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Rajan   02 May 2014 at 11:24

Arbitration

Sirs,

1. Can you kindly advice if a defaulter of statutory requirements in subcontract be eligible for issuing arbitration notice when he has failed to comply with statutory requirements such as labor licence, EPF, ESI and minimum salary for his contract labors.

2. Can the contractor terminate his contract for not complying the statutory requirements inspite of issuing many letters to the subcontractor

mohan sehgal   29 April 2014 at 23:06

Central excise

I am registered with Central Excise under Rule9 ..

Due to expansion requirements..I wish to lease a rented premises for additional manufacturing activities...how to proceed further to add the extra premises..

mohan sehgal   29 April 2014 at 20:30

Central excise

I have registered manufacturing premises for central excise purposes...

Due to expansion purposes.I want to have another premises..for my manufacturing activities.. on Lease rent agreement...


How should I proceed under Central Excise Rules & Regulations...

Aarti   27 April 2014 at 17:37

Non receipt of payment...

Dear Sir,

I own a proprietorship firm, making garments & supplying to corporates. In October last year, I supplied garments to a client whose parent company is listed on the stock market as well. The goods were supplied against Purchase orders and on the client's brand name.

In January we were informed that they were closing down their stores and returning back the material. Initially we were not ready to accept it as the garments were made on their brand name but since we were not getting any payment from their side, we accepted the same on the condition of all expenses paid (transportation & octroi) & delivered to our office.

Since that time, we have received goods only against 2 stores (totally supplied to 9 stores). They haven't closed down some of their stores and have kept their sales on due to which the stock to be returned is decreasing & outstanding amount constantly increasing but at the same time we haven't received a penny from them yet! The amount is worth lakhs but they're just not responding back.

Need to file my IT returns and not sure what amount of sales should I show! Plus need my stock & money back, its been past 6 months whereas our payment terms were 60 days!

Please suggest me what to do. Legal is an option I know but I want to keep it as the last option as the case can go on for years with no result. I'm a small entrepreneur and need the money for my cashflow!

Please guide. Thanks!

SANDEEP KUMAR   27 April 2014 at 15:44

Fees

If one of the parties does not pay its part of fee to the Arbitrator in spite of several directions of the Arbitrator, what are the options before the Arbitrator to recover that fee?

Javed Shaikh   27 April 2014 at 12:38

Sbi card - wrong billing amount & nobody has replied till date.

Hi, I want to lodge a complaint online on SBI card.
The outstanding amount which they are proclaiming is wrong.
In connection to this I wanted to know how they calculated it & may be I could be wrong for which I have sent several mails asking to resolve the query on their designated contacts mentioned on website (feedback@sbicard.com & NodalOfficer@sbicard.com). But till date I have not received any reply from them.(I also informed them that I have relocated to UAE for Job so please contact on email ID or UAE contact no) I have also posted the same on their fb page on which somebody replied and I thought now my query will be addressed but nothing has been addressed instead they are calling on my India no which is now with my Mom. I am really pissed off The outstanding billing is more than 17K Rs as per my calculation. I really want to get rid of this. By paying off completely but on the right amount and closing it. Somebody please advice and help. Thanks in Advance

Kishor Satpute   26 April 2014 at 21:21

Emd forfeited in failed auction under sarfaesi act 2002

The Earnest Money Deposit is forfeited as per the provisions of SARFAESI Act for failure to deposit balance of 25% amount of sale price by the Bank. My question is what to do with this forfeited amount?
1. Can this forfeited amount will be credited to Bank Profit and loss account?

or

2. Whether this forfeited amount will be credited to borrowers NPA loan account in respect of which the said failed auction property belonging to?


NITIN PATEL   26 April 2014 at 16:52

In partnership firm name can use word "india"

Dear Sir,
My firm is partnership and i will goes to registration but my CA tell me some problem using some keyword like...

XYZ INDIA EXPORT

Please tell me can i use "INDIA" IN MY FIRM NAME.

CA SAYS if you use INDIA it is a long process
at most 6 month and also vary expensive and also says in future u will may be not get benefit from government.

and how many authorized capital required in import-export firm and also if i use "INDIA" word in export firm required capital.


and tell me how long processed?

Thanks

Satyan manuja   25 April 2014 at 22:09

Cheque dishonour

I am doing a business of food items and company will send the goods through consignee. I handed one cheque of Rs. 30000/- as security to that consignee.
the consignee send the goods which is expired and near to expiry and present the same cheque in the bank and cheque dishonour.
Kindly suggest what to do in this matter so that goods will return and matter wil;l solve.

Bhavesh   25 April 2014 at 17:24

Gumasta for home based office (sole proprietor)

Hi while starting a sole proprietor firm can I show my office in my residential house. Can I get Gumasta for on the same and is it mandatory to show a part of my house as for Office only.