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essycherianantony   10 March 2011 at 07:59

lien on fixed deposit

As security for fulfilling employment bond period, my Company has stipulated that fixed deposit receipt in the name of the surety, and lien marked to my Company should be submitted to the Company.The Company will release this FDR when the bond period is over.

In the event of the employee abandoning the company without the permission of the company, what is the procedure to encash the amount in the fixed deposit by the company?

Mandip nathji   09 March 2011 at 20:43

qualifying no. of shares for a director in a Pvt. ltd. Co.

As per sec 270 of companies Act a director has to subscribe for qualifying shares, which is at least one share or as may be defined in articles. but this clause does not apply to private co.
Does it mean that the director need not to subscribe any share or at least one share is compulsory?

visha lranjan   09 March 2011 at 19:57

query

sir, i would like to know that a private limited company can hire lawyers for providing legal services?

and if yes, then can that private limited company can represent any clients in the courts of law?

Anonymous   09 March 2011 at 11:31

Object Clause- Aerial work

Can anyone provide draft object clause to be inserted in main objects of the company in respect of carrying out aerial work.

Member (Account Deleted)   09 March 2011 at 10:52

company registration process

hello sir,

I need the details for the process starts with "creating partnership deed till register our company name and logo"
just explain the entire process with cost
For your information am running construction company in trichy on a partnership base, me and my friend involved in business

Anonymous   09 March 2011 at 03:29

Insolvency of company

I am the proprietor of a manufacturing company. We have taken term loan and working capital loan from a nationalised bank. We have incurred heavy loss during production to one export order and also the customer did not pay back to us due to quality issues. This has resulted in accumulated losses and eroded the Capital invested. Unable to run the factory. I have given my house property as collateral security. I want to save my property before it is auctioned by the bank. Can I file a petition of insolvency ? What are the implications?

Kindly give an expert advise immediately

Member (Account Deleted)   08 March 2011 at 21:58

company registration process

Hello sir, Is it necessary to get a DIN for small partnership firm in trichy

Anonymous   08 March 2011 at 21:51

company registration process

Hello Sir,
Am running small partnership firm in trichy and I need the details for company registration and logo registration

Anonymous   08 March 2011 at 18:51

Is MRTP Act applicable on Government of India or Indian Ordnance Factories?

Dear Experts,

1)Is MRTP Act applicable on Government of India and Indian Ordnance Factories?

2)Is Consumer Protection Act applicable to Indian Ordnance Factories for the products being sold by it?

Anonymous   08 March 2011 at 16:36

Reduction of principal amount in the fixed deposit by the bank

I have Fixed deposits and savings accounts with the same bank. In order to take TDS from the interest, can the bank on its own decide to reduce the principal of a fixed deposit? Kindly advise and/ or point me to relevant website.
Thanks.