SANDEEP KUMAR
04 September 2013 at 20:20
What is the meaning of legal language when somebody says that "Suit has been decreed"
S DEB
03 September 2013 at 15:51
After signing a contract by both the parties the contractor found that his profit margin would be hit if he performs the contract as per the stipulated clauses because the price estimate of a particular technical item was not according to the market price at that point of time. Now he has offered a less costly item with different specifications but specifically guaranteeing the performance of the project as per the terms of the contract.
In the above scenario can we accept his request because it is only the change in technical specification of an equipment and that too without any financial implication.
S DEB
03 September 2013 at 15:37
After signing a contract by both the parties the contractor found that his profit margin would be hit if he performs the contract as per the stipulated clauses because the price estimate of a particular technical item was not according to the market price at that point of time. Now he has offered a less costly item with different specifications but specifically guaranteeing the performance of the project as per the terms of the contract.
In the above scenario can we accept his request because it is only the change in technical specification of an equipment and that too without any financial implication.
Member (Account Deleted)
03 September 2013 at 12:04
A certain Flat owners association was formed in U.P. as a Section 25 Pvt. Ltd. Company Limited by Guarantee and having Share Capital in 2010 to look after the maintenance and welfar of the flat owners.Now its members desire to convert the said Company into a section 25 Public Ltd. Company Limited by Guarantee and not having Share Capital.Is such conversion possible under the existing provisions of the Companies Act,1956?
sachin
03 September 2013 at 00:50
Can you advise me on cyber crime cell. How does Investigation process as No. of cheating cases have been registered.
Anonymous
01 September 2013 at 00:01
Please explain me what is kitchen expenditure as per Indian law
shruti
31 August 2013 at 16:16
Hi,
please suggest me on this query-:
if 25% or more than 25% of the share capital of company "A" is owned by company "B", then while passing special resolution in the company "A", what things that company 'A' should follow?
somesh
30 August 2013 at 19:09
Dear Sir,
If bank sends a sarfaesi notice which reads that said payment is to be paid within 60 days after which bank would take appropriate action
Also it reads will go to DRT for the whole recovery.
My query is what rights do bank has regarding this issue and what all actions would bank take to sort out this matter
last and most important what measure should be taken to avoid bankers to take possession (but do not want to go legal with bank) if the defaulter is genuine and wants to pay off the dues.
property was given as collateral for CC account in bank
Thanks in advance
Anirudha mukkawar
28 August 2013 at 09:53
Respected member,
I and my father wants to register a new privet limited company for production of seed. seed company required agricultural land for production of seed. so I want to transfer my 5 acre agricultural land to company. And my father will transfer 10 acre land to company. then total property of company will 15 acre land. Against this land company will allot 33.33% share to me and 66.66% share to my father.
But how to legalizes this process.
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Applicability of section 297 of companies act
Hello Experts,
Please provide with your expert advise for my queries as below:
Company A is to purchase some registered Trade Marks and Copyrights of Company B. Company B is the registered owner of the Trade Marks and Copyrights involved in the transaction. Both are related parties as per the Companies Act. They have common directors and both are private limited companies.
I presume, RD approval is required for the purchase, sale of goods, services and materials as per the provisions of Section 297 of the Companies Act, 1956.
Please let me know, whether the registered Trade Marks and Copyrights will come under the category goods, services or materials and also let me know whether prior RD approval is mandatory for this transaction.
Please provide with your clarifications with supporting documents.
Awaiting for an early and positive replies.
Regards,
D.Mahesh