Abdul Latif
15 December 2012 at 16:07
Dear Sir,
I have purchased 2,000 Equity Shares of Indian Private Limited Company from two Non Resident. Both are NRI but One is residing in UK and other one is in USA. UK guy is having NRO Account with HSBC in India and USA guy is having NRE Account with ICICI Bank in India. They said me to make the payment in Indian Rupee Cheque. My Queries are as follows :
1. Can i make the payment to both NRI in Indian Rupee Cheues?
2. Do I require to file FC-TRS even payment is made in Indian Rupeess.
3. Do i need 15CA and 15 CB from Chartared Account for filing FC-TRS even payment is made in Indian Rupees.
4.How and where to file this Form FC-TRS ?
Please advise.
CA Sahi Singla
15 December 2012 at 15:13
Sir
I have got notice under Section 29 of Punjab VAT Act 2005 for the year 2008-09. Notice is dated 30/11/2012. Please tell me is this valid notice ? Isn't it time barred ?
Devender Kumar Khurana
15 December 2012 at 11:29
I got opened Share Trading Account and DP Account on the commitment of Sub Broker by written agreement, including the name of Broker in agreement that 24% pa return will be paid and shares will be returned after completion of one year. After one year when shares not returned, I approached to Broker and surprisingly came to know that KYC Form and DP A/c opening forms for opening account were replaced by forged one. Signatures were forged on it do not tally with my signatures as in PAN Card and Copy of Passport. Now Broker refused to transfer shares on the pretext signatures do not tally.Even no return paid by Sub Broker. What remedy is available and how to proceed ? My hard money is blocked with Broker which I want to get back. If replied urgently I will be obliged.
uwehosting
14 December 2012 at 17:25
Sir,
We have a registered Pvt. Ltd. company. We are 4 directors, i am founder and main signatory director (Director 1). Between Other 3 directors one director (Director 3) my wife. Rest 2 director Director 2 and his wife Director 4.
Director 2 and 4 do business without inform me. Collect money from customers and deposit it to his/her personal bank account. After that customer clam, then Director 2 and Director 4 are not submit money to company.
They process business personally without any meeting resolution.
Now i want to stop company or remove that 2 director from board of directors.
Kindly help me, what is the process ?
Can i apply VETO ?
S. Roy
jagdish pandey
14 December 2012 at 08:40
sir, my business partner wrongfully grabbed the pvt ltd co.and later came to compormise with help of few gentlemen and gave me a cheque for settlement of dispute.the cheque bounced,i filed a case u/s138 ni act,he was allowed by the court u/s205...etc.sir i want to know can i get any relief from heigh court u/s 438 of company act.
Member (Account Deleted)
13 December 2012 at 22:40
Whether Bombay Shops and Establishments Act, 1948 also applies to Gujarat State as like the Bombay Bombay Stamp Duty Act ?
Please give brief purpose of Bombay Shops and Establishments Act, 1948.
Member (Account Deleted)
12 December 2012 at 20:50
Dear Experts,
Someone may please clarify :
The ABC INC. (Foreign Corporation of USA) is holding 99.50% of the paid up capital in the Indian private limited company.
Query
Whether the said Foreign Corporation shall be treated as a deemed public company or not.
Ans : …………
How can we identity the Foreign Corporation as a Public Company or Private Company, if was incorporated in India ?
Ans : …………
Thanks.
zahur
12 December 2012 at 16:17
Non Banking Finance Company (NBFC)use SARFAESI ACT 2002 for reduce N.P.A. case? N.B.F.C. is registration Mandatory for follow SARFAESI ACT 2002? If yes, than were is done registration? & what process?
G. ARAVINTHAN
12 December 2012 at 14:51
X borrowed from a nationalized bank for the purpose of agriculture.
Secured assets were his agricultural lands and dwelling house.
though payments made, it was declared as NPA and 13(2) notice has been issued under SARFAESI Act.
Writ filed before High Court. Stay granted as it was agricultural loan.
Now bank issued second notice u/s 13(2) for house property alone.
What is the remedy?
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Can a proprietorship firm would carry the personal liability of the proprietor
Hi
I need your valued and able advise :
I am a Sole Proprietor in a Firm, and I have a Personel Liability - dispute with a Bank, Which is my Name, and No where my Proprietorship Firm is being related nor a Part of my Proprietorship Firm , Can my Proprietorship Firm would carry my Personal Liability as the Proprietor ? Can The Bank attach the Assets of the Proprietorship Firm. Kindly be informed that I have my Suppliers as well as the Investor's Liability in the said Firm, While my staff ongoing salary , Can my Proprietorship Firm's Assets can be treated in legal terms as my Personal Liability and effect my Firm ? As to How can I safeguard the Firm.
Kindly let me have your valuable advise Plz.
Rashmi Jain