Anirudha mukkawar
27 August 2013 at 08:05
Respected members,
If I and my father creating a company, how this company can have our agricultural land against allotment share to us.
akash
26 August 2013 at 15:21
Hello Experts,
I gave an unsecured loan of Rs 8 lakhs to a new private ltd company, which was being run by a friend. The company is now into losses and owes about 25 lakhs to suppliers. Now I want my money back but the co. is saying it does not have the money and keep me waiting. They have assets of Rs 20 lakhs and no other liabilities apart from my loan and the supplier payment, as they claim.
If the company shuts down, would the supplier be paid first or would I be paid first? I'm concerned that if all the assets are used to pay the supplier, I will not get back anything as I did not have any collateral security in the loan agreement.
Thank you
Santosh
26 August 2013 at 15:08
Hi,
Consider a situation:
1) Party A is recipient of money (in rupees) 2) aware that the original source of payment is from trading in foreign country (USDollar) and 3) is engaged into an agreement with party B 4) the party B is going to covert the USD to Rupees 5) make the payment to party A by cutting TDS.
In this situation, if party B is somehow violating FEMA rule, does the party A will also be implicated under FEMA rule ?
Could you please answer this query. I really appreciate your advice.
Arvind Gupta
26 August 2013 at 12:36
Dear Sir,
My father has run a proprietorship medical store. but a month ago he died, my lawyer said that my VAT registration has to be cancelled and a new registration will be applied to run the business . I want to is there a provision not to surrender my old registration because I want to run the business in my mother's name.
If it is not possible then what should I do. and also suggest me what type of business i should run (Proprietorship/ Partnership) if Partnership pls send a format of Partnership deed.
ramesh kumar
26 August 2013 at 11:57
my query is regarding a partnership firm.two partners are running a firm.now due to some personnel
reasons 1 partner want to become non working partner.if he can take any money from a firm for his basic needs of family.this must be seperate from interest on capital and profit share which will come after end of an year.the amount so received should not affect non working partner's capital.
thanks.
Ramesh
arvind
25 August 2013 at 22:27
dear sir
i am into trading i have supplied
good and i have invoice copy and delivery challan with me what kindly of case i can file but i do not have any cheque from him please tell and what to do and any professional help from lawyer and your contact details in bangalore
siddaram
25 August 2013 at 20:10
we have a credit co-operative society, we want change into a pvt ltd company weither its possible ? if possible means how it is?
Makarand Bodas
24 August 2013 at 20:40
I m thankful to Advocate Goyal for answering my earlier query. i m rnning coaching classes n if i want to registerit where n how shhould i proceed. will any one help me for same in Mumbai.
Rajesh
24 August 2013 at 12:48
Dear sir/madam,
I was a client of 'Bonanza commodity Broker pvt ltd' of sub broker of Hosur Branch, within chennai region.
Hosur branch have been closed down before 6months and i was trading voluntarily under chennai branch.
My Client Code is MTX48R60.
On the day of july 7th 2013 i had the balance of Rs. 171883.95 as positive balance and had the carryover limit of more than 5lakh both mcx and ncdex.I was neither informed as i have no schedule contact with them that i have a margin shortfall nor they autosquare of the position to the level of my margin amount .And on the next day i.e., july 8th 2013 there was autosquare off when there was mtm loss of 3.3lakh(Approx) which created a margin debit of Rs.163518.54 they constantly tortured me on phone to pay me the amount which was their mistake.
By the last week two members from chennai came to HOSUR and threatened me to pay and taken from a cheque for 1.5lakh. I still had said manything that its not my mistake.
I need a help in this matter as i dont know what to do.
I await ur reply sir/Madam
thank you
with regards
Rajesh Kumar
Is hydrochloric acid banned on retail outlet?
Dear sir,we are dealing with repacking of HCl acid .On 16 July 2013, the supreme court passed an intereme order that acid can not be sale on retail counter unless follow some guidlines.we want to know that, is there any clarification that which acid is to be not sold on retail outlet? there are hundreds of acid there in the market.so far as acid throwing on face is concern we think only sulphuric acid is used for that purpose ,then why ban on other acid? some acids are used in fooding items also.
Pl.advise us the legal terms .
Thanks.