Dr.Anjani Kumar Vaidyasen,09431271130,Patna
31 October 2009 at 21:15
Dear Sir,
An arbitral proceedings is going on for dispute arising between consignee and consinor.After submission of affidavited counter statemnt the consignee has not fixed the next date for hearing the matter because the consignee is totally under influence of the respondent.My question is that1. any time is fixed for the award of arbitration matter.2.What steps should be taken for early award?
P.C. Joshi
30 October 2009 at 22:52
Dear Sir,
Pls guide on the following issue.
A Ltd has a factory in U.P.on leased factory of 11 months term and after 11 months lease is renewed.The Commissioner of Stamps issued a notice demanding registration and stamp duty.
The company is of the view that since it is 11months lease and registration of the lease is not required and no stamp duty is payable. Is the stand of the company is tenable.
On what lines the notice should be replied. Can it be mentioned in the replied that since the lease period is less than one year. hence, no registraion is required and as such, the demand of stamp duty is not justifiable.
Is the nature of lease being a commercial and being renewed after every 11 months give rise to stamp duty.
Regards,
P.c. Joshi
Nishat
30 October 2009 at 13:22
Dear Experts
I did settlement for my HSBC credit card at Lok Adalat to be paid in 6 Emi.Now, being jobless for 4 months in a row. I'm unable to pay the agreed Emi.HSBC men come to my place time and again and threaten.I've made it very clear to them, why I'm unable to pay.They threaten of court order and talk harshly to my mom.
I don't know what could be the likely consequences.
What can I do? Please help and guide.
Regards
Nishat
Raja Rajeswari S
30 October 2009 at 11:59
Dear members,
Suggest some useful manuals published weekly/ monthly with the recent case laws of supreme court and high court related to company cases.
regards
raja rajeswari
arvind
29 October 2009 at 21:28
sir,
i was working with a pharma company. the owner of that company borrowed loan from the Punjab National Bank as a CC account. he made me guarantor. for this reason i deposited the sum of 40 thousand rupees in that bank as a guarantor. this is the instance of 2001. three other peoples were guarantor like me. then i left my job from the company in 2006. furthermore i was not willing to be the guarantor. i requested to my boss to remove my name from the guarantor. he promised me to do the same. but in 2009 i got a legal notice from the bank to repay the dues of the loan's principal ammount and interests over this amount. now i am anxious regarding this issue. because i was just a guarantor not borrower. and i never signed any document to renew my guarantee. the owner of that company is not in my contact. and he is neither in reach of the bank since 2007. this is same for the other three guarantors too. but i am living at my present and permanent address. as i was genuine in all regards and i did faith on my boss that he would remove my name from the guarantor list.
now i am not able to understand what should i do?
neither i am able to understand what kind of action would be taken by the bank on me as a guarantor. nor i understand the responsibility of a guarantor like me to the bank.
please help me out. for what action should i take to get rid of this unwanted cheating from me by my boss and mental and social assault done by the bank to me.
i would oblize u forever.
urs sincerely.
P.C. Joshi
29 October 2009 at 14:29
Dear Friends,
Pls let me have your considered views on the following query.
In a listed company, promoters holding at present is abt 73.50%. promoters want to increase their holding upto 75%. What are the
compliances involved under SEBI takeover Code, Listing agreement and other applicable laws.
Regards
P.C. Joshi
Raja Rajeswari S
29 October 2009 at 13:14
Dear members,
kindly clarify me on the following:
A private ltd co. incorporated on 2004 has four directors as mentioned in the articles as first directors. Among the 4 directors, 2 directors have got the Din no. and the remaining two directors have absconded without intimating the DIN no to the company.(whether they have a DIN is unknown).
The co. in the annual return for the year 2008 filed the Form 20B with the din no. of 2 directors and in the Sch V 4 directors details were given.
The co. wants to cease their directorship. they do not hold any share. .how to file Form 32 for those 2 directors for their cessation?
while filing Form 20B for the year 2009, Can the co. show only the details of 2 directors alone in the Schd V, intimating the ROC that no din was intimated, hence Form 32 for cessation was not filed?
Plz do clarify,
regards
RAJA RAJESWARI S
varun
28 October 2009 at 19:24
Dear Sir,
A US company say "X" had opened an Indian subsidiary say "I" holding 99% of the shareholding(the said indian arm has been incorporated as a company in india);the balance 1% being held by the Indian director.The US company "X" has been merged with another company worldwide;however the indian company "I" was not sold.Hence "X" floated another company "Z" in the US and transferred the 99% shareholding.Does "I" have to take any approvals from the Government of India/RBI/FIPB to avoid FEMA violations.
regards,
Varun
Khaleel Ahmed Mohammed
28 October 2009 at 17:06
Dear Experts,
Can banker close account for non operating?
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