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supabcdefgh   20 April 2013 at 19:43

Company formation rules?

When forming company, to write objectives, these CAs advice to add all INCIDENTAL OR ANCILLARY that include even purchase and sale of alcohol. The company is related to formation of a company to intiate and ignite research in various fields, to assist educational institutes directly by supplying technical man power or by helping smaller college colaborate with better college. Now, obviously when we wish to help or do, we will make Video and web publications for news paper, TV and web propaganda.. The company name proposed is XXXX research and Consultancy Pvt Ltd. Now my question: while forming the company the CA is objecting to:

I have also deleted the object "To create multi-media based content to highlight the activities." as this doesn't fits into the concept of object of the company and also that this can be done as regular business activity even not mentioned in the object clause.

I don't understand when purchase and sale of alcohol is put by force, why does he have this objection?

rds   20 April 2013 at 16:48

Creditor winding up

Respected Sir,
As a creditor, I want to file a creditor Winding Up Petition against my client who owes me money. Kindly guide me the procedure to file. Also pls guide if there is any other better way .
Thank You

jayesh sharma   20 April 2013 at 10:40

Whether huf can be partner of llp?

Dear Members,

Please clarify me on the aspects of HUF as partner /designated partner of LLP. The LLP act is silent on the above matter.

Himadri Shekhar Bhattacharjee   16 April 2013 at 12:18

Scrutiny of bank passbooks by customers

Sir, I would like to ask a question, in the course of internal inspections, some withdrawal forms could not be found and the auditor termed these withdrawals as fictitous.But, the concerned account holders didnot complain about any wrong debit to their accounts inspite of updating their passbooks regularly and it is more than two years by now.
Now, as per law,are the non receipt of complaints from related customers can be cited as a defense? Please let me know the legal provisions, preferably citing case laws on that. Regards. Himadri Shekhar
Bhattacharjee

ramsha   15 April 2013 at 10:24

Nominee director

Is it required for the Nominee Director of a Company to file the annual disclosure and confirmations under the Clause 49 of Listing Agreement with Stock Exchanges and under the Section 274(1)(g) of the Companies Act respectively. Kindly guide.

Thobhani Akash Jagdish   12 April 2013 at 16:55

Query regarding nbfc company

Respected Sir/Madam,
My object clause of the proposed LLP is as follows:
To carry on activities of investment in shares, debentures, stock, debenture stock, bonds, notes, mortgages, obligations, etc. and to carry on business of providing investment & financial consultancy/ advisory and other related consultancy/ advisory services.
The R.O.C. says that the object of the company attracts provision of NBFC company. I want to have a non-NBFC company i.e. LLP. so what should be my object clause.
PLease reply at the earliest.

Advocate Nitya Bansal   12 April 2013 at 10:26

Letter of intent-legal implications

Probably it was not appropriate to put up a professional query here. Anyways thanks.

ravi jain   11 April 2013 at 16:11

Partnership firm

how can a partnership firm of two partners be converted to a sole propreitership firm

vimal   10 April 2013 at 17:00

Manegerial remeneration

Penal provisions/ consequenses of paying Manegerial Remeneration to directors in excess of limits prescribed under sec 198/309/310 of Companies Act, 1956?

KHUMESH   10 April 2013 at 14:29

Conversion of proprietory firm into parnership firm

Dear Sir,

The old Proprietory firm( Minerals buisness) whose TIN nos. was expired was transferred to another Proprietor recently. But we want to change it into Partnership firm so waht will be procedure to done