R" who is the wife of Mr "D".
Now Company ABC Pvt. Ltd. did a Transaction with Proprietorship Firm is M/s XYZ.
Now it is clear case of Related Party Transaction because Mrs. R is a wife of Mr. D.
Now my question is
(a) whether Mr. D who is the Director of ABC Pvt. Ltd is an Interested Director due to this transaction? if yes how and why?
(b) Whether any interest of Mr. D in this Transaction.? if yes how and why?
please reply in detail with references.
director
interested
determination
