Regulation 23 (4) provides that all material related party transactions shall require approval of the shareholders through resolution and no related party shall vote to approve such resolutions whether the entity is a related party to the particular transaction or not. In this regard, whether only those related parties who are related to the concerned transaction/ contract should not vote to approve or whether related parties should altogether not vote to approve such transaction?
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lodr
sebi
transaction
party
related
Dear Members!
As per the Sale of Goods Act, 1930, the definition of ‘goods’ includes
‘shares’. Whether selling of shares to related party will fall under the
purview of section 188 ?
Hi members!
Whether it is necessary to pass Board Resolution if a transaction is
transacted at arm’s length basis with a related party?
transactions
party
related
1. Section 184(1) - Should foreign directors disclose their interest or concern in entities that are located elsewhere except India?
2. Section 184(2) - Does the wording "shall not participate in the meeting" mean to not participate in the entire meeting or only for that respective agenda?
Please clarify
Dear All
Is there any specific format as per Schedule III of the Companies Act 2013 for disclosure of related party transactions in financial statements?
transactions
party
related
Dear Members,
Anyone uploaded or even started filling Form 3 Etc. or even in the process of doing Form 3 and 4 of LLP.
Please let me know and share your contact details.
I have queries.
form
resignation
appointment
query
related
Hi,
If Co A holds 9999 shares and Mr. B holds 1 share of Z Company.
Then what should be written on the Share Certificate of Mr. B?
Mr. B (Nominee of A), Mr. B (Authorised Representative of Mr. A) or pls suggest any other suitable title.
certification
share
related
query
Hello,
I have already registered as Business User in the new MCA My Application portal. Then if enter the user name - mail id, I am getting an error as "Please enter valid username" not able to login to LLP Filings with old Login credentials also..........
Kindly resolve my query
Hello everyone,
I am incorporating a Company for making movies and other related works. (Film Industry), Kindly share your knowledge whether i have to take any other approvals or certification with any other authority.
Kindly help me with this query.
movies
related
work
making
incorporated
required
registration
company
other
Dear Professionals,
One of the director of Private limited Company was purchased the land in the name of Private Limited Company in 2006, without the board approval or intimation.
Is this any violation under companies act 1956?
Dear Professionals,
One of the director of Private limited Company was purchased the land in the name of Private Limited Company in 2006, without the board approval or intimation.
Is this any violation under companies act 1956?.
Hell Everyone,
Here is the situation -
1. Company has issued shares through right issue and they have passed a resolution for that as well & Form PAS- 3 through back date has been filed with late fees. (Date of allotment - 30th March 2021).
2. Above allotment has been done in order to be eligible to get a loan from the bank.
3. However, application money has been received after 4 months of allotment.
4. So the question is how it can be shown in a balance sheet or eventually its treatment.
5. However, there was an option earlier that allotment be done to set off the borrowing of directors but resolution has already been filed for Right issue against the money. So, this can't be done now.
