What is diff between company and corporate law??
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
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..
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?
What is the co-extensive liability of a gurantor under the Contract Act?
sardul singh
05 June 2009 at 16:53
After death of Karta of HUF, the property of HUF was partitioned between the brother of Karta and legal heirs of Karta. And under the partition deed one of the business went to wife and 3 sons of Karta. Now, can these legal heirs become partners under a partnership deed to carry on the same business which was earlier carried on by the Karta of the HUF?
Companies Act 1956- amalgamation
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