Gaurav Pawar
20 July 2015 at 03:03
Dear Sir,
I am planning to develop a land in joint venture. There would be residential & Commercial (IT TOWERS) as well which we are going to lease out on long term basis. The ratio would be 40% to land owners & 60% for myself. I have decided to take the land owners in company as director & share holders. In such condition my question is 1) Can we take the land as the company asset,
2) Can I save stamp duty by doing so?
3) how can I have total control as whole & sole of the property to avoid any further litigation or issues in future
4)how can we make our stakes safe from both the sides
Kindly guide me & also suggest the best advice you can. Thanks & Regards
Anonymous
19 July 2015 at 20:52
I am a 40% shareholder and director of a family business. My brother and his wife have 40% shares and our sister has 20% shares. We were 3 directors initially. My brother his wife and myself. Now my sister is also a director. He hence we are 4 directors. My brother is MD. As he and my sister are 60% shareholders they are over ruling all my decisions. They want we out and offering me amount as per valuation of the company. But refusing to walk out when the same offer propotionate to their share is offered to me. As MD he does whatever he wants. I asked that 2 signatures on cheques with one signature of mine. I have known that he is putting false bills and taking kick backs from suppliers.
1.Can I have equal power?
2.Can there be 2 mds in the co?
3. Can I insist my signature on all cheques and all decisions?
As nothing is told to me. I had full faith in him and signed all documents. I use to look after sales and quality.
Pl guide me.
Venkat Iyer
18 July 2015 at 10:37
Dear Sir,
Case:Holder 1 expired in 2010
Holder 2 expired in 2011
The Succession Certificate is applied in 2013 & received in 2014 in the name of Holder 1,missing Holder 2 who died year after.Company "A" has requested the legal heir to incorporate the Holder 2's name as the Holder 2 died after Holder 1.Theoritically, the company "A" may be correct in asking for incorporation of the Holder 2 name.
However,inview of the time lag in the court & the procedure being a cumbersome one is it a viable solution to approach the court to incorporate the name.
Alternatively,can the company "A" waive & condone the incorporation of missed names & process the Transmission of Shares based on relevant section or any judgement of any Court.
All other companies have transmitted the shares in the legal heir's name without any impedement.
Pl advice.
Arup Kumar
18 July 2015 at 09:45
Dear sir,
Please guide me for obtain Money Lending License in West Bengal . What are the rules and formalities for the same.
Awaiting for response.
With regards
ARUP KUMAR
PURULIA,WEST BENGAL, INDIA
MOBILE: 8798116412
Neeraj
17 July 2015 at 15:49
Dear Sir, I want to open proprietry cocnern. just guide me what legal documents required.
Is any registration to Govt is required.
How can i open CD account in bank in the name of the cocnern.
Can i open cocnern from residentail address.
Eswara
16 July 2015 at 17:22
Please advice We have taken Bank loan 33 crores for capital goods for Projects for industrial company Due to some problems/ govt order we stopped the activities of the company because of that we not able to paid repayment of loan . Company become NPA 29.04.2013. our outstand on 29.04.2013 Rs. 36crores. As on today 14.07.2015, our outstanding is 47.89 crores.( Including interest and penalty. Please advise any section for avoid the interest.
Roshini Arya
14 July 2015 at 17:37
Dear Experts
My client has resigned as a Director from a company and changed her place of residence associated with that DIN no.
Currently she is not a director with any company.
She would like to update her changed address records on the ROC website.
What is the procedure and documents to be submitted.
Regards
Roshini
suraj kumar singh
13 July 2015 at 16:11
Dear Experts,
What is the legal remedy available to a company under civil laws and criminal laws against the dis-honour of Bill of Exchange by drawee for non-payment.
Kindly also let me know the steps involved in it till filing of the case.
Kindly provide us your valuable inputs and comments.
Regards
Suraj Singh
9810329829
VISHAL KUMAR SHARMA
11 July 2015 at 19:21
SIR,
I HAVE TAKEN LOAN AGAINST N.S.C THAT IS 21,500 IN AND I PAID 18,000 TO THE BANK UNFORTUNATELY MY MOTHER DIED BETWEEN THIS CASE AND I NOT APPEARS IN THE COURT SO THE HONORABLE COURT REJECTED THE PETITION AND MAKE IT DEFAULT
AND IN PRESENT DAY BANK ISSUE R.C OF 2,60,000 SO KIINDLY HELP ME IN THIS CASE.
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Premature of bond
Sir,
I have accepted bond in company's letter head not stamp paper for 2 years but now I decided to resign then employer told pls pay as per bond 50% of CTC. My query is if any valid for legal this bond, company will hold Gratuity or not.