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Atin Dasgupta   14 April 2008 at 20:17

Advice needed about a swamiji and a trust!

Dear knowledgeable men & women,

I have been in touch with a swamiji who owns a large tract of land in Vasai. The land adjoins the NH 8 highway and is quite a large piece of land. The swamiji claims to be in possession of the land with the requisite documents in his hands. Now he wants to form a trust and wants me to be a trustee so as to be able to receive donations from institutions and companies. I am a 31 year old media professional from Mumbai.

Now here's what I would like to know:
1. He wants to make me a trustee. Should I co-operate? How safe is it for me to become involved in this trust?

2. I have always wanted to be involved in a society or a cause that serves others. I had planned to be a trustee and raise funds for building a small school on the premises for the education of underpriveleged children. How can I go about this?

3. Lastly, who can help me register the trust and what are the normal expenses and the time period for the same.

4. I am an honest man. How can I ensure transparency of all dealings and the accounts?

I would really appreciate some advice on the same from the esteemed professionals, which would greatly help me in making an informed decision.

Regards,

Atin Dasgupta
Ph: 9820607875

sanjay_deys   11 April 2008 at 18:02

PF: REQUIRED FOR A Co. HAVING >20 HEADS HAVING SALARY>20000

Hi,

I am working with a company where all employees are getting salary ( Basic + DA )more than Rs. 10,000 and gross salary more than Rs.20000. Now as the salary is more than stipulated amount to attract PF, should our company has to go for PF registration if number of employees goes above 20.

Please give your valuable advice.

Regards,
Sanjay

NAMRATA DONTUL   11 April 2008 at 11:05

copyrights

by indian law what is the
•Criteria for application of copyrights
•Time limit for copyrights
•Document to be attached with the application.



Kunal   10 April 2008 at 16:29

Resolution for Buy back of shares

Can I get a resolution for approval of buy back's public notice

M.A.T.Ganesan   09 April 2008 at 14:09

credit cards

inspite of reminders the bank is not supplying the statement re garding credit card usage.so i stopped using the card intimating that the card is nolonger in need' eventhen the bank is directing to pay money.i have sent a communication stating that iwas not using the card in the relevant period. what can i do now?

dareson   07 April 2008 at 18:24

CONTRACT BETWEEN AN INDIAN & OVERSEAS COMPANY

Hi all! A Private Limited Company incorporated in India has entered into a Contract with a 'Foreign company' to provide 'software services'. When the project was nearing the final stage, the 'foreign company' which has utilised the services of the Indian Company has stopped the project and did not pay the balance amount due. The Indian company has recruited and made payment to the computer labourers for the project and thus incurred loss. The 'foreign company' said that it is the fault of the Indian company as the project did not run as per its' expectations. Now, what are the options available to the Indian Company? (1) Can a Police Complaint be lodged against the Foreign company for (a) 'BREACH OF TRUST', (b) 'Having committed Fraud' on Indian Company by non-payment of its' legitimate dues? (2) Can a 'Leave to Sue' application be filed at the HIGH COURT for claiming the money due? I shall be much obliged if anyone clarifies the above and also suggest any new methods for recovering the dues. Thanks.
'

Dr. JP Shyamasundar   05 April 2008 at 10:40

Usage of edible oils for industrial purposes

Respected Sir,

May I kindly be clarified that whether any edible
oils, viz., palmolein, groundnut, coconut, sunflower
etc., will be permitted to use in commercial chemical
formulations as ingradients? or Any restrictions /
regulations are available to stop the usage of edible
oils in non-food industrial applications, inorder to
conserve our natural and national resources for edible
oil availability to present and future man kind needs. I want to know about usage restrictions of edible oils in commercial sector. Or Whether any special approvals / exemptions are permitted.

An early reply is highly solicited.

With Regards
Dr. JP Shyamasundar, M.Sc., Ph.D.

J. P. Shah   02 April 2008 at 13:10

Misuse of SECURITISATION ACT 2002

ONE OF MY FRIENDS HAS BEEN THROWN OUT OF HIS FLAT WITH WIFE AND TWO SMALL SONS BY OFFICERS OF A NATIONALISED BANK FOR AN OVERDUE OF RS.3000/-ONLY, IN HOUSING LOAN OF RS.400000/-SINCE LAST 9 MONTHS, BECAUSE HE DID NOT REPEATEDLY ENTERTAIN OFFICERS WITH LIQUOR AND NON VEG FOOD. NOW HE HAS NO FOOD, CLOTHS, HOUSE, MEDICINES, HIS BANK-FILES AND MEANS/TOOLS OF SURVIVAL AND EARNING. HE LOST BUSINESS IN THIS PERIOD.THEY ARE SURVIVING IN A ASHRAM. HE HAS NO MONEY TO PAY FEES TO DRT/COURT OR ENGAGE ADVOCATE. DRT IS NOT ACCEPTING APPLICATION WITHOUT ADVOCATE AND FEE OF RS.12000/-. LOCAL POLICE IS NOT DOING ANYTHING ON HIS COMPLAINT. V HAVE OBTAINED SOME INFORMATION UNDER RTI ACT, WHICH SUBSTANTIATES THAT BANK OFFICERS HAVE GROSSLY VIOLATED LAW OF LAND, SUPREME/HIGH COURT JUDGEMTNS AND RBI CIRCULARS NOT TO RESORT TO ABUSIVE RECOVERY METHODS. NINE FUNDAMENTAL RIGHTS HAVE BEEN VIOLATED. COMPT WITH NHRC IS NOT ATTENDED BY THEM.LEGAL AID ADVOCATE IS ILLEGALLY ASKING FOR MONEY TO FILE WRIT. BANK HAS DEPRIVED HIM OF INFORMATION AND MONEY TO DEFEND HIM.DRT IS THE APPELLATE TRIBUNAL FOR ACTION OF BANK UNDER SECURITISATION [SRFAESI] ACT 2002 U/S 17. RBI IS NOT RESPONDING DESPITE TWO REMINDERS, LAST TO GOVERNOR OF RBI. ADVOCATES ARE DEMANDING RS. 40 TO 50000/-FOR JUST FILING WRIT IN HIGH COURT. DRT ADVOCATE WANTS RS.25000/- FEE FOR FILING FRESH APPLICATION IN DRT. FURTHER DELAY BY GOVT MAY PROVE FATAL TO THIS FAMILY. BANK H.O. IS SUPPORTING ERRING OFFICERS SO THAT OTHER DO NOT GET DEMORALISE FOR RECOVERY. THIS IS CASE OF A COMMON MAN OF INDIA VERSUS BIG NATIONALISED BANK, WHICH IS ACTUALLY MANDATED TO HELP AND DEVELOP COMMON MAN !

OUR LEARNED EXPERTS MAY GUIDE FUTURE COURSE TO MY FRIEND.

bm   02 April 2008 at 10:58

Ammending the share certificate

when there is change of name of the company.is there any procedure to alter the share cetificate. if is there please guide me

J. P. Shah   01 April 2008 at 23:19

Jurisdiction of Consumer Forum

My son was trading in shares with a share trading terminal at my place of a subsidiary of a renowned private sector bank. The trading agreement states as subject to mumbai jurisdiction. All transactions have taken place at my place through the trading platform of company's direct business associate at my place. My son incurred loss as the system did not function when markets crashed on 21-01-08. Please let me know if territorial jurisdiction will be district forum under consumer protection act at my place [its a district place with this forum] or mumbai which is 1000 kms from my place.


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