mintu
18 May 2010 at 16:58
Ld. Members
Please provide the amount of stamp duty which is required to be paid on:
1) Issue of secured debentures
2) mortgage deed on creation of mortgage/charge/security for debentures
at Delhi.
Thanks in advance,
Mintu
Anonymous
18 May 2010 at 10:59
IM A CHEMICAL DEALER.IAM SELLING CHEMICALS WHICH ARE APPLIED FOR PROCESSING OF SEMI FINISHED LEATHER INTO FINISHED LEATHER.IAM SELLING THESE CHEMICALS AGAINST FORM XVII.
BUT NOW I HAVE RECEIVED A NOTICE FROM CTO SAYS THAT THE CHEMICAL SHOULD NOT BE SOLD AGAINST FORM XVII FOR PROCESSING OF SEMI FINISHED LEATHER INTO FINISHED LEATHER SINCE THERE IS NO MANUFACTURING ACTIVITY INVOLVED AND NO NEW COMMERCIAL COMMODITY IS EMERGED.
SO CAN I KNEW THAT IT IS A MANUFACTURING ACTIVITY OR NOT? CAN THE CHEMICALS BE SOLD AGAINST FORM XVII?
Anonymous
17 May 2010 at 16:48
If the director of a company opens a rival company in the name of his relative or family member is he liable for civil action?
Anonymous
17 May 2010 at 13:18
Hello eveyone,
I wanted to know if a foreign company has a wholly owned subsidiary in india and it wants to take a loan overseas from a foreign bank, can in such a situation in lieu of the loan there be a charge created on assets of wholly owned subsidiary in india. Is such an arrangement possible and under what provisions? IF yes, whether FEMA Regulations would be attracted in such a situation? Can a Esoppel Letter be issued by the WOS in India to the Foreign Bank??
Anonymous
16 May 2010 at 16:42
This is regarding a Private limited company that has taken a fixed deposit in the name of the director and also has taken a loan in the name of the company against the same fixed deposit
1)Can a company enter into such transaction? If yes than what are the disclosure required as a statutory auditor of that company under companies act and also under CARO?
2)If No than how should the transaction be recorded in the books of accounts of the company, should it be shown as a loan to director, if yes than how should the loan from the bank be recorded?
Anonymous
14 May 2010 at 17:32
Hi,
I want to know whether a charge on land,building etc assets of an Indian SPV can be created in favour of a foreign lender?Whether an indian entity can be roped in as a trustee in the transaction?
The structure is as follows:The Indian SPV is having controlling promoter/sponsor entity in Mauritius/Cyprus.The lender is extending longterm loan(ECB/Structured long term loan) to the Mauritius/Cyprus entity.The underlying assets which will be required as collateral,mortgage are physically located in India.The foreign lender will require comfort in terms of charge on indian project assets of the indian SPV and appoint a trusteeship company as a trustee towards the mortgage/charge.Whether such a legal transaction is possible as per our regulatory laws?Which laws will be applicable to the same? Please help
radhe_mohan
14 May 2010 at 15:05
what is the remedy available to preference shareholder In the event of failure on the part of the company to redeem the shares on the date of maturity due to losses incurred by it?
Anonymous
14 May 2010 at 12:22
Hello eveyone,
I wanted to know if a foreign company has a wholly owned subsidiary in india and it wants to take a loan overseas from a foreign bank, can in such a situation in lieu of the loan there be a charge created on assets of wholly owned subsidiary in india. Is such an arrangement possible and under what provisions? IF yes, whether FEMA Regulations would be attracted in such a situation? Can a Esoppel Letter be issued by the WOS in India to the Foreign Bank??
zakir hussain lone
12 May 2010 at 13:56
HI I'm zakir hussain lone pursuing B.A.,LL.B FROM UNIVERSITY OF KASHMIR.I want to know what are the different fields in which a law student can work besides court.in kasmir,there is political turmoil and only courts are available to us.Here the academic value is almost zero becoz the teaching faculty of k.u. law deptt.{only govt institute in valley} is already full
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