Hi,
Can any one please advice on the stamp duty aspect for Issue of Compulsory Convertible Debenture Certificate in the State of Maharashtra and Andra Pradesh. (what stamp duty is applicable on CCD agreement and also on CCD Certificate and under what provision of law)
Thanks in Advance
Sagar R K
Dear Sir(s),
A Company named ‘Y’ has a wholly owned subsidiary private limited company in addition to other Companies in the group.
‘X’ is a managing partner of a Law firm and his firm provides legal services to the Company ‘Y’ and its other group Companies for about 2 years now and would continue to do so in the years to come. For this, Company ‘Y’ and its other group Companies makes payment to the Law Firm by cheque.
Now, this is regarding the appointment of ‘X’ as an independent non-executive director in the Board of the Company ‘Y’.
Now, does this attract sec- 297 of the Companies Act, 1956? Do we have to take approval of Central Govt.? Please give a detailed picture.
Request all the experts to provide their valuable opinion?
Regards
Arijit
Rajeev Khanna
19 December 2011 at 21:20
Can a guarantor(surety) gives guarantee to the creditor for payment in event of default by the principal debtor after one year of the entering of contract between principal debtor and creditor:-means can agreement between creditor and surety be entered after one year of entering of contract between principal debtor and creditor:- we assume that during this one year there is no default by the principal debtor but default took place after one year and two months;-please provide citation in support
Rajeev Khanna
19 December 2011 at 21:18
Can a guarantor(surety) gives guarantee to the creditor for payment in event of default by the principal debtor after one year of the entering of contract between principal debtor and creditor:-means can agreement between creditor and surety be entered after one year of entering of contract between principal debtor and creditor:- we assume that during this one year there is no default by the principal debtor but default took place after one year and two months;-please provide citation in support
Dear All,
Mr. X wants to gift his shares to Y his son. Is stamp duty and share transfer form needs to be complied? Or only a gift deed will do? Kindly advise.
Regards,
Heaven
K.A.Salim
18 December 2011 at 19:10
on expiry of the time stipulated for satisfying a condition in agreement where time is the essence of contract promissor notified the lapse and asked to rectify -whether deemed as extension of time
Anonymous
18 December 2011 at 10:29
Hi friends,
Please let me know the content of different circulars or any link on the use of word "Private" in the name of Company. As I know Government Company is specifically exempted from ths, But is that exemption continioue even afer such Government company ceases to be Government company. It's urgent.
Dear Sir/Madam,
Sub:- Admission of partners.
We are going to add nearly 140 partners to the above mentioned LLP,
regarding that we wish to know that,
1) what are all the procedures for adding such partners to the existing LLP ?
2) Whether we have to file only form No.3 with supplementary deed for admission of such partners?
or what are all the other forms that need to be filed with MCA?
3) Whether we have to get SEBI approval before admission of partners, regarding falling under category of Collective Incentive Scheme ?
4) Whether Digital Signature is mandatory for all 140 partners in LLP or it is mandatory only for designated Partners?
Please clarify the above matters for our further proceedings and let us know the complete procedure for adding 140 partners to existing LLP, we are in much awaiting for your reply as early as possible.
MAIN OBJECTS OF THE BUSINESS:-
a. To deal in any commodities, substances, articles, merchandise, goods, and things whether solid or liquid or gaseous, as agents, commission agents, forwarding agents, clearing agents, distributors, warehousemen, licencees, merchants, traders, sales organisers, representatives of manufacturers of commodities, goods articles, materials and things and for that purpose to buy, to sell exchange, market, pledge, distribute, install, service, maintain, or otherwise deals in commodities, goods articles and things and to carry on the agency business.
b. To undertake and carry on business of builders, constructors, civil constructions, contractors, promoters, developers, builders, realtors, Infrastructure developments and all other business support service.
pradyot kumar biswas
17 December 2011 at 21:54
What is the legal difference between "change in constitution" and "Change of constitution" of a Firm.
What is the legal meaning of a "Firm".
Is changes from proprietorship to Partnership or vice versa can be considered as change in constitution.
Pradyot Biswas
Stamp on debentures
Hi,
Can any one please advice on the stamp duty aspect for Issue of Compulsory Convertible Debenture Certificate in the State of Maharashtra and Andra Pradesh. (what stamp duty is applicable on CCD agreement and also on CCD Certificate and under what provision of law)
Thanks in Advance
Sagar R K