arvindsharma
14 February 2015 at 09:17
1. I am proprietor of a proprietary firm which holds 49% shares in a Pvt Ltd firm.
2. I want to convert the Proprietary firm to partnership firm without changing the name.
3. Kindly guide me the way ahead and method to be followed
M S Subramanain
14 February 2015 at 06:56
Whether a Director of two private companies not falling under the class of companies - (less than Rs. 10 cr capital thresh hold limit of Sec. 203 ) can continue as Whole Time Director and draw remuneration from both companies. He is not a KMP though his designation is WTD which is defined now. Under Sch V Part I (d) a Mangerial personnel (incl.WTD) is allowed to draw remuneration from more than one company. If so, whether limits set under Part - II - Section V of the Scheule V of the CA 2013 is applicable. The compliance with Sec 196 which is appliable to all companies including private companies is met. However Sec 197 and Sec 198 is not applicable to these private companies. If not what is the best legal alternate.
ABHISHEK KUMAR
11 February 2015 at 22:48
Dear Expert,
Can a Pvt Ltd Co. accept loan from a director who is also a shareholder in the same company..?
Pls suggest as per Companies Act, 2013
Thank You.
Toni S. Sachdevani
11 February 2015 at 20:07
A is a Partnership Firm & B is it's partner. A through B obtains loan from C vide some MOU. Then B issues Cheque from account of some D Firm (Not known whether partnership or proprietorship of B). Who will be liable U/S. 138?
karan
10 February 2015 at 22:14
Since SC has lifted ban from Hookah. I want to know what are the different license required and guidelines to follow to open a hookah lounge. Also are there chances for ban to come-up again. Thanks in Advance!!
Rahul Gupta
08 February 2015 at 12:00
Can a partner's drawings be more than money in his capital account such that his capital a/c shows negative balance at the end of the year(31st March)
Sriram
07 February 2015 at 11:57
Sir,
Our Establishment Have allotted PF Code at Hyderabad and Sub Code in Bangalore, due to Administrative reason we look to close sub code and centralize the PF operations from Hyderabad.
kindly suggest how to close this issue.
Thanks & Regards,
A.Sriram
girish parmar
07 February 2015 at 10:28
Whether Registration of Charge created by way of Pledge with ROC is required under new Companies Act, 2013?
srinivas
06 February 2015 at 16:13
when rates quoted by two or more vendors are same with same taxes and duties nad terms & conditions on whom order to be placed. if qty is more we can divide but if job is one or qty reqd is one how to decide on whom order can be placed . can the other vendor challenges our action in the court.
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Non acceptance of donation from a donor
Dear experts.we as a charitable organisation can we say no or non accept to the donation from a regular donor who is donating for more than 10 years..recently we had encountered with donor's daughter for not considering her request to sell the product which are not in our catalogue and which is unethical ..donor's daughter communicated to her father with false accusation on male manager. now the father would like to give a complaint against the manager and sue him a criminal case which is untrue.. however the manager has submitted an incident report to the organisation and also others who were present at the office. according to the policy of the organisation the manager is absolutely right ....to protect the reputation of the manager the organisation will give him a full support if the donor proceeds to court. now the organisation is not happy with the donor's attitude as he would proceed further to harm the manager and the organisation intentionally hence we would appreciate is there any law that we can say no to his donation and ask him not to step in at the office.. we had a personal talk with the donor and requested him to avoid such incidence in future and if possible avoid donating to us but he said then return all my donation which was given from the beginning. please guide us in this situation we are not interested in his donation and also his entry