Dear Friends,

Two foreigner Directors have Floated a company in india with authorized capital of Rs. 1 Lac which is not sufficient for running the organisation. now they wanted to know, which mode will be easier to bring and get back the money towards working capital needs etc.. and also the procedure where i will get.

if anybody helps me in this regards that would be great guys as i am dealing this issue first time.

Thank you

good mornings dear experts

One of my relatives are into money lending business and real estate business. They finance money to general public, companies, real estate developers and so on.
Now he wants to make this business legalise by floating a Private Ltd company.

As of now he do not have funds to incorporate an NBFC.

Sir what is the remedy to this situation..?
Is there any other alternative to do such money lending business..?

Dear Sir, Why form21 is required to be submitted under the Companies Act.

whether ne w company law will be applicable in conversion of pvt company into public, if we are going to convert in this month

We have two companies Kens technosoil and Kens Management....Kens technosoil pays rent for the office...and we want have same address for both the companies but lease agreement is with the name of Technosoil so what we need to do for address proof...does NOC from landlord along with lease agreement is sufficient in case we don't want to change our agreement....
My second query is what about NOC from director do we are needed that our share holders and Board of directors are same in both the companies

Provided that Sec 185 shall not apply to—
(a) the giving of any loan to a managing or whole-time director—
(i) as a part of the conditions of service extended by the company to all its employees;

Let me know what it say exactly...if a company sometimes giving loan to employees @ prescribed interest rate....then can a company give loan to its whole time director...?

can a company do this, if yes then with interest or without interest?

please help

sir please tell me one of a private limited company does not have any transaction and regularly filing returns with Roc what about preliminary expences which occurred every year example audit expences, expences of mantaning bank accounts etc. should they debited to reserve and surplus account or it should be written off

Dear Experts,
We have a registered office and we are keeping the books of account at other place then registered office , within the local limits.
Now we want to shift the registered office of the company where books of accounts are kept.

So in my board meeting do I need to take agenda for shifting registered office and change in place of books of account. Both the places are going to be the same.

Do I need to file both form 23AA and form 18.

If we do not file form 23AA is is presumed that the books of accounts are kept at the registered office.

Company receives a show cause notice from roc for violation of section 146 of the companies act 1956. States that roc have received a complaint form one of the director of the company and company have not filled form 18 as change of the registered office . But technically the company has filled the form and it's in the records of the roc , surprisingly letter was also posted on the registered office only which the company is presently having. Need assistance ?

I want to know that Private Company have issued Redeemable Preference Shares on 24/03/2004, so what is the last date which Preference Shares to be Redeemed.
Secondly, we have enough brought forward profit from which Preference Shares can be redeemed, so can any one give the format of Board Resolution and procedure to be followed it this regard.
It is very urgent.