Teena
17 November 2009 at 16:12
Hi All.
Can any body is having notification of ROC for name avalability, which can be used or applied only within 60 days
vaidee
16 November 2009 at 18:37
Dear Experts,
sec 164 of companies Act, suggest we can take copy of extracts of balance sheet and annual returns filed - whether it is applicable for private limited company and who can apply for the same.
Iqbal Singh
16 November 2009 at 18:26
There is a case in front of me where in two companies are the co-owners of the same land (say 10000 sq mtrs). Both are companies are group company. Amongst both company, one company is public limited company (LISTED) (named A having 40% share in land) and other is also Limited company (UNLISTED) (named B having 60% share in land). A and B have bifurcated their area with embarking the different sale deed specifying the area. Now A and B company has borrowed loan from Bank. Same piece of land will be mortgaged with both the bankers. According to one of the Advocate, both the company has to execute the mortgage deed on full 10000 sq mtrs of land rather than on their share as its difficulat to set boundaries for both the companies. Option given by the advocate are:
1. Execute separate sale deed demarking the area or
2. Pass a board resolution by both the companies (for full area of land) and both the companies will have to present during mortgage execution.
First iption is not feasible due to some mangement option. However, if second option is opted for, the concerned of A company is that it will amount to Corporate guarantee given by one company to another and prior approval of Central governemet will be required in case of A company.
Kindly let me know if the above is true. If yes, is there any notification or section is available which can avoid taking prior approval of Central government for execution of Mortgage deed.
Please do the needful and its required urgently.
Thanks
Anonymous
15 November 2009 at 20:15
Hi,
I really wanted to know few things like
1.How can a director retire from a pvt. Ltd. Co.?
2. Also the procedure if a director want to retire.?
3.In which case directors is more liable towards Co.'s liability if he retire or if he resign?
karunanidhi
15 November 2009 at 20:06
I havve signed an agreement of sale without reading it under which I purchased a washing machine for Rs.20,000/-. and I paid price in cash. The agreement excluded the liability of the manufactorer for all kinds of defect in the machine. But I did not read that agreement. The machine was totally defective.Can I sue the Manufacturer? advice me....please
Gaurav Agarwal
15 November 2009 at 19:00
In respect of a private limited company what is circular resolution? How it is issues? Please enlighten with all the details?
Gaurav Agarwal
15 November 2009 at 18:55
Who can call the meeting of Board of Directors of a Private Limited Company?
How notice of meeting of Board of Directors issued? Can a notice for meeting of board of directors be send through email? Is notice send through an Email valid according to Company law, IT Act and is it accepted by Court of Law?
AkshayAjay
15 November 2009 at 14:30
I have taken a Mortgage loan from an MNC Financial Institution, i am paying 2 emi's Rs.27000 & 14000 which are presented on 7th of every month due to recession & scale down in bussiness activiities i requested them to reschdule the presentment of one emi amt ie 27000 to 21st of every month by taking an advance EMI but they refused it I complianed to rbi ombudsman & NHB after the complaint also they refused to alter the presentment date, is their any legal course of action and will it be suceessful please help
R GAYATRI
15 November 2009 at 11:37
Dear Sir's,
Can you please confirm,as to whether subsection (1) clause (g) subclause (A) of Section 274 of the Companies Act 1956, regarding disqualification of directors for 5 years for non filing of annual accounts & annual returns for any / last continuous three years, is applicable to a Private Limited Company (limited by shares) which is not a subsidary of any Public Limited Company, even though the articles of association (of the Private Limited Company) does not provide for the same.
Is there any jugdement's passed by the SC or HC on the above subject?.
Thanking You,
Yours Truly,
R.GAYATRI.
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