Is it permissible for a company to obtain an unsecured loan from entities other than its directors or shareholders?
Click here to view / answer Share it onIf there is no Significant Beneficial Owner (SBO) in the holding company, meaning no shareholder holds more than 50% of the total shareholding, is there no requirement for the subsidiary company to file Form BEN-2?
Click here to view / answer Share it onCan shares be issued for consideration other than cash to foreigners under FEMA?
Consideration would be advisory services.
Regarding the disclosure of outstanding unsecured loans from external parties other than Directors, promoters, and their relatives, for a private company that has held these loans for several years, could you please clarify the appropriate section in DPT-03 where these loans should be disclosed?
Click here to view / answer Share it onIn 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!!
Dear All,
Can a auditor be appointed for the tenure of less than 5 years in the Annual General Meeting of the Private Company? If yes, is there any exemption notification of MCA for private Company?
Hello Everyone!
How we can apply for the DIN application of more than three persons to be appointed as director in a Private Company before its incorporation?
Can we start more than two businesses with one GST number?
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Can AGM held other than register office what are the compliance have to done for doing GM other than register office?
As per sub-section (1) of section 101 of Companies Act, 2013, a company can call a general meeting by giving notice of twenty one clear working days notice either in writing or through electronic mode. Refer to Notification No. GSR 464(E) dated 5-6-2015 (Exemption to Private Company), in case of private companies, Section 101 shall apply unless otherwise specified in respective sections or the articles of association of the company provide otherwise. so private limited company can hold a general meeting by giving notice of less than 21 days if the articles of the private company so provides ?
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Will advance towards annual maintenance service for more than
365 days be treated as a deposit?
Dear Professionals,
Following objection raised by the CRC for the Producer certificate or Khasra/ Khatauni is in regional language than It should be in translated in English & certified by the professional
Pl make the following compliances as it is final opportunity :- 1. The address mentioned in the utility bill is incomplete viz. not having vital details like House no./Flat no./Plot no./Road/Khasra/Khatauni etc. Provide precise location details to enable service of documents at the mentioned address. Attach another documentary proof with complete address along with NOC. In case of rural areas not having exact / precise location in the utility bill, start with C/o (owner of the premises) in the registered office address details. 2.Producer certificate of all subscribers certified by tehsildar/ agriculture officer/ patwari/ SDM/district administrator on their letterhead with Clear Office Name & Address, Tel. No., Email-ID and Signing officer's Name, Designation, Contact No., stamp etc. and/or Khasra/ Khatauni should also be attached. if Producer certificate or Khasra/ Khatauni is in regional language than It should be in translated in English & certified by the professional. Please highlight the names of subscribers in khasra / khatoni if attached.
What should I do?