Hello everyone,
What are the pros and cons of setting up a limited company or trading as a sole trader or partnership?
Dear All,
whether unsecured convertible debentures to be issued by private limited company, DRR is mandatory to create?
Thanks
Dear All,
A private limited company whose main objects is providing consultancy services, proposes to make investment in mutual funds and Stock market. So is there a need to alter MOA main objects as the income may be higher than the income from the consultancy services.
Also, will it be deemed investment Company?
Will it attract NBFC provisions?
Dear Friends,
Can a co. be registered with limited liability without the word 'Limited'???
Please share how to do and if possible share the drafts.
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Click here to view / answer Share it onCan anyone having a checklist on issuing of OCD for a private limited company then I would request to please share the same for easy reference.
As per section 180 is Exempted for private companies,
Therefore, in a private company the share holders and directors can give unsecured loan to private company ?
In annual DPT-3 filing, there is option to mention loan form directors and relatives of directors.
So in a family business (Pvt Company) father and mother are directors as well as share holders and children's are shareholders. So if children's give loan to company and father is also give loan to company, is it children's loans fall under loan from relatives of directors Or it come under loan from shareholders.
Please clarify ?
What are the process and cost for the conversion? Please suggest that what are the criteria need to fulfil before the conversion?
Click here to view / answer Share it onAs you must be knowing, the Companies (Prospectus and Allotment of Securities) Third Amendment Rules, 2018 notified by the Ministry of Corporate Affairs, on September 10, 2018 states that:
Every unlisted public company making any offer for issue of any securities or buyback of securities or issue of bonus shares or rights offer shall ensure that before making such offer, entire holding of securities of its promoters, directors, key managerial personnel has been dematerialized in accordance with provisions of the Depositories Act 1996 and regulations made there under.
Also, with the amendment in section 29 of the Companies Act, 2013 Date. 31.07.2019, the word "PUBLIC" has been omitted. Hence, Private Limited Companies may be required to get ISIN as well. Please clear when its mandatory to get ISIN for Private Companies and if yes then PAS-6 is also need to file ?
Certificate of Incorporation of limited liability partnership (LLP) must be issued by the Registrar in Form 16 but is any timeline for ROC for approval ?
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