Jay Prakash
06 December 2012 at 11:44
Dear Experts,
Please simplify the "Bombay Relief Undertakings (Special Provisions) Act,. 1958"
who can apply for 'Relief Undertaking" declaration under this act?
What would be its advantages/disadvantages to the company or its creditors?
Meha Harish
05 December 2012 at 21:43
Export client covered under ECGC standard buyer wise policy. He defaulted for 50% bill payment. Claim lodged with ECGC by exporter through the bank. Next week Bank classifies his account as NPA inspite of ECGC claim being in process and issues legal notice under Sarfaesi act 13(2) within 2 weeks of NPA. There are no overdues in any other account.
In view of RBI's NPA guidelines on Central Govt Guaranteed advances - was NPA classification legally correct??
Please advise ASAP.
SANGAMESWARA RAO DHUPAM
02 December 2012 at 22:14
Partnership firm was formed in 1991. There were 6 partners in that firm. One partner retired from the firm taking his capital balance . He at the time joining in the firm contributed certain immovable property i.e. towards his capital. Afterwards the firm developed its business by constructing Mill and was doing business. The firm was reconstituted and filed a deed of Reconstitution Deed with the other partners duly paying 5% stamp duty on the property which retired partner invested as his capital fund since the property remains with the firm as per Article 41-B(a) of Schedule I-A to the Indian Stamp Act, 1899 . Now the remaining partners approached a Bank for obtaining loan to the firm. The Bank Manager advised them that the retired Partner who invested immovable property should transfer his immovable property in the name of the firm by means of a REGISTERED SALE DEED. In this connection I need advice whether a separate SALE DEED is necessarily be registered in the name of the Firm or not ? In this connection I bring to your kind notice the judgement in ILR 1947(2) Cal.1 "if any person brings his own property in to the Partnership firm it is not necessary for him in order to bring it into the Partnership stock to transfer it by registered instrument to himself ..... " Please advise me
REENA SAWANT
01 December 2012 at 15:05
HI ,
CAN ANY ONE PLZ GUIDE HOW WILL I GATE THE LICENSE FOR FOOD CATERING BUSINESS. ACTUALLY I AM ACCEPTING FOOD ARRANGEMENT ORDERS IN WEDDING.
REGARDS,
REENA SAWANT
saket
01 December 2012 at 12:31
any one can tell what is the procedure to get the sales tax number form no.... fee required and documents required etc....
GIRISH
01 December 2012 at 12:24
A Public Ltd Company accepted Deposits from Public In month of October without complying with law provisions. What are the consequences and remedy available to Company.
SAMIR SHAH
30 November 2012 at 17:18
SIR,
I HAD READ IN A NEWSPAPER SOME DAYS BACK THAT IN THE CASE OF CHEQUE BOUNCING NOW COURT FEES OR FILLING FEES IS NOT REQUIRED TO BE PAID.
PLS DO GUIDE ME URGENTLY.
Brij Mohan Gupta
30 November 2012 at 13:57
A FIRM HAVE REGD. ON 01/04/09 & TIN RECD. ON 15/04/09. CAN AVAIL ITC ON PURCHASES FROM SALE INVOICE DURING 1/4 TO 15/04/09 ? DEPARTMENT DEMANDS THE TAX ON PURCHASES FROM SALE INVOICE AS ABOVE PERIOD. IF THE FIRM AVAIL ITC ON ABOVE PURCHASES KINDLY MENTION SECTION.
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Section 58a
does cetral govt permission is required to take intercompany deposit from public co to public co