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Chaitanya   07 October 2013 at 13:30

Is it permissible for a company to give a gift to it's directors

One of my relatives wishes to give a gift of the property held by the company, in the name of the company to it's 3 only directors who are family members.
And if so, what would be the tax implications?

RAJ KUMAR   04 October 2013 at 23:18

Service matter

IN CASE OF PSU BANK OFFICER, WHAT IS TIME TO FILE WRIT PETITION AFTER RECEIVING THE ORDER OF REVIEW AS DECLINED THE PETITION.

tushar   04 October 2013 at 20:12

Band fd backed by nottery

Good day sir/madam,


BAnk Fixed deposit is insured for only 1 Lacs per customer irrespective of FD amount.

But If Private sector back claims to give statement of returns on Fixed deposits on stamp paper and nottery it.

is it possible to recover Full amount from bank instead 1 lacs insurance amount if something goes wrong with bank business???

please advice

phani   04 October 2013 at 19:13

Clb procedure

dear sir/madam
i would like to know about changing procedure of company law issue from reginoal CLB to Delhi , its very important to me .


thanking you

hrishikesh   03 October 2013 at 12:31

Company law board matter under section 397/398

There are 4 directors in a private ltd company.all having equal share holding of 25%

Bhupendra Dubey   03 October 2013 at 12:21

To get anti drug certificate

We want to import some health related items from china like Anti Mosquito Band or Fever Patches.

Should we get Anti Drug Certificate?

If yes then how we can get it.

Please reply in details.

Thanks & Regards,

Bhupendra Dubey

alby abraham   02 October 2013 at 23:23

About self cheque

my staff stole my cheque that i already filled pay self Cheque with my sign on the front without my sign on back and this person submitted this to the bank and put 2,00000 amount and get escaped what should i do

Pramey Sonecha   02 October 2013 at 11:24

Cource of action for recovery of loan amount for a co-operative bank under liquidation

Hello to all the experts on LCI,

Kindly reply to the following query.

XYZ, is a co-operative bank went under liquidation process. Bank while was active gave a clean OD to a shareholder for Rs. 5.00 Lacs. Two other shareholders of the bank are guarantor of the said loan. No property is given under mortgage. Bank went to Board of Nominees and obtained a judgement against the borrower and guarantors. How can bank further take action ? Can bank's recovery officer directly attach the property of borrower or the guarantors or it has to file an execution petition before the civil court?

anil   02 October 2013 at 01:33

Loan buisness

Hi,

I want to be freelance and start Loan business.

But before starting i want to ask Legal question.

1. Do i need to have a registered company.

2. Should i receive commission from customer in cash, if so how should i record this in books of accounts on legal terms.

KHUMESH   01 October 2013 at 16:40

New factory establishment


We have owned new factory on partnership basis , for the factory we have purchased land and electrical connection done and purchased the machinery by paying own money , now we want to apply for loan in the bank for the company and whatever money we had incurred , can it be payable by loan amount because till now we had done expenses of own. so bank can sanction loan and refund the money and transfer all laon on company .
Regards,
K.K.Patle