My client is in the advance negotiation with an importer at Bangla Desh to set up a 100% Export Otiented Unit at New Delhi. The EOU will have semifinished goods without any labelling at New Delhi and the Product is herbal hair oil in different carrier oil bases; while at Bangla Desh it will be labelled,finished and will be marketed therefrom.
Now, my client wants to know that can this EOU be treated as one unit namely at New Delhi we make semifinished goods and at Bangla Desh we do the final finishing and marketing of the goods in question under one factory unit to take concession of the taxation in both the countries more in particularly in Bangla Desh.
Can my learned friends inform me firstly that where to register my client for 100% EOU in New Delhi and secondly what are the ways to make this product in question to be treated as under one factory, in order to take concession of the Bangla Desh import customs and excise and other taxation as our said products in question will be re-exported from Bangla Desh.
Thirdly, what ware the procedure to set up 100% EOU in New Delhi. Kindly let me know.
my wife had submitted the documents of 50% share transfer which are on the name of her mother in the society in Aug-2009.after the expiry of the mother in july 2008. and other hiers were aggreed upon the transfer and signed for no objection.
maintenance was not cleared by the retired father since 2007.brother was in education.
it was requested by the wife to the society ( secretary and chairman) that kindly transfer the share and the arrers will remain and will be paid by the father who is otheer 50% owner and my wife is a house wife.maintenance arrears was a huge sum we not denied for that.
that time documents was with Mr.secretary and it was promised that as soon as arrears will clear transfer will be done then only.
arrears cleared by the father in 2010 but in between he was regularly paying the amount more than maintenance so as it will not increase furthur.
after clearing the dues when my wife and her father said to transfer the share society refused with the word that the date of the indeminity bond is only valid for the period of six months and is expired now . you have to form the new papers .
society has negociated with some lawyer and he said that you have to take the signature of the other heirs again.
is it true that my wife has to form new papers for the society transfer.
if any one other hiers who was ready at that time may refuse at current in that situation or anything wrong happen.
a)notry of that bond have no value at current as those papers were signed by other hiers also.
b)new papers if formed again then the value of aggrement which formed in the year 2009 will wipe out.
c) why society is not transfering as per their words in old date.
d)how my wife may transfer the share in the society which is at her mother name.
e) if new documentation is necessary if any additional document required along with the old one without knowing the other hiers.for the transfer in society.
plz guide in such a condition.as we want to keep the value of old date and documentation.
at last if society refuses to transfer without new documentation can we go for legal proceedings .
thanks in advance
Hi expert ,
as new in this business i wanted to know about revenue stamp how important it is in the receipt given and how i can get revenue stamp
Happy Holi to all the Experts & other Members of Lawyers Club India.
RESPECTED EXPERT,I RECEIVED A GPA FROM ABROAD DULY NOTARIZED.IN INDIA ADHESIVE STAMP WAS AFFIXED & DULY CANCELLED BY DELHI TREASURY STAMP OFFICE TIS HAZARI.I WANT TO KNOW IS IT NECESSARY TO GET IT REGISTERED FROM SUB REGISTRAR,SECONDLY CAN I ALONE GET IT REGISTERED AS THE EXECUTOR OF GPA IS LIVING ABROAD.A PERIOD OF 15 YEARS HAS PASSED SINCE ADHESIVE STAMP WAS AFFIXED ON THE CONCERNED GPA OR IS THERE NO NEED TO PRESENT IT IN SUB REGISTRAR OFFICE AT ALL.KINDLY ANSWER, I NEED THIS GPA FOR FREEHOLD OF A PLOT OF LAND WITH DSIDC DELHI
My Mother has taken Varishtha pension Bima Yojana in the year 2003 from life insurance corporation and now we want to surrender the same, but lic is refusing to do so, as my mother needs money.
LIC says these policy doesnot have the provision of surrender and hence it will mature only after death. Age of my mother is 82 years
what can we do in these case ?
plz suggest gift deed of a car specimen from wife to husband and tell me whether affidavit for this cause is also reqd. if yes then send its speciman also.
lastly it can be executed on stamp paper of rs.10 also or not?
as per income tax act to claim depr. it is mandatory to gift to sole prop. firm name or to sole prop. name and whether trf. of r.c.under motor vehicles act is mandatory in this case or not.
I am working in Ambarnath (Bombay) based Company. We have incorporated Employees Credit Co-operative Society in the Company. Same is Duly registered.
In order to prtect Societies interest we take collateral securities in the form of LIC or other insurance policies , from Member obtaining loan of ceratin amount.
We have prepared Lien authority Letter to authorise Society to hold policies in the form of lien .
Is it require to get this lien authority letter franked? If yes then what will be the franking amount for this lien authority letter ?kindly mention the provision in the Bombay Stamp Act contaning the duty amount.
Is it require to notify with Insurance company regarding this lien ? What are the all other formalities required to be comply in this regard?
Thanks in advance ,
What is the validity of a commercial contract entered between two parties by exchange of letters such as offer and acceptance with terms and conditions set out therein BUT not executed in a Stamp Paper. Will it make such contract not enforceable in courts of law ???
Thank You !riven