somesh
21 March 2014 at 18:50
Dear Expert
I want to know who gives the permission to bank to auction the property of the liable person in navi mumbai and what is the procedure to know whether this permission is granted or not?
The property is mortgaged against NPA CC A/c with bank.
Please let me know
Member (Account Deleted)
21 March 2014 at 12:17
As per the provisions of the Companies Act,2013,a KMP cannot hold a full time job in any other company except in its subsidiary. However, he can hold the post od director in any other company.
Now my query is can the CS of a company having paid-up capital of more than Rs. 5 crore be appointed as CS in one or more of its subsidiary(ies)? Can he hold the additional post, even if the paid-up capital of its subsidiary(ies) exceeds Rs. 5 crore?
Zarna
20 March 2014 at 19:28
Can anyone tell me how to convert Sole Proprietorship Firm into Private Limited Company under Part IX of Companies Act?
Gorthi
20 March 2014 at 11:39
Dear All,
Please confirm.
Is Public Trust can borrow unsecured loans from outsiders i.e private financiers . Interest rate ranging between 14% to 24%.
Trust having registered address in Bangalore is this mean it is governed by the Rules of Indian Trust Act or is there any other law applies.
Regards
piyush behal
19 March 2014 at 23:20
We are exhibition service providers based in Noida , we have provided services to one of our client in Germany for which total invoiced amount was Rs 950000/-+ Taxes as applicable . We recieved an amount of 4.5 lacs as advance for services and on final delivery of services my client gave me cheque of balance amount which was stopped by him by giving stop payment instructions to his bank , which clearly shows his intentions , just wanted to know from you experts how can i sue this company and how long shall it take for me to get by money back.
looking forward for your expert advices...!!!!
Thanks in advance ...!!!
Shilpadhananjayan
19 March 2014 at 12:54
Few years back my husband was a partner in a partnership firm.the mode of operation was single as all the operation and transaction was handled singly by other partner.the other partner availed unsecured loan from bank as mode of operation was single under firms name.Now the loan has turned into nap and their is hearing on this case in debt recovery tribunal ....I want someone to clarify my doubts on following..
1)My husband didnt signed loan document will he be liable
.
2 how much time does Drt takes to give final decision on this matter
3)What is the time will Drt will give to pay loan
4)Any recourse available to my husband as he was not aware of loan and didn't signed it
5)partnership says that liability of partner is jointly and severally what does that mean.
I would thank if experts in this group can clarify my doubts
Nitin Varma
19 March 2014 at 03:17
Dear Experts,
In 2012 there was a client of mine who used to purchase material from me regularly. But in start of 2013 he gave me a call and told me that he is diversifying his business and going to start a new business. At that time I was not bothered because he used to pay his pending bills regularly. But soon after that call he has stopped recieving my calls. But when I called from a different number in may 2013, he answered my call and told me that he will pay the money of Rs. 53250/- of pending invoices within 1 month. After that he has changed his number. However I have his office and house adddress. The major mistake that I made was I don't have his post dated cheque. So, is there any other way that I can take a legal action. I have all delivery challans and invoices issued to him.
deepti sharma
18 March 2014 at 23:02
if a laison office for a foreign company is registered in india under RBI , what is the procedure for registering it under sec.25/8 of the company act?
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Central excise
Application( under Rule 7) format for availing provisional assessment for getting duty refund/adjustments.on regular trade Discounts such as cash discount and turnover discounts,which amounts are known subsequently after supply of goods,a sample application performa adreessed to The Asstt./Dy.Commissioner, Central Excise......