swetha
27 March 2014 at 17:39
sir,
one of my family member took a loan in the yr 2005 from a private bank mortgaging the property paper of a house which is in the name of my grandmother who expired in the yr 1999 by misrepresenting someother lady as my grandmother and after 2 yrs my grandfather got a recall notice on her name n my grandfather was very shocked about it and gave a notice to them giving the information of the death of my grand mother and also requesting them to furnish the information and documents regarding the said loan under RTI act but the bank denied to give any information regarding the said loan stating its not governed by RTI act
by basic question is can a private sector bank deny furnishing the information and documents of the said loan stating its not governed by RTI act
swetha
27 March 2014 at 17:24
can a person withdraw money (for self)from a secured overdraft
swetha
27 March 2014 at 17:19
basic formalities required by a firm while applying for a secured loan for their working capital
Deepika
27 March 2014 at 17:04
Hi,
An small ITES company in Pune wants to start a 2nd shift / 3rd shift operations. It is registered under the Bombay Shops and Establishment Act. What permissions are needed and what is the process to be followed? What are the mandatory compliances?
Also - it is located in an SEZ. Are there any aspects to keep in mind considering this?
Will appreciate any inputs / information on this. Many thanks.
RACHIT
27 March 2014 at 13:35
Respected Sir,
I have a query regarding applicability of section 135(5) of company act 2013 which provide as under:
The Board of every company referred to in sub-section (1), shall ensure that the
company spends, in every financial year, at least two per cent. of the average net profits of the company made during the three immediately preceding financial years, in pursuance of its Corporate Social Responsibility Policy.
So my question is related to my company in which my internship is going on :
sec 135 is effective from 1st april 2014, where it is mentioned to contribute 2 % of the average net profits of the company made during the three immediately preceding financial years for social cause. Our Company has earned profits of more than 5 crore in preceding financial years i.e before 1st,april 2013. But in quarters of 2013-2014 it has incurred huge loss.
So is still company is requirred to contribute to fund or is the average net profit of preceding 3 financial year is taken into consideration from 1st april 2014 ????
OR
Is past profits i.e before 1st april 2014 is taken into consideration or only the profits from the date of implementation of sec 135 is consisdered ??
Confidential
26 March 2014 at 13:21
What can be the contents of an MoU between two establishments under the following arrangements:
1. Company A is involved in Manpower(labour) supply and Recruitment of staff.
2. Company B is involved in HR outsourcing - except Manpower (Labour)supply.
3. Company A has approached Company B to provide HR Outsourcing & consultation to its clients under the name of Company A.
4. Company B will generate invoices in the name of Company B and will not Directly raise invoices to the clients of Company A
5. Company A will include HR Outsourcing and consultancy in its website and any subsequent inquiries will be forwarded to Company B.
6. Company B will not approach any clients of Company A and will accept this MoU as a non poaching agreement.
7. Company A has agreed to allow Company B to use office premises & other facilities or utilities if or as and when required.
Kindly advice what else can be included in the MoU.
Or can any one forward a format of MoU.
VIPUL KUMAR SHARMA
26 March 2014 at 12:45
From which year we should calculate our company's Net Profit to see that whether we constitute Corporate Social Responsibility committee or not in our company.
hetalsangoi
24 March 2014 at 08:24
1)Whatis the validity of MOU? Is it enforceable in law! Why party enter to the MOU and signed? What are its pro and coins?
Confused Indian
23 March 2014 at 20:46
Hi,
I have a couple of issues which are essentially legal violations against its clients by renowned corporations.
I am looking for volunteers - experts or otherwise who can take this up and file PIL. I can provide all the details along with modes of conducting sting operation.
Please send PM with contact details - phone/email, if you are interested.
PS: I am not looking for suggestions of approaching consumer court. There are instances where people have approached consumer courts and won against these corporations.
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