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Anonymous   16 March 2011 at 17:23

Corporate Guarantee from foregn Company

Company 'A' has been sanctioned a loan by a Bank. As security, corporate guarantee is required to be obtained from a foreign Company ('Company B' - a company incorporated outside India)which is also the parent co. of said Company A.

What are the formalities required under Indian Laws and regulations for obtaining such corporate guarantee from a foreign Company. Whether RBI’s permission is also required to be obtained?

Anonymous   16 March 2011 at 10:33

Recurring Return of Cheques for unsufficient funds

i receive post dated chqs from a company for the venture. what is the procedure to adopt when these PDC's start recurringly dishonoured

Anonymous   16 March 2011 at 09:50

what is any any Judges committed crime?

what is any any Judges committed crime?

Suchitra. S   15 March 2011 at 17:55

Format of Memorandum of Uderstanding

Respected experts, I want to have a format of memorandum of understanding between three parties. I have to draft a MOU between three parties for a Govenment tender.

Anonymous   15 March 2011 at 16:35

hello

Can some one provide me with the draft of Agreement between a company and broker for selling companies new product to all the big corporates?

Member (Account Deleted)   14 March 2011 at 21:05

company registration process

how to register the company name and logo in tamilnadu?

Member (Account Deleted)   14 March 2011 at 13:55

VAT and TIN number use

Hello sir,

I am running a small construction firm in trichy, I need details for TIN number, whether i have to apply for it and we are liable to pay VAT or Service tax and usage of TIN number,If i want where can I get it?

Anonymous   13 March 2011 at 19:44

Capital gains tax on lease property.

I am a tenant for last forty years for a commercial shop. I may get 25 to 30 lacs for leaving the lease rights. How this amount will be treated for income tax purposes.

Anonymous   13 March 2011 at 17:16

find commodity code for vat

Please Tell As the new commodity code of bicycle, Fittnesh equipment and viklang tricycle, calipers ,

azad cycle
bharatpur gate, mathura

e mail idazadcycle@yahoo.com
mobile:- 09927089696

Sajid   13 March 2011 at 11:12

Regarding Letter of Credit - (L/C at sight)

We have received a Transferable and Irrevokeable L/c at sight from HK buyers. We have transfered this L/c at sight to other exporter.
There is a clasue in it that, attach swift message along L/c for collection. the buyer has not send the swift message. But we have send the letter of credit for collection without swift message, along with other documents like bill of lading, origin cert, shipping bill, insurance cover etc.
Now, the Banker is asking us to get the swift message from the buyers, until then the bill will be pending at the table of L/C issuing bank.
So, pls advice what to do?

This is LC at sight. I have not understood the meaning of it. Because it is not paid by the Bank at the time of presentation, they have send it for collection. We have already send the goods to the buyer. We have proof of sending goods. We are at risk or not. We have covered ECGC.