What is the process for converting an existing company into a Nidhi company?
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Click here to view / answer Share it onIn a startup Pvt. Ltd. Company Director is being provide loans wef 01/06/2022 to the company as per requirement in the company mainly for paying salary, till date she has given Rs. 1.80 Cr. Now she wants to convert this loan into equity at current valuation of the company (that comes Rs. 48000/+ as per DCF). So far MGT -14 is not filled for this Loan conversion into equity as required under section 62(3). Pls suggest what to do in this case. As for allotment PAS 3 is required to be filled and in PAS -3 reference of MGT -14 is also required
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What is the treatment for stamp duty issues, both in terms of original incorporation and conversion from other business structures? Would there be any stamp duty exemption in case of conversion?
Hi Everyone!
In case of conversion of LLP to Company, whether physical MOA or AOA is required to file at the time of conversion?
Hi Folks!
In case of conversion of One Person Company to a Private Limited Company, if a Company increases its members by transferring the shares to another person to satisfy the requirement of minimum two members in a Private Limited Company and if the Registrar reject the application of conversion, whether the effect of transfer will be null and void from the date of rejection of application?
Hello all,
Under what circumstances can a private company be converted into a Public Company
Hello Professionals
The Securities and Exchange Board of India has a department for cases related to the diversion of funds, resources, and bank loans by promoters of a company. What is the name of that department?
Company will be considered as Public company since where a company being a private company alters its articles in such a manner that they no longer include the restrictions and limitations which are required to be included in the articles of a private company under this Act, the company shall, as from the date of such alteration, cease to be a private company.
Name Change will be effective from the date of COI or EGM ?
CHG-8 Filed through new MCA portal and the status of the same is got Approved - Pending for payment and the cost is reflecting Zero on the portal but haven't received a copy of the order yet for the approved form.
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