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#CASE STUDY 10
🔸CHARTERED GURU🔸
🔸Case study Series🔸
👉M/s Jay Limited is a public limited company but due to certain reasons it wish to get converted into a private limited company
👉It has passed a special resolution in that regard
👉One of it’s director is of the opinion that the company must apply to the central government for getting approval for the conversion
👉The other director is of the opinion that approval from National company law Tribunal is required for it
👉please suggest as to whether or not any such approval necessary
#CASE STUDY 9
🔸CHARTERED GURU🔸
🔸Case study Series🔸
👉XYZ limited bought 450 equity shares in PQR Limited in the open market (which constituted 5% of total voting rights of PQR Limited)
👉After few months PQR Limited bought 60% of the total share capital of XYZ Limited (which gave it voting rights of 60%) and consequently XYZ limited become its subsidiary company
👉which of the following is true in relation to this case
#CASE STUDY 8
🔸CHARTERED GURU🔸
🔸Case study Series🔸
👉M/s Jadoo limited is a company incorporated under companies Act 1956 as a private company and its turnover in immediately previous year was Rs.1.75 Crores and it’s paid up capital is Rs.25 Lacs, it’s 75% voting power is with another company which is a public limited company
👉M/s Jadoo limited may be treated as a
#CASE STUDY 7
🔸CHARTERED GURU🔸
🔸Case study Series🔸
👉M/s PQR Inc is a company incorporated in USA,
👉Indian firms import goods from the company from USA but the company don’t have any place of business in India
👉Can this company be treated as foreign company within the meaning of Companies act 2013
#CASE STUDY 6
🔸CHARTERED GURU🔸
🔸Case study Series🔸
👉M/s X limited is a company having paid up share capital of Rs.1 Crore (which gives right to total 50,000 votes)
👉M/s Y limited holds 45% voting power of M/s X limited
👉M/s Z limited holds 20% voting rights in X limited
👉M/s XYZ limited holds 75% voting rights in Y Limited and 60% voting rights in Z limited
👉M/s X limited is subsidiary of
#CASE STUDY 5
🔸CHARTERED GURU🔸
🔸Case study Series🔸
👉The institute of Chartered Accountants of India is company incorporated under a separate act of parliament
👉Can provisions of companies act 2013 be applied to the ICAI
#CASE STUDY 4
🔸CHARTERED GURU🔸
🔸Case study Series🔸
M/s PQR Inc is a company incorporated in USA, it has no branch in India but it’s online products are bought in India through its website, the company accepts payments through online mode and then goods are dispatched through courier to place of customers in India, can M/s PQR Inc be termed as foreign company within the meaning of Companies act 2013
