Anonymous
28 April 2020 at 18:37
I am a creditor of a Company which has been mismanaged by the Directors who siphoned off its assets. These facts are apparent from its Balance sheets etc which are available in public domain.
As a Creditor(not a share holder) ,who do I go with a complaint about the affairs of the company, a Civil Court or the NCLT ?
Secondly the Company has not filed any annual returns etc for the last two years and hence I dont have the latest status of the this Company ! As a Creditor can I complain about this fact to the MCA ?
I have apprehension that the Company is trying to close down after manipulating the account books etc shortly !
Shobhit Jain
23 April 2020 at 22:24
Are there any investment restrictions put up by RBI on sale of loan portfolio by means of securitization to a foreign investor?
For eg. Bank A (Indian Bank) sales its loan portfolio to Investor B (based in USA) whether such transactions are covered under external commercial borrowings or any other restrictions put up by RBI for raising foreign currency fund?
Nitin Mane
21 April 2020 at 13:20
Please explain me the rule for naming under section 8 of companies act 2013.
I want to register a section 8 company and the name will start with "Bharatiya" and it will be include "Chamber of Commerce".
I got reference of a company registered in 2016 BHARATIYA DIGITAL PRODUCTIONS PRIVATE LIMITED
If this private company can be registered with word "Bharatiya" then for Section 8 it might have no objection to register with the name Bharatiya.
Some of companies saying that the inclusion of words like India, Bharat etc. requires authorized capital of 5 lakh of Pvt. Ltd, if this is any rule my consideration is that this rule will not be applied on section 8.
Please give your opinion in this regard,
Note: I am thinking for my section 8 to be registered as MSME Development Organization next day after incorporation, which is possible for me without any hesitation.
Shobhit Jain
09 April 2020 at 16:48
Is there any limit on minimum rate at which NBFC can lend money to its borrowers?
Shobhit Jain
08 April 2020 at 21:17
Can banks/NBFCs sell their loan pool(mortgage) in foreign countries under the securitization process?
SUDIN MUKE
20 March 2020 at 19:15
I want new water connection in pagdi system.. and applied as well in bmc but now bmc kept it on hold saying property tax is pending from landlord and we need Full amount then we ll clear your connection.. can bmc hold my connection just coz landlord haven't paid property tax
Anonymous
14 March 2020 at 13:16
respected sirs,
whether anyone has the resolution draft to seeking recognition of MUHS to start new certificate course /fellowship , plz share
rohit nerlekar
10 March 2020 at 12:36
In the case of pvt. ltd. company maximum members are 200 if one of the member died who owned share capital of rs. 100000 if that share capital divided in 10 person i.e. 10000 each whether they are treated as members and if figure goes above 200 members pls. let me know what is the provision as per law?
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Need urgent help regarding section 8 company
Dear sir/mam,
We at Abhayudaan, Decided to setup an Section 8 Company to fulfill our some objectives in the field of Education and Research. But we are facing some issues or confusions, and we wants to solve out before registering Section 8 Company. We like if you can provide us a help for same. Questions are as under..
1). As currently We ( Me and My Partner ) doing job so we have Source of income. But after setting up foundation we have to work for only foundation and all of we know that as a director of any foundation we are not able to draw any salary so in such manner we do not have any source of Income. So please guide me the ways which can help us to feed our family as with Social Work. Here we wants to clarify that to solve out this scenario. we decided to seat our fathers ( Father of me and my friend) an director. And we work as an employee. so this is good or not?
2). As we know in initial face foundation will be in active for few of months due to lack of fund availability. in that scenario what legal action will be possible to take by government officials?
3). As on your experience suggest me which kind of section 8, I have to register LLP or PVT.LTD ? Here i wants to mention that currently we do not have any registered entity or any pvt.ltd company. We are just begin our journey with Section 8 Company only.
Please give me a best advice as soon as possible. Or also you can contact me with mail at founder@abhayudaan.org