Dear Members
A Private Limited is availing Overdraft facility wherein the Immovable Property of a Director is mortgaged to the Bank. In such a scenario
1) will the company have to file CHG-1 since there is a provision in the eform to file details of borrowing wherein security belonging to other persons OR is CHG-1 optional since assets of the company is not mortgaged
2) In the balance sheet of the company, will such borrowing be shown as Secured or Unsecured, since the Company's assets are not encumbered in any way.
Thanks
Hello,
What is the procedure for a company to register a immovable property in its name if the property is currently belongs to another person who is not a shareholder of a company but he wants to be a shareholder of the company. The company has authorized and paid up capital of ? 1lac. Do we need to increase authorized capital and paid up capital of the company or transfer existing shares to the new person SH -4 will be enough? Please advise
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company
property
immovable
bringing
shareholder
Hello,
What is the procedure for a company to register a immovable property in its name if the property is currently belongs to another person who is not a shareholder of a company but he wants to be a shareholder of the company. The company has authorized and paid up capital of ? 1lac. Do we need to increase authorized capital and paid up capital of the company or transfer existing shares to the new person SH -4 will be enough? Please advise
--
company
property
immovable
bringing
shareholder
Renuka Ma'am,
In our case Director selling his residential flat to Private Limited Company.
In this case can you pls provide the procedure to be followed as per Companies Act.
Thank You,
Can a shareholder of the company mortgage his own property to the bank in favour of the company. Kindly help
property
mortgage
company
shareholder
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
What are the issues related to IPR (intellectual property rights) in India?
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rights
property
intellectual
What is the scope of Prohibition of Benami Property Transactions Act, 1988?
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property
benami
prohibition
WHEN THE ASSESSEE HAD MADE ROUTINE REPAIRS AND MAINTENANCE WORK (CONSTRUCTION) ON EXISTING IMMOVABLE PROPERTY. AND THE WHOLE EXPENSE IS DEBITED IN PROFIT AND LOSS ACCOUNT. MEANS NOT CAPITALISED ANY AMOUNT. CAN THE ASSESSEE TAKE ITC FOR GST PAID ON SUCH EXPENSES.
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Please suggest...
If company takes loan on the directors property, in this case whether charge to be created?
Whether Freehold Land is covered under AS-10 (Revised) issued by ICAI and if yes, whether Yearly Revaluation (Fair Value) is Mandatory??
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Please assist me knowing
Is it mandatory to file the particulars of charge created, with the ROC if a property is situated outside India ?
