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Author: Admin

Home / Admin (Page 57)
Companies
Company

Do you wish to appoint independent directors ?

by AdminLeave a Comment on Do you wish to appoint independent directors ?

Your company wants to appoint an minimum of two independent directors in the following cases : (a) listed public company (b) unlisted public company (i) a paid up capital of Rs 10 crores or more (ii) turnover of Rs 100 crores or more (iii) outstanding loans of an amount in aggregate exceeding Rs.50 crores. If …

Uncategorized

Do you wish to apply for credit rating ?

by AdminLeave a Comment on Do you wish to apply for credit rating ?

1. Check whether your company is likely to issue one or any combination of the following : (a) commercial paper (b) fixed deposit (c) non-convertible debentures (d) preference shares (e) fully convertible debentures to be converted before eighteen months of the issue. (f) partly convertible debentures maturing before eighteen months of the issue. (g) bonds …

Appellate Court
Company

Do you wish to give loans to your directors ?

by AdminLeave a Comment on Do you wish to give loans to your directors ?

The following persons/entities come under the category of persons in whom a director is interested. (i) any director of the modified company or  any partner of a company or which is its holding company or relative of any such director. (ii) any firm in which any such director or relative is a partner. (iii) any …

Companies
Company

Transfer your shares as a member of producer company

by AdminLeave a Comment on Transfer your shares as a member of producer company

Section 465 in the 2013 act (which has not yet been notified) provides, inter alia, that the provisions of part IX A of the companies act 1956 which relates to producer companies. It shall be applicable mutatis mutandis to a producer company in a manner as if the companies act 1956 has not been repealed …

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