ICD
This query is : Resolved
25 January 2011
Can a private ltd. Share broking Company accept ICDs?
Is there a limit on accepting funds through ICDs?
Is there a limit on accepting funds through ICDs?
25 January 2011
Provisions of section 372A of the Companies Act, 1956 pertaining to Inter corporate loans, investments, deposits etc. are not applicable to an Independent Private Company.
The Company in question can very well accept ICDs.
God Bless
CS Udit Sharma
The Company in question can very well accept ICDs.
God Bless
CS Udit Sharma
25 January 2011
Thanks for your help Udit.
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Is this income indian or foreign income?
- 15ca /15cb whose income tax login? remitter or nri seller's login?
- ITC temporary reversal and reclaim
- RCM applicability on Rent Paid by Registered Person to Unregistered Landlord for Residental Building
- Regarding Documentation & Compliances for Opening of Unit of Pvt Ltd.
- GST on export of services and Input Credit
- TDS U/S. 194NF
- Applicable TDS rate for sale of property in Nov 2024
- GST ON EXPORT COMMISSION
- Import license renewal
- LAST YEAR 2022-23 ITC IN NEXT YEAR 2023-24 REPORITNG IN GSTR-9
- MIS MATCH OF INVOICE NUMBER
- IGST Credit-Show cause notice issued-confusion
- Issue of gst e invoice
- How to adjusted advances given or receipt
- Foreign vendor without PAN unable to to register due to non receipt of OTP on foreign number ?
- 133(6) DIN INVALID format error - ->WHERE TO REPLY 133(6) notice?
- Query for dubts
- Regarding einvoice taken on nil rated sales
- Strategical investment in Public listed company
Trending Online Classes
CAclubindia
