Kumar Nayudu
27 April 2017 at 11:22
Please any one provide ANDHRA PRADESH NON-TRADING COMPANIES ACT, 1962.i want to know Fees,penalities, compounding offence
Please paste the fees, penalities here or if there any publication (ANDHRA PRADESH NON-TRADING COMPANIES ACT, 1962) is there tell me the publication name,which place to available the publication
Aman Jain
19 January 2017 at 15:52
What happens to the assets of the Subsidiary company when the Holding company goes into liquidation?
Are the assets of the subsidiary company affected?
Any case law that provides knowledge on this legal proposition?
Member (Account Deleted)
27 June 2015 at 14:48
The listing agreement provides exemption from obtaining approval of Audit committee for related party transactions between two government companies. MCA vide its notification dated 5th Jun’15 provides exemption from obtaining approval for related party transactions between two government companies.
MCA has granted exemption from section 188 for transactions between two Govt. Companies but not from section 177(4) (iv).
Terms of reference of audit-committee inter-alia includes approval or modifications of all RPTs.
Therefore, above transactions need approval of audit-committee. However, no approval of the board/shareholders will be required, if it does not attract section 188.
Others may express their views on the matter.
Isha
20 June 2014 at 12:30
In a trust of 168 accounts (say Trust A), we have one account (say account X), in which a QIB has shown interest to invest. However, investment by the QIB in Trust A is not feasible since valuation of the account X as a part of the portfolio value is not feasible. In other words, while the valuation of the account X is possible based on the nature of underlying securities, the valuation of entire trust is not possible at this juncture due to the difficulty in determining the anticipated proceeds from the balance underlying assets, the expenses and the timelines. The transaction will be done in the following steps:
1.Assignment of Asset X from Trust A (managed by ARC) to Trust B (managed by ARC) at the agreed value say “M”.
2.Trust B will simultaneously receive amount M from ARC for payment to Trust A, and issue SRs (of face value of Rs 1000 each) to ARC (trust deed will be executed for the same) for the amount “M”.
3.ARC will transfer 95% SRs to the QIB at par value.
The following points may be clarified:
A.Legal validity of the proposed structure.
B.Compliance of RBI guidelines for the proposed structure.
Member (Account Deleted)
17 June 2014 at 10:57
Whether there is any requirement of deposit of fees for appointment/re-appointment of independent directors?They are recommended by the Bods and not any intending director/member.
VIPUL KUMAR SHARMA
31 March 2014 at 11:54
what should be done when a promoter get expired in February.While making disclosure regarding regulation 30(2)of SAST 2011.what procedure we should adopt regarding the expired promoter filling.
and please tell me changes in other matters also regarding this.
Students
19 July 2013 at 15:59
What are the Liabities of an MVAT Auditor who along with the Trader indulges in Evasion of MVAT Tax (by Certifiying Audit report in Form 704 knowing that there is tax Evasion i.e paying only 1 % instead of 12.5%) and charges Premium Fees for Signing the Bogus MVAT Audit Report
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What is the procedure to start an online education business?
Hello,
My wife wants to start an online education business. The courses will be like-
financial planning,Investment management etc.
We don't know the legal process before launching the online business.
Please provide advice regarding the following-
1. Can she start her business from her parents' home address in West Bengal? Is NOC from parents or commercial power connection or any other documents required then?
2. She wants easy to manage paperwork for her business. Which type of business structure should she form- partnership/LLP/PVT LTD?
3. What licenses should she get - Municipal Trade license,VAT,CST, GST?
Please advise us. Thanks in advance.