Rishi arora
21 June 2012 at 16:03
we are in manufacturing company where we are required to send our stock to job workers on returnable DC for various operations. I want to know what is the statutory maximum limit in days for keeping our stock with job workers for those operation
RD
21 June 2012 at 13:17
My Question is:
Can there be a legal partnership between Mr.A and M/s A (HUF) where Mr. A is karta? Especially when it is generally believed that HUF can not be a partner but can become a partner through its Karta only.
Kindly opine whether such a partnership is a valid one or not.
Thanks in Advance
yash007
20 June 2012 at 19:53
If any creditors for expenses or goods not paid more than 3years then what is treatment ?under limitation act ?
how can sleeping partner the net worth can transferred to formation of new co ?
is sleeping partner net worth is tranferred to formation of new co?
if yes, how it possible?
when partnership firm converted into privat ltd co, and unsecured loan lying in the balance sheet of the firm,what r the ways that unsecured loan tr to private ltd co?
what r the procedure is require to follow?
Binay kumar maheshwari
20 June 2012 at 07:47
notice for tender was invited on 08 june 2012 from manufacturer / authorized dealer for electrical goods. The due date for opening the tender was 16 june 2012. On due date few tenderer, other than manufacturer / authorized dealer, made objection that they should also be given equal opportunity to participate in the game,though in tender document it was clearly mentioned that only manufacturer / authorized dealer can take part.
Now instead of opening the tender on due date a correction notice was published in newspapers on 18 June 2012 to accommodate those persons and new date for opening the Tender is fixed on 22 June 2012.
Now my query is that whether the above action taken by the purchasing authority is in accordance with law.
abdulkareem h nagouri
19 June 2012 at 20:51
Dear sir,
i Want to know what is the proceedure for registration of chit fund business and what document is require and what fees will be levied for the same, and an individual conducting chit fund business could get the registration under chit fund act 1982 and what is proceedure applicable for such individual person for regisration of chit fund
Would the Ld. Experts kindly opine on the following:
A) A Small & Medium Scale Enterprise (Tailoring Shop) owner had taken loan from Bank for Rs.19 Lakhs for buying machines for enhancing production as per the guidance of one broker who had contact with Bank & who took 10% towards commission for arranging loan,
B) The broker made the project report for the SMSE & charged Rs.80,000/-,
C) The broker arranged for the machinery for Rs.9 Lakhs from a supplier which costs Rs.5 Lkahs only as found later on by the uneducated owner of the SMSE,
D) The Bank also took a consent letter for covering the loan under Central Govt. Credit Guarantee Scheme,
E) The Account became NPA & the Bank has filed Application before DRT u/s19 of Recovery of Debts Due to Bank & Financial Institution Act and asked for order for taking possession of the hypothecated machinery for recovering the dues,
F) Meantime the Bank also has advertised in paper for OTS for all SMSEs including those against whom Applications have been filed before DRT.
My questions are:
1) Can Bank file Application before DRT for taking possession of the hypothecated machinery for recovery of the outstanding amount when the said loan was already covered under Central Govt. Credit Guarantee Scheme? Can Bank recover the outstanding twice, once from Central Government and again from the borrower?
2) When the Bank advertised in paper regarding OTS from all SMSEs including those against whom Applications for recovery have been filed before DRT and when one SMSE applied for such OTS, did it not make the Applications before DRT for recovery from him ineffective?
Amit Kumar
19 June 2012 at 18:50
Dear all i urgentely need a sample format of agreement to lend money (loan agreement)
if any one can help i will be obliged.
thanks & Regards
Legal formalities for registration and licencing for pest control business in u.p.
Dear Experts,
I would appreciate if you could guide me on the process of registration and Licencing for Pest Control Business in U.P. (Ghaziabad). Some one told me that before starting the business... license from WHO and other departments are required as the business requires dealing and storage of various kind of chemicals and sprays.
Please assist me by providing the above information.