Anonymous
07 October 2010 at 20:22
Can an individual and other partner representing his firm, or between Limited Company or a Pvt. LTD. Company form a Partnership firm?
jayesh ahire
07 October 2010 at 15:44
An Non Executive Director who is not independent and he is not the promoter of the Company holds 5% of the paid up capital of the company. Whether his holdings be classified in promoter group or Public shareholdings?
Under what circumstamces his shareholding can be classified in public shareholding??
Mugundhan
06 October 2010 at 12:56
Dear Experts, in a petition filed before the court, to set aside an arbitration award U/s.34 of the Arbitration and conciliation Act, whether the arbitrator should be added as a party?
Ajay
05 October 2010 at 21:53
i got a cheque from a party and cheque was bounce,we issue notice to him,he replied to notice also,but later on he change the stand that i m not partner of company and cheque is also not signed by me,it is his brother sign where as we have not made his brother as accused.
case is running since 1999,he offered me 50% money but i refused to accept.now they r protesting,they try to produce bank official for proving that signature is not his but in cross bank official got nervous and did not reply,
Anonymous
05 October 2010 at 12:33
Let us know that Arbitration clause is mandatory in the agreement.
if not, under which Act it has been stated.
baswanth mohan paruchuri
04 October 2010 at 19:56
what exactly "market intermediaries" means and what is the role they play in capital market transactions?
Anonymous
04 October 2010 at 17:00
Following are the situation:
1. Pvt Ltd company with 3 directors.
2. My father( MD - 50% share) and my mother(director - 20% share ) of that company.
3. Third director(30% share) was an outsider.
4. This company was running in my home premises and as a tenant ( premises was not in company's name)
5. The company has a cash credit loan of few lakh rupees having personal guarantee of the directors.
6. After my parents death, company(which was making huge loss) operation shut down totally.
7. Loan accout is in NPA state. Company assets( FD, machineries ) are liquidated.
8. No one from my family(including me) is part of this company and I am by profession in service of different pvt sector company as I didn't wanted to be involved in the business.
9. I am the only son/successor of my parent.
Now my Questions are as follows:
1. I have to move out of India for my service for atleast 20 years. Will there be any problem?
2. I want to sell out/ rent this entire property. So will be any problem?
3. How much is the liability of that existing 3rd director(He had 30% share)?
4. Before moving out of India, within next couple of months, Do I have to settle anything(I don't want to take any headache of this closed business as I am not part of this business)?
Please suggest...
Anonymous
04 October 2010 at 16:57
Following are the situation:
1. Pvt Ltd company with 3 directors.
2. My father( MD - 50% share) and my mother(director - 20% share ) of that company.
3. Third director(30% share) was an outsider.
4. This company was running in my home premises and as a tenant ( premises was not in company's name)
5. The company has a cash credit loan of few lakh rupees having personal guarantee of the directors.
6. After my parents death, company(which was making huge loss) operation shut down totally.
7. Loan accout is in NPA state. Company assets( FD, machineries ) are liquidated.
8. No one from my family(including me) is part of this company and I am by profession in service of different pvt sector company as I didn't wanted to be involved in the business.
9. I am the only son/successor of my parent.
Now my Questions are as follows:
1. I have to move out of India for my service for atleast 20 years. Will there be any problem?
2. I want to sell out/ rent this entire property. So will be any problem?
3. How much is the liability of that existing 3rd director(He had 30% share)?
4. Before moving out of India, within next couple of months, Do I have to settle anything(I don't want to take any headache of this closed business as I am not part of this business)?
Please suggest...
Basavaraj
04 October 2010 at 12:51
Dear Members
Request all members to share your expertise on my query.
1. What are the general difference between agreement and contract (except as mentioned in the Contract Act)?
© 2026 LAWyersclubindia.com. Let us grow stronger by mutual exchange of knowledge.
companies bill 2009
What are new provisions vis-a vis companies act, 1956