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Anonymous   02 January 2010 at 17:20

Registaring partnership firm

Dear sir,
I want to know the procedure of registration and formation of partnership firms. documents and checklist required for reg. firm in gujarat

praveen   30 December 2009 at 21:18

money lending licence

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?
Also can a government servent can get this licence? and practice/

Anonymous   29 December 2009 at 22:07

Can legal heir operate bank A/c.

Can a legal heir run/operate the bank account of a proprietary concern till the estate of a deceased person is fully settled ? Bank says to close the bank a/c by transferring the funds to the nominee. However, business cannot be immediately closed and till the things are settled, the obligations of the business are required to be met. Please help / suggest. Thanks & Regards.

Anonymous   29 December 2009 at 11:06

NBFC

Respected Sir,

We want to incorporate a Loan Company (Private Ltd), NBFC (Not Accepting Public Deposit) which will not be "Systematically Important."

The Main purpose of this NBFC is to finance his group companies. It will accept ICD from other companies

In this regards we have following queries.

1)A Loan Company-NBFC( non accepting Public Deposits) can give a loan/ICD to Group company?

2)A Loan Company- NBFC( non accepting Public Deposits) can raise ICD from other companies / outside Group companies ?

3)What is the definition of “Group company” – from perspective of a Loan Company NBFC.? Is there any relevant section / clause under the RBI Act / any other relevant Act/Rules?

Kapil Karia   29 December 2009 at 10:57

Private Limited Company and proprietorship firm

Can a Private Limited company have proprietorship firm, as one of its division or concern, one of its director being the proprietor? How would be the liabilities of propritorship firm dealt?

Anonymous   28 December 2009 at 11:30

purchase of sole propeitorship

sir
plz tell me how to takeover the business of sole propeitorship in following situation

we have a business as sole propeitorship the owner of which is mr. A and he has formed a pvt company with his friend to do the same business now what procedure should we follow to acquire the business of sole propeitorship which would attract less formalities and tax

Iqbal Singh   26 December 2009 at 21:51

Industrial Unit in RIICO- Bhiwadi-Rajasthan

I am NRI ( non resident indian)living in Kuwait sine many years. I applied and got a NRI quota Industrial Unit- Plot of land for a factory in RIICO- Bhiwadi. I paid full payment for the plot a few years ago. As per terms I was supposed to finish construction and show production from factory. I did not construct nor show any production. RIICO penalised me for the delay and gave me 45 days time to construct and show production from factory.

My query is " how can I obtain resonable time to construct and show factory with production of AUTO parts.

as I am living in Kuwait and a heart patient, I need advise on how to avoid the cancellation of the PLot as threatened by RIICO.

I await good advise and help in this matter. I will come to Delhi and RIICO in january 2010.

Iqbal Singh   26 December 2009 at 21:47

Industrial Unit in RIICO- Bhiwadi-Rajasthan

I am NRO living in Kuwait sine many years. I applied and got a NRI quota Industrial Unit- Plot of land for a factory in RIICO- Bhiwadi. I paid full payment for the plot a few years ago. As per terms I was supposed to finish construction and show production from factory. I did not construct nor show any production. RIICO penalised me for the delay and gave me 45 days time to construct and show production from factory.

My query is " how can I obtain resonable time to construct and show factory with production of AUTO parts.

as I am living in Kuwait and a heart patient, I need advise on how to avoid the cancellation of the PLot as threatened by RIICO.

I await good advise and help in this matter. I will come to Delhi and RIICO in january 2010.

Anonymous   26 December 2009 at 20:51

Partnership claim queries

Hi,

I run a partnership firm with 2 others and am stuck in a sticky situation where one of my partners has been involved in frauds and what to ask him to leave .However do not want this to cause any obstruction in the working of the company.

He has not signed the partnership deed with us.
However his name is mentioned as a partner in the IT files.

Can he claim anything from the company or obstruct its working.

sandeep kumar   26 December 2009 at 16:24

limitation in arbitration

Plz tell me

1.what is the limitation for arbitration in a contract .

2.From when it should be calculated. from date of cause of action arose or from date on which court ordered to go for arbitration.