Asha
26 September 2012 at 11:22
There are 2 public companies Company A and Company B . X is a director of company A and a shareholder in company B. Shares of Company B are freely transferable. If X transfers its share in company A at a price higher than the value of the share (transfers share of 50 at rs 200 to company A) can this transfer be considered as a loan under section 295.
Its Urgent kindly reply
Asha
26 September 2012 at 11:15
There are 2 public companies Company A and Company B . X is a director of company A and a shareholder in company B. Shares of Company B are freely transferable. If X transfers its share in company A at a price higher than the value of the share (transfers share of 50 at rs 200 to company A) can this transfer be considered as a loan under section 295.
Its Urgent kindly reply
Sachin M Bhosle
26 September 2012 at 11:11
Hello Friends,
What laws / acts are applicable to a company, who has registered itself as OSP callcentre?
Warm regards
Sachin M Bhosle
Asha
26 September 2012 at 10:14
Dishonour of cheque according to section 138 of ni act is only attratct for the cause of insufficency of fund ?and where there cheque had been returned by the bank with the answer account closed or countermand by the drawer or signature differ the court often dismissed complaint under this section (138 ni act) can anyone help me to understad this- For invoking the provission of section138 the cheque must hav been returned unpaid by the drawee bank only on the grounds of insufficency of funds lying in drawers account or because the cheque amount exceeds the amount under a previous arrangement made with the bank .(page number 882 of Tannans banig law)
Varadarajan.M.V
25 September 2012 at 15:09
Can an individual trade in Forex? ie., currency trading?
Asha
25 September 2012 at 13:45
Service tax on Legal Services provided by advocate (whether individual or firm) to any business entity has been imposed vide the Finance Act, 2012 under reverse charge mechanism wherein service recipient is liable to deposit service tax on fees paid to advocates. High Court of Delhi vide order dated 21.09.2012 has stayed the implementation of this amendment in a petition (W.P.(c) No. 5957/2012) led Mr. A.S.Chandhiok, Sr. Adv. with Mr. Ruchir Bhatia, Adv. for Delhi Tax Bar Association. Next Hearing is scheduled to take place on 27.11.2012.
RAJESH CHOUDHARY
25 September 2012 at 12:06
Pls Let me know that Is their any provision or req that If a Co. has MD its not req compulsorily to have a CFO n related prov for CFO appointment.
Asha
25 September 2012 at 11:57
Sir, Is it mandatory to purchase a stamp paper for Form 20 (Commencement of Business in case of a Pub Co.) after the Company being incorporated. Can it not of a date before incorporation and after availability of the name of the Company. I think the only motto of a stamp paper is to pay stamp duty to the State. I availed a name of a Pub Co on 12.09.2012. It was incorporated on 19.09.2012. I had purchased a stamp paper in the name of the Company on 15.09.2012 to attach with the Form 20. What will be the status of the Form? Can it be acceptible or not?
Member (Account Deleted)
25 September 2012 at 08:03
Can anyone tell me the stamp duty payable in Delhi for executing an Assignment of Lease -Deed,Operation & Management Agreement and Business Purchase/Sale Agreement(Purchase Consideration Rs.Six Lacs)
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International trade
Dear Friends,
An Indian LPG Cylinder manufacturing company proposes to enter into a business relationship with an Iranian Company.
There are two options:
Option 1: Export Transaction
1. To supply semi finished cylinders
to the Iranian Company.
2. To provide technology and know-how for conversion into finished product.
3. To generate income by way of export.
Option 2: Joint Venture
1. To enter into a joint venture with an Iranian Company.
2. 75% of the proposed investment to be funded through bank loans.
3. The balance 25% to be infused equally by both the JV Partners.
what would be the pros and cons and the legal implications as regards to doing business under both the aforesaid options.
Regards,
Sachin