Anonymous
22 May 2010 at 17:57
A Private Company is incorporating the subsidiary company. The project cost is 5 crore, but the promoters do not want have paid up capital as 5 crore. And they are planning to issue 5% of the initial paid up capital to one of the first directors (A) under ESOP/ Sweat Equity Plan over the period of three years i.e, 1.67% at the end of each year.
Can a company issue the shares at premium for the first allotment?
Please guide me to structure the capital of the Company, and what will be share of the promoter Company and the director A (Remember Company wants Rs. 5 crore for its project). Its urgent, please help me out
shweta
21 May 2010 at 23:29
dear sir/mam i have formed a pvt ltd company in march 2009 with paid up capital 1 lakh, it has not yet started its operation?? do i need to file a return.
plz guide
Guest
21 May 2010 at 13:11
If a priovate company takes over business of a properietorsip concern then whether proprietors experience and financial data for last 3 years shall be deemed to be that of a Company while submitting tenders for Government Works. Company is a new one and may not have experience and 3 years bs and P7L account. If it takes over a proprietor business then can it get proprietors experience?
Panther
20 May 2010 at 14:55
We are in the process of buying a "Limited" company from its current owners. The deal is simple; we pay them X amount and they will relinquish their ownership make us owner.
What all legal precautions should I take to make sure I am legally protected and there is no trouble in future.
The company currently has many partners but it will be under single ownership after take over.We are buying it as individuals.
Anonymous
20 May 2010 at 13:13
Drat set aside a recovery order of DRT for allowing cross examination of bank witness.A loss and damages claim against the same bank is pending in the civil court,the amount is much more than the bank claims.The case is registered and yet to be heard.During cross examination the civil suit claim was asked to the witness.The PO DRT objected that it could not be raised at this late stage since this was never mentioned in the WS filed earlier.Is the PO correct in disallowing the cross examination of these points or new facts discovered against the bank though not mentioned in the WS?
Anonymous
19 May 2010 at 17:59
we send material to our customer.but customer given some payment and now some payment is balance. now customer is not sending his balance payment from last five years.
we want to know that how we get back our payment.
please do the needfull.
thanking you,
yours faithfully.
jiten mota
VIJAY K. TEOTIA
19 May 2010 at 14:43
Marketing agreement and MOUs generally are executed and signed in day to day business. do such MOUs and agreements requires registration, further does it requires to sign such documents on non judicial stamp paper of rs 100/- or plain paper.
VIJAY K. TEOTIA
19 May 2010 at 14:37
whether the provision of PFA Act are applicable to the samples used and distributed for the promotion of sale of a product. are there any exemptions available to the samples if yes, what are those.
VIJAY K. TEOTIA
19 May 2010 at 14:34
A is manufacturer and B is a marketing company. bothe registered under company's act. anther company C is registered under dubai law. A and B agrees to do marketing internationally a product of A under the banner of C. for this purpose a joint venture agreement/MOU signed. is there any legal bar to sign such agreement, is registration required and is it legally enforceable.
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wine industry
i want to obtain the license for froducing the wine what will i have to do for that?
Regards
kamlesh kumar