Who can become a settler under MAHARASHTRA PUBLIC TRUST act.
Whether a private limited company can become a settler ?
Sub : Queries regarding acceptance of loan from NRI Director That one of my client M/s. ABC Fabrics Pvt Ltd is engaged in the business of manufacturing of Grey Cloth at Bhiwandi. Its one of the Director is Non Resident Indian (NRI). The company is in need of fund to the extent of Rs.60.00 Lacs. 1)Whether NRI Director can lend money to the company from his NRE A/c. 2)Whether NRI Director can subsequently credit the refund of loan to his NRE A/c. in order to repatriate the said amount if necessary. Kindly give your legal opinion at the earliest so that we can take decision in this matter by Friday 20th February, 2015.
Dear Sir/madam,
My self Pradeep requesting for a help regarding the transfer of vehicle.
I purchased a Ford ikon car from a person looking into olx.in, he gave me the form 29 and smart card duly signed by the owner name which the seller was not the owner.
i had no idea of other things where i gave the cash and purchsed. but now when i went to RTO for transfering to my name, there it states the vehicle is held under HPA with HDFC bank, the car model is 2006 and HPA is with second owner, in between without transfer the car has been moved to many hands and no one is able to give the documented owner no. for NOC of HPA the owner is the right person as i confirmed with HDFC bank, but there is no contact no. and the RTO people is not giving back my form 29 whcih they say it cannot be returned. i am stuck with no doc no transfer, file at RTO, if the car would have been in HPA, by the time the car should have been taken back, but still i am using it without any probs. can anyone please suggest the alternate way to get back my docs or transfer.
Hi,
Our MC completes its 5 yr term this year. Pl guide us on how we shd go about conducting the elections for the new committee. Is it that the members elect for committee members and then the committee elects the chairman, secretary and treasurer?
Our society member strength is 51
Query :
The assessee is builder having various project and the following the Guidance note issued by ICAI for revenue Recognition.
However as per the guidance Note Following is the wording _
“ Further to the conditions in paragraph 5.2 there is a rebuttable presumption that the outcome of a real estate project can be estimated reliably and that revenue should be recognised under the percentage completion method only when the events in (a) to (d) below are completed.
(a) …..
(b) …..
(c) …...
(d) Atleast 10 % of the total revenue as per the agreements of sale or any other legally enforceable documents are realised at the reporting date in respect of each of the contracts and it is reasonable to expect that the parties to such contracts will comply with the payment terms as defined in the contracts. To illustrate – If there are 10 Agreements of sale and 10 % of gross amount is realised in case of 8 agreements, revenue can be recognised with respect to these 8 agreements.
From the above wording point (d) says that agreement of sale need to executed or any other legally enforceable document are realized at the reporting date.
1. Can allotment letter issued to the customer can be said legally enforceable document?
2. If above is yes, then we need to recognize the revenue on the advances received (more then 10%) cases of which sale agreement is not executed?
3. What is market trend used by the builder for the aforesaid cases?
hello sir/mam,
i have to file a suit regarding recovery of money in Bangalore court so plz any senior who is practicing in that court, reply me the procedure to file a suit in that court... i am currently practicing in pune dist. court.
waiting for reply. Thanku
Dear Sir
Ld ARC judge has passed eviction order against tenant under section 14 (1)(e)of drc act.
How much time does tenant get,if he want's to file revision petition in high court of delhi.
Obtain eb connection domestic
my friend needs LT connection from tneb for his house as his house is in poramboke land.when he approached the concerned office they said noc from tashildar is must for getting LT connection for domestic purpose.is there any alternate way to get LT connection for the house build in poramboke lands in tamilnadu.