Hello Professionals
What do you mean by ‘Companies with charitable purpose’ (Section 8) under the Companies Act, 2013? What are the conditions for the issue & revocation of the license of such a company by the Government?
companies
license
revocation
such
company
government
issue
purpose
charitable
In the balance sheet there are expenses liabilities payable to relatives of directors and outstanding for more than 3 years
Now whether such amounts to be highlighted anywhere in DPT 3!!
whether
years
than
such
amounts
anywhere
highlighted
more
outstanding
expenses
Hello Professionals
As per section 185 of the Companies Act 2013, no company can give loan or
Guarantee in respect of loan to director or any other person in which such
director is interested. Can a company give corporate guarantee or offer
security in respect of any loan taken by its subsidiary/company in which
director is interested/ where management is common from the Bank?
Hello Professionals
If a Company has granted stock options prior to the promulgation of the
Companies Act, 2013, then whether such stock options can be exercisable by the Independent Directors?
stock
options
such
whether
exercisable
independent
then
directors
companies
granted
Forwarded query:
One of a Company want to issue debentures with an option to convert such debentures into shares through CCPS in future. So while drafting documents of CCD do I write the line below or what would be the correct line.
1. Approval of Issue and allotment of 36 Unsecured Compulsorily Convertible Debentures and/ or other debt Securities on private placement basis
or
1. Approval of Issue and allotment of 36 Unsecured Compulsorily Convertible Debentures
Please advise at the earliest.
If a body corporate is offered 11,000 equity shares by private company under private placement basis can such body corporate subscribe for only 10,000 equity shares and refuse to subscribe the balance ?
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In which context, "the order" has been used in section 274(1) of the Companies Act 2013 and "such order" has been used in section 274(3) of the Companies Act 2013?
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