pawan
15 November 2012 at 14:11
What is liability of companies who has liaison office in India and Registered office abroad (dubai).
Poorna
12 November 2012 at 16:32
Sir,
I work in a small size pvt co. registered under companys act.
The employer pays bonus to the employee every year though they do not compliance with the Bonus act Strictly.
Bonus is usually paid on Diwali.
Due to some reason i had argument with my employer on minor issue where he spoked to me very arrogantly even after serving the company for 7 yrs.
So i decided to leave the company giving one months notice. ie on 30.9.12.
I had written to the company for my yearly Bonus( FY 2011-2012) . But no reply.
My question is can i claim bonus if paid to the present employees.
Pl reply
P dandekar
Member (Account Deleted)
12 November 2012 at 12:32
A Pvt.Ltd Company does not have its Chairman of the Company. Each Board
Meeting, its Board of Directors are appointing Chairman for that particular meeting only.
Can the Annual Report of that Company for 2011-12 be signed by the Chairman of the Board Meeting at which it was approved, if so authorised by its Board?
koteswara rao jonnalagadda
12 November 2012 at 01:19
respected sir"s,
wish you happy diwali,
i requested icici bank by paying nominated fee of rs 10/- and asked for certain information about illegal debits to our current a/c under rca head.i asked for the respective debit amount vouchers or letter given by us.i am making a regular correspondence with them and now i demanded under rti.but they are not giving the information or not returning the money now they are claiming that icici bank will not come under rti act.kindly advise me is it right if so what will be my next course of action to collect the information and collect back our money.
thanking you,
with regards,
koteswara rao.j
srinivas desai
10 November 2012 at 20:59
Sir,
I would like to purchase a car registered in the name of a partnership firm. The person selling the car says, The Managing Partner will sign all the documents & put the seal of the company i.e. For seal of the company represented by the managing partner. I would like to know whether the sale is legal & whether the sale is binding on all the partners. If at a later date, some other partner raises a claim and files a case against his partner & me alleging fraudulent sale, what will the consequence for me? Will he have a claim of his share on the car? What is the correct proper procedure of buying such a car. Please reply early, thanks in advance.
MANOJ HARIT
08 November 2012 at 17:40
Respected Experts,
ABC Pvt Ltd has mortgaged its' Fixed Assets with a Bank for Term & CC Loans by way of Regd Mortgage Deed & duly registered the same with the Registrar in 2003.
In 2010 an unsecured creditor got a money decree against the Company. It has filed foe Execution of the Decree.
Now it has moved an application under O 21 R 54 for attachment of the same property.
Is it possible? If yes,
What are the option for the Company.
Thanks,
Regards.
Ritika singh
08 November 2012 at 17:11
the loan agreement executed between a bank and a company . the appropriation clauses on default call for applicability of the agreement or in absence of the same sections 59-61 of the indian contract act .......can in anyway the creditor/lender/ bank determine the same on default???.......can the terms of laon agreement be altered for the same as far as appropriation is concerned??
Sameer Talha
08 November 2012 at 15:59
i had placed an Purchase Order through mail on A particular vendor and after 2 weeks he is saying verbally that he cannot supply the material is there any law which can force him to supply the material.
Note: Order was mailed to him through mail and no confirmation or acceptance is there in written. awaiting for your reply
shrey
08 November 2012 at 13:15
Dear Friend
Company is taking over running business of Proprietorship firm for consideration of 1 crore paid through issue of shares.
Properties under takeover are all MOVABLE. We have executed Takeover Agreement to keep things in written
However I find there is applicability of Stamp Duty under Entry 23 (attached herewith) of Rate of stamp duty as applicable in state of Delhi (under conveyance) as agreement talks of sale of property, however if sale purchase movable property individually no Stamp Duty is applicable.
Pl suggest how to plan this deal without paying any stamp duty
Sec 2(10) define Conveyance as :
“Conveyance.”
(10) “conveyance” includes a conveyance on sale and every instrument by which property, whether moveable or immoveable, is transferred inter vivos and which is not otherwise specifically provided for by Schedule I 5[or by Schedule I-A, as the case may be;]
As per transfer property act : every property which is not IMMOVABELE is movable property
Thank you in anticipation
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Used car fraud
Hi, here is my problem needing legal advice.
1. I booked a used car from a dealer in Coimbatore ,Tamilnadu.
2. I paid token of Rs.55,000 ( Rs.25,000 + Rs.30,000) and took the car with the xerox papers etc, when asked fro service records and originals he said he will give in post transfer and settlement.
3. I was shocked to find that Car Meter was misleading when inspected in Tafe coimbatore, I was told & shown 45000 as car mileage whereas it was 75000 on real. when enq i was been told it was mistake of service people.
4. After discussion I Applied Car Loan for the remaining With dealer Refered DSA of Kotak Bank, After a week of Process i was been informed the Loan was rejected on Employment grounds.
4. I revereted immd to Dealer by returning his car & informing him that i will try with another Finance & settle it asap to which he agreed. My Loan was too Aproved & in Process.
5. Suddenly dealers reports some problem from seller demanding car or Money and closes his shop next 3 days and dissappears with my money & Vehicle.
4. My problem is now that I have paid all the money and have the receipt for 25,000. But I dont have the original RC book or car or anything left.
5. When enquired The Dealer reports The Car has been Taken by the Owner & he has given it.
6. I am stuck.if I go to the police and this broker with his good links could easily getaway..
7. After seeing all these incidents from the beginning on Non Introduction of Owner, Car Price, Mileage tune, Finance & settlement Terms, disappearence of Vehicle & Money im very suspicious on the Fraudalent Dealings of the Used Car Dealer..
please help me how to go about from here without loosing my Money..