can a private limited company declare one of its unit as NON PROFIT EARNING UNIT means directors of that company will not take any share/part from the profit earned by the unit?
Dear sir Iam suffering lot financial problems so I deside to work two company's in marketing field as a regular employee currently Iam working stockbroking company as a relationship manager I got another job in bank as a asst manager both jobs is marketing role. If I work both companys legally any problems will be accured. Some body suggeste if u work both company's They will trace your PF A/c and both companies dismisse you and u r not eligile for 3years to get private jobs also. Iam totally fear about this issue please clarify me. Its legal or illegal to work dual companies in day time as a regular employee
Regards,
Samiulla s
Suit filed by the borrower for damages and subsequent suit for recovery filed by the bank were transferred to DRT and decided by a common order. Suit for damages was awarded against the Bank. Bank had not challenged the jurisdiction of DRT in damages suit then.
a) Can bank in appeal before DRAT, challenge the jurisdiction of DRT to decide suit for damages filed by the borrower before the bank filed suit for recovery?
b) Would situation be different if bank had earlier contested the jurisdiction before DRT itself?
c) Any other opinion /advice?
Can I leave my job without serving notice period. My six months contract is over. Please suggest.
A resolution passed by the Board of Directors is not proper in law and is not effective. When the defect in the resolution is not procedural then how can we challenge the resolution?
R\Sir,
For financial year 2013-14 due to our late income tax audit we not filled till to date our company ROC return.So, please suggest me what is late fees or interest charged for ROC return of companey. Exact fess structure for F.Y.2013-14 ROC return.
hi,
we going to start educational consultancy for mbbs and md,ms to study in international universities. And also we planning to help students in getting visa and passport.So please advice me about the registration formalities and procedures......
Dear Sir, I am working for a partnership firm as manager. The two of the partners want to exit from the firm and their relative wants to continue business on the same firm name.
I am assigned to know the procedure to do so, I request your good self to kindly advise me how to go about it.
Firm Regd on : 2013 December.
Look forward to hearing from you sir,
Regards,
Kiran
A private company, files an application seeking approval for transfer of leased property, without making any attachment of the resolution to be taken it that respect, the company after filing application to the government, convened and took resolution and subsequently filed it.
is it a valid act on the part of the company or a dispute can emerge out of this?
one more query, a private company after approval of name but before getting certificate of registration purchased stamp paper in company's name to enter into the transaction in future. is it possible?
* both queries comes under companies act, 1956
Consideration other than cash
Dear Sir,
Our company (Farmer Producer Co.) got Capital Support From Govt Agency . when we allot shares to shareholders then it's shares allotted for cash consideration or consideration other than cash .