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jayesh ahire   16 January 2010 at 18:17

liabilty of lessor

If a person leases his commercial property to any private company which wants to make it its registered office.In that case what will be the lessors be liability if there any problem (like any scam/litigations)in the private company

ashish   16 January 2010 at 10:32

executive director working with company wheather traeted WTD

dear all thanx to all of for your taking part in this knowlegable discussion.

I would like to know that if a director working with a company as an executive director that means he is working as an employee of the company and if he is working as an employee of the company and also a director is it means that he is WTD and we have to comply all the requirements of section 198, 268, 269, 309 and schedule XIII wheather the paid up capital of company is less than 5 crores?

please suggest.

Member (Account Deleted)   15 January 2010 at 19:00

whats the procedure to a register a educational consultancy

i would like to start my own educational consultancy in the premises of mangalore ,karntaka ,so please tell me the procedure to to get it start and registration procedure..thanking you...yours faith fully
shinu k omkar

ashish   15 January 2010 at 17:53

difference between executive director & whole time director

please clarify the difference between executive director & whole time director.if any

Anonymous   15 January 2010 at 11:32

Agreement in restraint of trade

Dear Experts

My query pertains to a clause in the Distributorship Agreement which reads as follows:

The Company shall not enter into agreement with Sub - Distributor/s on an independant basis during or after termination/ expiration of this Agreement with Distributor.

Please note :
1. Sub- distributors are independant dealers to whom the Distributor sells products purchased from Company.

2. The relation between Company and Distributor is on Principal to Principal basis.

I request answer to my following query:

1. Legallity of such clause in the distributorship Agreement vis a vis Contract Act.

Regards








Prashant Kothari   15 January 2010 at 09:07

MY CIBIL REPORT

Dear Sir,

working as Job Consultant having good banking track record but unfortunately when i started business in 2004 taken one loan from SBBJ bank or due to financial crisis was not able to repay 50,000/- Rs but as my business grows recently before 1 Yr cleared all amount in my loan,But this bank manager is not giving me no dues certificate or NOC.

Please give me suggestion that how i can take action against this bank manager or how i can get my NOC letter.

RGDS
Prshant Kothari

MEHTA KETAN P   14 January 2010 at 14:27

M.R.P.

SIR,
I IMPORTS INDUSTRIAL SEWING MACHINES AND SPARES FOR CHINA.
CATEGORY UNDER IMPORT IS 84.52.30.90
CUSTOMS SAYS THERE IS NO NEED FOR M.R.P
UNDER YOUR SECTION .
BUT VIGILANCE DEPT FROM M.R.P SECTION
IS NOT SURE FOR THE SAME .
PLEASE HELP
THERY HAVE COLLECT MY SAMPLE AND ASK FOR EXPLANATION

ABU FATEH   13 January 2010 at 07:14

Regarding

Hi
I have some shares pledged against as security in my bank.The bank had earlier cancelled the lien mark.What the bank has is old share certificates.Those share certificates are no more valid. And I have the new share certificates.In this context is it legally correct/possible to sell my shares without the banks consent?

Raja Rajeswari S   12 January 2010 at 17:38

FEMA for LLP

Dear members,

LLP is to be started in India for exporting engineering products . A foreigner and a NRI wants invest in LLP by making 45% of the capital contribution each in LLP.The remaining capital 10% is to be contributed by Indian investor.

1) Is the investment allowed under Atuomatic route of FDI ? If so, kindly let me know the RBI notification/circular which allows Foreign investment in LLP.

2) If the investment is not possible, how can they bring in the foeign funds. they do not want to form a a pvt company? ( The Indian investor being the working partner with only 10% of capital contribution wants a share in the profit , hence he wants LLP form . If it is a company, he will be eligible only for dividend and fixed remuneration and so he doesnt prefer company form of organisation)

2) Can they repatriate the amount invested?



Kindly do clarify.

regards



RAJA RAJESWARI S

Anonymous   12 January 2010 at 17:36

money lending

i want to get a money lending licence. In mumbai who is the authority(registrer)? Where is office and what are the procedures if u can guide?