1. What will be place of supply in case of Books in Hard Copies delivered to place outside India & address in records exits and Payment to be receive in INR through him or relative in India ? Also, whether same will be consider as export of goods in term of taking anything being movable outside India.
Further, Can same can be presented in Balance Sheet as Export of Goods ?
What will in case Books sent via Email in soft copies ?
2. What will be place of supply in case of Online Tution/coaching provide to student siting outside India & address in records exits and payment received in INR through his account or his relative in India. Whether
Further, Can same can be presented in Balance Sheet as Export of Services ?
Whether physical copy of application/petition duly notorised, as done earlier, is still required to be attached with form INC 23 for change of registered office from one state to another state. '
Click here to view / answer Share it onDear Members,
If a public unlisted company wish to issue debentures on private placement basis,
then as per proviso to rule 14(1) of companies (prospectus & allotment of securities rules)2014 as reproduced below
Provided further that this sub-rule shall not apply in case of offer or invitation for. non-convertible debentures, where the proposed amount to be raised through such offer or invitation does not exceed the limit as specified in clause (c) of sub section (1) of section 180 and in such cases relevant Board resolution under clause (c) of subsection (3) of section 179 would be adequate:
According to it the company can issue debentures if issues of ncd is within borrowing limit only by board approval and no need for gm resolution.
please clarify whether my understanding is correct.
kindly reply.
placement
private
debentures
issue
Please share draft documents required for allotment of shares on private placement basis by a private limited company.
If the registered office of the Company is in Gujarat, can stamp duty on share transfer be paid in Maharashtra by franking?
Dear Members,
Kindly let me know, whether we can replace old share certificate with new share certificate with respect to change in "Distinctive Numbers". In case we can replace, do let me know the procedure for the same.
Kindly guide me through this.
certificate
share
replacement
What should be the place of Board Meeting where Chairman attends via Videoconferencing? Should it be where Chairman is or should it be where the majority Directors are physically present?
Also, if Chairman is attending through Video Conferencing, should the physically present Directors elect a new Chairman for that meeting from amongst themselves?
A Company wishes to make private placement in tranches. Can it do it in one EGM and one PAS-4 or does it have to take EGM approval and new PAS-4 for each tranche?
In my company, there are 2 shareholders, 1st is a Foreign company which holds 99.99% and 2nd is a nominee of foreign company who hold 1 share just for the sake of compliance of minimum number of shareholders.
Now my Company, wants to issue more shares to Foreign Company, so should I consider it as a right issue or private placement??
Private Placement can be done in tranches?
Like we file MGT-14 with valuation report for private placement
and Funding will come in tranches ,so we file PAS-3 as we get funds.
Also can anyone share me drafts of such type of private placement
And does ROC , pose any trouble for the same?
Respected members:
Request you to kindly provide the clarity in respect of the procedures for issue of shares through private placement and whether the valuation under the same is required from a registered valuer or not?
Please provide clarity along with the corresponding sections and rules.
Please advise. Thanks in advance.
Dear All,
A Private Company has conducted EGM on 24th day of July 2019, for further issue of CCPS under Private Placement basis & approval of Shareholders for the issue of letter of Offer.
When shall I Open the Offer either on EGM date itself (i.e. 24.07.2019) or is there any time limit for the same?
Kindly advice.
