sanjiv batra
18 April 2009 at 16:37
DATED: 17TH APRIL’ 2009.
DEAR SIR,
ACCORDING TO COMPANIES ACT 1956, A PRIVATE LIMITED COMPANY REQUIRES MINIMUM TWO SHAREHOLDERS FOR INCORPORATION, WHEREAS A PUBLIC LIMITED CO. REQUIRES SEVEN SHAREHOLDERS FOR INCORPORATION.
LOGICALLY THEREFORE I UNDERSTAND THAT WHEN A PARTNERSHIP FIRM WITH TWO PARTNERS WANTS TO CONVERT ITSELF INTO A PUBLIC LIMITED CO. UNDER CHAPTER-IX OF CO’S ACT, IT MUST FIRST ENHANCE THE NUMBER OF PARTNERS TO SEVEN, ONLY THEN IT CAN CONVERT ITSELF INTO A PUBLIC LIMITED CO., BUT ACCORDINGLY WHEN A PARTNERSHIP FIRM WITH TWO PARTNERS WANTS TO CONVERT ITSELF INTO A PRIVATE LIMITED CO. UNDER CHAPTER-IX OF THE CO’S ACT, IT CAN DO SO WITH TWO PARTNERS ITSELF WITHOUT ENHANCING THE NUMBER OF PARTNERS.
KINDLY CONFIRM MY UNDERSTANDING URGENTLY.
ALSO TELL ME THAT WHAT WILL BE THE INCOME TAX IMPLICATIONS?
THANKS
SKB
sanjiv batra
18 April 2009 at 16:31
DATED: 17TH APRIL’ 2009.
DEAR SIR,
ACCORDING TO COMPANIES ACT 1956, A PRIVATE LIMITED COMPANY REQUIRES MINIMUM TWO SHAREHOLDERS FOR INCORPORATION, WHEREAS A PUBLIC LIMITED CO. REQUIRES SEVEN SHAREHOLDERS FOR INCORPORATION.
LOGICALLY THEREFORE I UNDERSTAND THAT WHEN A PARTNERSHIP FIRM WITH TWO PARTNERS WANTS TO CONVERT ITSELF INTO A PUBLIC LIMITED CO. UNDER CHAPTER-IX OF CO’S ACT, IT MUST FIRST ENHANCE THE NUMBER OF PARTNERS TO SEVEN, ONLY THEN IT CAN CONVERT ITSELF INTO A PUBLIC LIMITED CO., BUT ACCORDINGLY WHEN A PARTNERSHIP FIRM WITH TWO PARTNERS WANTS TO CONVERT ITSELF INTO A PRIVATE LIMITED CO. UNDER CHAPTER-IX OF THE CO’S ACT, IT CAN DO SO WITH TWO PARTNERS ITSELF WITHOUT ENHANCING THE NUMBER OF PARTNERS.
KINDLY CONFIRM MY UNDERSTANDING URGENTLY.
PLEASE TELL ME WHAT WILL BE THE INCOME TAX IMPLICATIONS?
THANKS
SKB
Member (Account Deleted)
18 April 2009 at 15:29
Can an advocate distribute visiting card?
what are the restriction upon visiting card of advocates?
what data can not be published in visiting?
Please tell me whether followint informations can be included in visiting card;
1. LLB, LLM, PhD
2. Civil practice, Matrimonial Dispute specialist etc.
Lt Col atultyagi
18 April 2009 at 14:24
In a govt registered residential society, the elected committee has decided to axe some trees - erect, shady & young.
On query, the answer given are:-
- It has been decided by the committee.
- The reasons for decisions cannot be disclosed.
Questions:-
- What are the conditions which are required to be fulfilled before a tree can be axed?
- can a an elected committee of registered residential society take a decision of this nature & callupon private labour to axe the tree present in the colony premise?
- To what extent the Right to Information can be exercised in this case?
Some body who is clear may like to throw light on the issue.
Lt Col Atul Tyagi
Advocate
Lt Col atultyagi
18 April 2009 at 14:22
In a govt registered residential society, the elected committee has decided to axe some trees - erect, shady & young.
On query, the answer given are:-
- It has been decided by the committee.
- The reasons for decisions cannot be disclosed.
Questions:-
- What are the conditions which are required to be fulfilled before a tree can be axed?
- can a an elected committee of registered residential society take a decision of this nature & callupon private labour to axe the tree present in the colony premise?
- To what extent the Right to Information can be exercised in this case?
Some body who is clear may like to throw light on the issue.
Lt Col Atul Tyagi
Advocate
Lt Col atultyagi
18 April 2009 at 14:16
In a govt registered residential society, the elected committee has decided to axe some trees - erect, shady & young.
On query, the answer given are:-
DIVAKAR PATIL
18 April 2009 at 09:54
Ours is a cooperative housing society located in Pune (Maharashtra) having annual collection from members Rs 11 lakhs apart from interest income Rs 2 lakh and other income Rs 1.3 lakhs. Society has employed 17 persons and annual payment towards salary and perks is about Rs. 7 lakhs. Please guide whether society has to
a. Pay income tax towards interest income and other income?
b. Deduct professional tax from the payment made to employees?
c. deduct TDS from payment made to suppliers/ service providers and professional fees?
Is there any exemption available to cooperative housing societies in any of these taxes
PRAKASHCHANDRA MARU
17 April 2009 at 23:11
Hello all experts
anybody have downable law dictionary with the legla maxims and idioms if yes pls provide
thank u in advance
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Hello!
One of my frnd ask me a vry peculier question that can he file a writ or ny such remedy as his date of CLAT-09 and IAS-09 is clashing on the same date ie.17th of may09 can he file for ny remedy at Delhi so that he may appear for both the exam if ny of date is extended or shifted as he resides there ny clue?
Regards!
Apurva Kr!