Anonymous
22 July 2010 at 12:01
Can an Indian Company and its Foreign Subsidiary based at Singapore both be partners in another Partnership Firm ? If so,what are the legal implications?
Gitesh
21 July 2010 at 19:36
I want to filed annual returns of my companies last few years after the filling that I want to go with CLSS scheme which is launched by MCA. But unfortunately on MCA site there is no any CLSS scheme form available, there is only EES scheme form available. So please anyone have link or form of CLSS scheme then please mail me or give me link on following email address.
regards,
Gitesh
giteshgshah@gmail.com
Aparna S
20 July 2010 at 23:56
Does a parent company has to pass resolution for closure of subsidiary company? if so whats the procedure and under which section?
Please help me out.
Thanks & Regards
Aparna S
Member (Account Deleted)
20 July 2010 at 20:43
my client is a guarantor to an urban co-operative bank and the borrower is now dead. the bank is under liquidation. the property mortgaged with the said bank is of guarantor and its value is less than Rs. 20 lacs, which was the principal amount of loan.
now since the bank is under liquidation it is seeking to recover the whole amount from my client i.e. guarantor. the guarantor is ready & willing to deposit Rs. 12 to 14 Lacs with the said liquidator and in lieu of it wants to get his mortgaged property released. the liquidator is ready to accept this under the one time settlement scheme of RBI but he has two doubts which are troubling the onset of the said settlement :
1. Whether the one time settlement scheme, if any either of RBI or any other scheme of like kind, is applicable to urban co-operative banks ?
2. Whether the bank or any liquidator is legally permitted to liquidate the account below the principal amount. Is there any legal bar to acceptance of an amount as a full & final settlement of account below the principal amount ?
vishvas_deo
20 July 2010 at 20:18
What are swap agreements and the legalities associated with the same?
Praveen Kanungo
20 July 2010 at 19:26
A government company could not hold its AGM since the last 5 years due to non-completion of audit for 2003-04, due to which auditor for the next financial year could not be appointed by C&AG. what should the company do to regularies its working?
Can the AGM for all those years be held on single day?
How will the AGM be convened and held?
Whether there is any exemption to a goverment company for not holding the AGM on time and filing the annual forms?
thanks & Regards
Gaurav Agarwal
20 July 2010 at 19:05
Is valid to print on the back side of Stamp paper? It is generally seen that the back side of stamp paper is generally kept vacant by lawyers.
Anonymous
20 July 2010 at 12:35
respected sir,
just wanna knw is licensee required to be a real estate agent dealing in property ? is thr any prohibition frm gvt as such becos many agents say thr is no licensee in real estate agent , just thr is a membership no , so kindly guide for the same .if licensee is not thr than why do police ask question do u have alicensee? wht does it mean ?
if such a thg is thr than kindly gv me details how to get it i wanna apply for it .
regards,
Anil Kr Garg
20 July 2010 at 11:28
India is a power deficit country where almost all states of deficit in power supply position. Public sector monopoly companies are enforcing scheduled and non-schedules power cuts on consumers and yet, enforcing minimum charges. In my view, such minimum charges are completely unfair, because
1) The supply companies are short of power and hence, non-consumption of electricity by one consumer does not really entail any loss on the supply company,
2) The supply companies charge every rupee for providing power connection to the consumer, from providing new pole,to cables, to transformers, to Energy bills etc. Hence, they do not incur any cost in proividing a connection.
3) Even if some power supply co has surplus power, it can always draw that much power less from NTPC/Other agencies or even sell surplus power to huge no.of power thirsty companies in same/other states,
4) The issue of min.charges come when a factory is troubled, whether labour strike or financial difficulties etc. In normal times, min charges are irrelevant as actual power consumption is already more. In this situation, it is unfair for monopolies to further extort money from these helpless consumers.
Pls advise if there is a legal basis to convert into a PIL for challenging min.charges across the board for whole of India till India becomes a power surplus country.
Thank you very much.
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COLLECTION OF PENDING PAYMENT
Dear Sir,
We are one of the micro & small scale concern in Tamil Nadu.
We have supplied some material to a big private limited company on 2001 against there purchase order. After the material has been supplied to the private limited company,this company has been taken over by a government company on 2005.
still we have not received our payment for the supply.
we got all the documents like
there purchase order
our invoice copy
there c form on material receipt
kindly know us to whom should we contact for the payment.
private limited company (or)the government company which has taken over.
and how can we get the payment.
The value of the amount is 10 lakes , so kindly do the needful.