sardul singh
05 June 2009 at 13:02
Can a HUF be converted into a Partnership firm? If so, what are the formalities?
Dhrumil
04 June 2009 at 22:51
Section 297 is applicable if the transaction is between private company and public company or between two private companies.However, section 297 is exempt if the transaction is between two public company. i want to know reason behind it.
Rajarshi Ghosh
04 June 2009 at 13:17
Company Name: AGPL Pvt. Ltd.(AGPL)
Background of the case: AGPL was incorporated on 20.01.2007. The main object of the company is trading of various kinds of goods. The company has, in the financial year 2008-2009, given unsecured loans to 3 individuals for Rs. 500,000/- each at an interest of 12% p.a. AGPL is neither an NBFC nor did it apply for the registration in the F.Y. 08-09.
Query:
1. Whether there is any restriction under Companies Act or any other law for the time being in force whereby a private limited company is restricted from giving personal loan as stated above.
2. If there is a restriction, under which statute is it
KamalNayanSaxena
03 June 2009 at 11:33
Dear all learned members,
Under what circumstances a bank guarantee can be invoked by beneficiary after it's validity?
vikas
03 June 2009 at 10:43
Thanks to all of u for giving me answer,
but sorry to tell all of u that i had not get answer to my question.
once again i am putting my question infront of u expert.
- i have taken house loan for rs. 10 lakhs.
now banks say that do equitable mortgage & make the banks bhouja on 7/12 extract.
i am residing in jalgaon (Maharashtra).
when i went to talathi office, the responsible authority said me to pay stamp duty of rs. 5000/-.
but sir, as per bombay stamp duty act, i had already paid rs.1000 (i.e. 0.1% of loan amount as per Stamp duty act.)
Now according to my view, i am not required to pay any amount to said authority.
Please say me whether my view is wrong or right, & if i am wrong at any point then please suggest me what i should do?
Jitendra
01 June 2009 at 17:28
What are the periodical compliances to be done by Loan Company and Investment company - viz. monthly, quarterly, half yearly, yearly etc.
sahana
31 May 2009 at 23:04
hello all...can u pls explain me in detail regarding the concept of anti dumping agreement and its constructive remedies
suresh
30 May 2009 at 13:57
Hi.. Dear Experts Please give me guidlines for the problem stated.. The story is... me and my friend are buissnes partners we both running a bussisnes one fine day my partner to qiut the buissness ok then i told shre the porfit and loss and calaculate and gave cheque to me i dropped in to my account its bounce what shall i do Please suggest me...how to proceed further.
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Partnership firms in JV
Can two partnership firms join together to form a Joint Venture? Is there any legal impediment?