my client has planning to take money from foreign investor to set up a new buisness in future. the same is received in currently in the pvt ltd company. the foreigner is just a investor i.e. sleeping partner.
my client has paid up necessary fees for registration of this transcation abou 1.25 lacs.
now my question is.
1. wether a pvt ltd comapny can take a loan from a foreign investor who is not a director, member or relative.
2. what procedure to be followed by the company to take amount from the investor.
3. what document to prepared .
4. which resolution to be passed.
5. can a company first issue the shares to investores and then take a loan is it possibel? because issuing share to him become a shareholder. and then we take money as a unsecured loan.
6. wether tds provision attrated to this.
pls reply as soon as possibel because it is urgent.
thanx in advane.
dear expert sir/madam,
Me and my friend started a consultancy firm as a pvt. ltd company.only two of us are the director of company for 50:50%. i want to ask when we earn money than after paying tax and all the expenses like ( payments of directors, payment of employees, rent, other expenses). can we both director the remaining money for self as we want if yes than how ? because we both want to buy home and our all money is coming to our company account.
Kindly suggest me the appropriate division of industrial activity as per NIC for the below object clause
To transact and carry on the business as importers, exporters, manufacturers’, representatives,
distributers, agents, brokers, factors, consignor, consignee, stockiest , commission agents,dealers, traders, service provider for the processing of the foods items, medical equipments,agriculture produce or all kind of goods, Commodities, merchandise by irradiation process and packaging of such items and import and export.
Whether the company can make donation to charitable purpose,not directly related to the business or for the welfare of its employees, when the company is running under losses? whether any resolution has to be passed in this respect i.e approval from shareholders for making donation even though the company has made losses in the current year?
Answer nowI need help from seniors for bonus issue of shares, object change of listed company by postal ballot. Please provide required formats without giving any company name.
Answer nowA company in west bengal transfers some of its goods purchased at cost price to its branch,outside the State.
How to show this Transfer in West Bengal VAT Return? How much input we wll be able to take it in West Bengal Return,full or some reduced amount?
Whether a company have to take approval from shareholders if it want to make contribution in political party an amount exceeding the limit as specified in the section,that is 5% of the average net profit for last 3 financial years.
Provided the Co.is not a Govt. co or co. in existence for less than 3 financial years.
Hi experts
we have applied a form 1A in ROC-Delhi on 6/07/2013.
but till date the status shows "Pending for Action"
I have call many time to Delhi-Roc but they says to do wait only.
even no response received to user complain.
Please provide some suggestion regarding this situation.
Can anybody please tell me that the affidavit that we have to make as per MCA Circular No. 11/2013 dated May 29, 2013, on what value of stamp paper do we need to take it?
Answer nowDear Sir,
I have a project which requires amount of Rs. 7 Cr. to start.
I am planning to incorporate a Pvt. Company.
Can you please let me know, how i can raise the capital of Rs. 6 Cr.?
My Planning is to Incorporate a Pvt. Company and by way of allotment and loan, want to raise capital. But I am confuse how to start the process, also don't know the exact the ratio.
Plz Help
LIVE Form 10 B and Form 10BB: Handle Tax Audit Reports of Charitable Organizations(with recording)
Can a pvt ltd comapny take a loan from foreign investor(its