Heaven 2011
11 June 2009 at 14:11
Dear Sir,
In case of amalgamation between two Companies the, if the share capital of the transferre company is increased due to issue of share capital to the share holders of transferror company, is the transferree company required to coply with the provision of the Companies Act seperately or it will be exempted as the compromise or arrangement it self is complete code and hence it will not require to follow any procedure of the Companies Act seperately by the transferree company.Kindly advise.
Regards,
Asish
CA CS CIMA Adv Dip MA Prakash
11 June 2009 at 11:04
What is diff between company and corporate law??
Buvaneswari
11 June 2009 at 09:39
Respected experts,
some of the Microfinance institutions (MFIs) in Tamil Nadu registered under Company's act or Trust Act that operates as Non banking finance company are undertaking insurance business (i.e. micro insurance). Instead of insuring their clients in insurance companies, they developed their own insurance product specifically to their clients and covering the risk(i.e. called as in house model). As per IRDA's rule, 100 crores capital is must to start insurace business. Is there any legal regulations for the MFIs to carry out microinsurance business? If so, plz tell about the requirements to be submitted by MFIs.
Thanks..
plz experts..Its urgent..
Nilesh Mehta
10 June 2009 at 13:30
Is it necessary for a listed company to send the accounts along with agenda note to all the directors before the board meeting in which it is to be approved or the same can be tabled at the meeting itself. kindly mention the relevant section / clauses also.
the reply is needed very urgently.
BHAWNA
09 June 2009 at 16:59
Dear All!
Please , tell me all the laws & provisions applicable in a Stock Broker Private Company.
Please, tell the procedures for incorporating a Company.
And Legal Documentation etc.
I will be highly grateful to you.
With Best Regards
Buvaneswari
09 June 2009 at 11:49
Respected experts,
some of the Microfinance institutions (MFIs) in Tamil Nadu registered under Company's act or Trust Act that operates as Non banking finance company are undertaking insurance business (i.e. micro insurance). Instead of insuring their clients in insurance companies, they developed their own insurance product specifically to their clients and covering the risk(i.e. called as in house model). As per IRDA's rule, 100 crores capital is must to start insurace business. Is there any legal regulations for the MFIs to carry out microinsurance business? If so, plz tell about the requirements to be submitted by MFIs.
Thanks..
Perumal Prabhu
09 June 2009 at 11:08
Sir/Madam
what are the steps that has to be followed when there is change in constitution of partners in a partnership firm
(Eg. A,B & D entered into partnership deed and formed a firm. after 2 yrs B&D retired and X, Y became new parters of the firm.)
Should the firm be reregistered again?
Please give your suggestions.
S Kalyanaraman
08 June 2009 at 17:01
What is the legal position in Tamilnadu on stampduty on slumpsale?
Gopal Krishna Behera
06 June 2009 at 07:28
What is the co-extensive liability of a gurantor under the Contract Act?
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Agreement restricting Legal rights
As per section 28 of the Contract Act, any contract abosolutely restricting the legal rights are void to the extent of that restriction.
However, if both parties to the contract, agreed to resolve the proceedings through Arbitration, can any party go beyond that and may file a legal case on any disputed matter to the Court / High Court.
Further my second question is that,
4-5 companies have executed contracts seperately with GOI. They have also formed an association for their benefit of them and to protect their interest against any deteriment. that association is not the party to the contract.
Can that association file a case against GOI against any dispute if arises i.e. can that association being association of all 4-5 companies be a party to the contract.
If yes, can it file a case in the High Court when the parties agree to resolve the matter through arbitration only.