Anonymous
07 August 2010 at 19:42
Dear Sir,
I have received Cash Subsidy as per Gujarat state Inustrieal Policy 1995-2000 at 2003.
This subsidy is senctioned by DIC and which had payment direct our financial Institute GSFC.
GSFC had credited our SUBSIDY in our due intrest account not in Capital Account (Principal Account).
Sir, According to our sources GSFC should credit the Subsidy in our Principal Account.
You are requested to give your valuabele advise above matter and oblize us.
Thanks with best regards,
Tejasbhai Parekh.
A.R.Mukundan
07 August 2010 at 11:41
pl clarify
a) Whether a company be a partner of a partnership firm?
b) Whether a company be a partner of a LLP?
c) Whether a partnership firm can be shareholder/member/director of a company?
d) whether a LLP can be shareholder/member/director of a company?
thx
a.manoharan
07 August 2010 at 10:07
DEAR FRIENDS, i want to know still Indian Railways Act, 1890 is in force and Notice under Section 78B is (Statutory Notice ) mandatory .Because i can not find out the said Act even in INDIA CODE. Still in force means , can u help me to get that act through online. Because i have to file the case against Railways on behalf of Insurance Company as Subrogagee . my e mail ID: advocatemanoharan@gmail.com . Thanks in advance.
a.manoharan
07 August 2010 at 10:04
DEAR FRIENDS, i want to know still Indian Railways Act, 1890 is in force and Notice under Section 78B is (Statutory Notice ) mandatory .Because i can not find out the said Act even in INDIA CODE. Still in force means , can u help me to get that act through online. Because i have to file the case against Railways on behalf of Insurance Company as Subrogagee . my e mail ID: advocatemanoharan@gmail.com . Thanks in advance.
VIJAY K. TEOTIA
07 August 2010 at 09:23
Against rejection of marine claim, which remedy is faster and cost effective; National consumer forum or civil suit. can we challenge the same before high court through writ petition.
Ankit gangal
06 August 2010 at 13:06
its a pvt .ltd. co., there was three director in 1982 out of which one partner retires in 2006 and two family members join as a director so now is it possible to reprint the memorandum? plz rply soon
Anonymous
05 August 2010 at 22:20
Dear Sir, My mother started a shop nearly 10-12 years ago who was the member of co-operative bank & took a loan(Jaat Jamin) of Rs. 39900 on 1/12/00 @ 13.5% of interest rate to be repaid in 6 monthly installment of 6650 + interest.. Within 3 yrs she paid Rs. 21400/- & Rs. 3000 on 15/09/06 & Rs.5000 on 23/7/10 (Total Rs.28400).. We closed the shop in 2004 due to loss when she informed to settled the loan account but they did not responds..
She went 2-3 times for settlement but they used badwords & insulted her hence she stopped visiting bank. Further we just got 2-3 notice regarding payment of loan from bank but not a single notice regarding settlement of loan. Now after many years they came back with statement which doesnt show any amount deducted from Principle amount & asking for outstanding Amount of Rs. 80,334/-..Or else they were asking to pick up all house hold goods which are mostly purchased by me.
Pls. advice on these. Are they authorized to take goods of mine ?
Pls. pls. advice me so that we can clear out this matter.
Ajit
05 August 2010 at 20:29
In existing registered partnership firm how new partner is being admitted and how one can resign?Please provide me the specimen of admission of partner and resignation of partner from regd partnership firm.
HARIHARAN KRISHNAMURTHY
05 August 2010 at 12:15
Dear Experts,
Kindly provide me with the relevant section/rule of the law which prohibits the intermediaries from committing a fixed return in equity and equity related investments.
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Inability of cash-credit loan repayment in pvt ltd company
1.My father was running a Pvt Ltd Company in our home premises as a director of this business.
2.Two other directors were my mother and another person.
3.The company had a Cash credit loan(cash-credit loan of 32lakh including interest) with personal gurantee of directors.
4.My father died 2 years back and the business got sick and could not run and shutter closed.Now my mother is bed-ridden with cancer.
5.The account of business has not sufficient fund to pay the loan and my mother(one of the director) is surviving with cancer and the other director didn't show up.
6. I am the only son of my parent(both of them were director as said eralier) and was not involved in this business anyway.
7. Both me and my wife are in different services profession.Under this circumstances, we don't know what to happen in the future...
we just want to get rid of the situation and save our property and we don't have enough fund...please advise.
Further Details:09/08/2010
1. Spares/Tools/machinery has been sold/realized and saved as fixed deposit in company account.
2. Only personal guarantee was there for the directors.
Now my further question is...
3.If the property does not remain in my father's name in future,what will happen.
4. As one of the 3 directors(except my parents) who is an outsider(not stay in our home...i.e the business premises)....how the bank will chase him, as he does not show up after our business operation closed and not ready to take any responsibility.
5. What can happen after my mother's absence as I am not at all involved in this business in black and white.
Please note..I don't understand business whereabouts and I just want to save our property as we stay there and I don't have enough money if it is asked...