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Anonymous   28 April 2011 at 17:45

winding up petition


one indian computer company working in Gujarat and registered as private limited company was doing job work for foreign companies.
since 16 months it has stopped to work. what is the prodecure to wind up the company?

ritesh   28 April 2011 at 12:38

declaration on tag

Dear All,
Can you pl tell me as to what declaration are required to be displayed on the tags for jewellery.

Heaven 2011   28 April 2011 at 12:21

Agreement

Dear Sir,

An agreement contains a clause "...the agreement shall be effective from the date of commencement of the C&F operation by the Agents and shall be in force until its determination by the either party by giving notice of three months..." And the agreement is in force for last 12 years with same terms and conditions. Now the parties hereto want to execute a fresh agreements with new terms and conditions. Is it necessary to terminate the existing agreement and then go for a new one? or is it a novation of contract within the meaning of the Act? If so then what is the process of novation?
Regards.

Anonymous   26 April 2011 at 16:45

Banking

I have signed and Submitted all the relevant papers and Agreement at the time of applying of Cash Credit Facility from Bank.When I asked them to Provide me the copy of those documents and agreements they did not even bothered to reply my E mail,what should I do and can I go for RTI and seek copies of above papers?If yes What is the procedure

Anonymous   26 April 2011 at 16:05

Corporate Law

Could nay one tell under which section of Law

the below is considered in case of "Debenture Trust Deed"

Compliance in Stamp Duty and Registration Act"- While in case of an equitable mortgage, if no document, deed etc. is signed then nothing is required to be registered with the sub registrar of Assurances. If however, a note or letter is made then it will attract stamp duty. It is pertinent to mention that once a mortgage is created by registration then no further stamp duty is payable on registration.(under which section of Law)

thxz
L.N.Kumar

Anonymous   26 April 2011 at 16:03

Forgery of Sign in SRA Documents ( Member of Comeett )

Dear sir,

Please help me
our builder has taken a signature of my father on Concent letter for SRA development on CTS No. 419 after some time without our knowledger he has submitted group SRA project and make all the forge signtur of my father on Cconcent letter ( he is member of Socity)

Now builder is not ready to give us flat on CTS no. 419 and insesting us to take final accomodation on CTS NO. 424/425

Project completed and now Police station is not ready to take our complant they are telling that if SRA inform them that Forgery has done then only we will take Action

Pls let me knwo low agaist with i can file a sute against builder for my right

my Name is Minal Cell 9004666507
E-mail mini19_m@rediffmail.com

PLEASE HELP ME IN THIS MATTER my sister is handicaped and my father was murder in Octomber 2009 due to this reason

PLEASE HELP ME !!!!!!!!!!!!!!!!!!!!!!!!!!

MINAL

Anonymous   26 April 2011 at 15:31

MONEY LENDING BUSINESS

I WANT TO START MONEY LENDING ON SMALL LEVEL, IS THERE ANY LEGAL FORMALITY TO BE DONE? HOW CAN I GET GUIDE LINE FOR IT?

Anonymous   26 April 2011 at 15:20

company law

In case of resulting company issue shares to the shareholders of demerged company than in that case what formalities to be done for ROC filing i.e. what ROC forms to be filed with ROC MCA for allotment of shares to the shareholders of demerged company.

I will like to give thanks fro giving reply.



CS Harsad Seta
9830726779

Anonymous   26 April 2011 at 14:48

Foreign investment in Partnership

Kindly clarify over the following:

FEMA regulations:

1.Investment in Partnership Firm / Proprietary Concern
A Non-Resident India17(NRI) or a Person of Indian Origin18 (PIO) resident outside India can invest by way of contribution to the capital of a firm or a proprietary concern in India on non-repatriation basis provided;

i. Amount is invested by inward remittance or out of NRE / FCNR(B) / NRO account maintained with Authorised Dealers / Authorised banks.

ii. The firm or proprietary concern is not engaged in any agricultural / plantation or real estate business (i.e. dealing in land and immovable property with a view to earning profit or earning income there from) or print media sector.

iii. Amount invested shall not be eligible for repatriation outside India.
2.Investments with repatriation benefits

NRIs / PIO may seek prior permission of Reserve Bank19 for investment in sole proprietorship concerns / partnership firms with repatriation benefits. The application will be decided in consultation with the Government of India.
3. Investment by non-residents other than NRIs / PIO

A person resident outside India other than NRIs / PIO may make an application and seek prior approval of Reserve Bank20, for making investment by way of contribution to the capital of a firm or a proprietorship concern or any association of persons in India. The application will be decided in consultation with the Government of India.

I) As per the above clause 2, what is the procedure( forms to filed) to get approval from the GOI to avail the repatriation benefits by NRI/POI? Can he repatriate the income earned over the investment without any GOVT approval?


II) As per the above clause 3, what is the procedure( forms to filed) to get approval from the GOI to enalbe a person outside India other than NRI/POI to invest in a partnership concern in India? Can this guy repatriate the invsetment and earnings without Govt's approval? If not, how to get permission for such repatriation?


kindly brief me the procedure to get approval for the above two cases .

regards

Anonymous   26 April 2011 at 08:31

insolvency petition

HEAVY LOSS IN MY BUSINESS, AND I AM UNABLE TO REPAY BANK LOANS AND ALSO FOR CLIENTS.
APART FROM BANK LOANS I HAVE ALSO BORROWED MONEY FROM FRIENDS.
I HAVE NO OTHER GO THAN GOING FOR AN INSOLVENCY PETITION.
WHAT ARE THE ADVANTAGES AND DISADVANTAGES OF FILING AN INSOLVENY PETITION?