Anonymous
28 November 2011 at 07:30
S, a shareholder appointed P as proxy. Both attended the company meeting. S the shareholder voted on a resolution. P too claim the vote on the resolution. What will be the claim of P?
Jidnyesh
25 November 2011 at 18:53
Hi,
I want to know the details take license of Medical Shop. I have D.Pharm passing certificate. I need also process of Shop act license for the same. Which document are required for the same and what care taken from my end at the time of rent agreement for shop. Is there any more requirement for start the medical shop and need to take insurance of shop also?
Please guide me.
Thanks & Regards,
Jidnyesh
Anonymous
25 November 2011 at 16:57
Applicability of sec 20 of the BR Act on holding companies of banks
kamala
25 November 2011 at 16:03
I want to know whether provision of sec 20 of the BR act would apply in following case. An indian national is appointed as a director of the holding company of a foregn bank which has branches in India. This person has availed loan from this bank in India
Anonymous
25 November 2011 at 15:58
Please some one clarify my question what all includes in "indirect interest" for disclosure under section 299 of Companies Act 1956
Anonymous
25 November 2011 at 15:29
We a pvt ltd company had borrowed funds from bank for a project the project failed to generate income after 12 months hence we failed to repay the bank.We had pledged 3rd party property to the bank now bank had sent the subject notice. We need alteast 12 months to repay the debt which the bank did not agree. Now please help and in which way I can save the 3rd party property or atleast stop the bank from taking urgent action as If I can drag for sometime than i will be able to pay the bank,pls advice.
Thanking you
Anonymous
25 November 2011 at 15:22
I want to know whether provision of sec 20 of the BR act would apply in following case.
An indian national is appointed as a director of the holding foregn bank which has branches in India. This person has availed loan from this bank in India. will sec20 (b) ii and iii will apply and the advance is prohibited
i request for an early reply
Anonymous
25 November 2011 at 11:43
Dear Member,
Would you mind guiding me about a matter where Mr. X purchased a Motor Cycle under hypothecation with Family Credit Ltd. Mr. X was paying his EMI on due dates. After paying 17 EMI his Motor Cycle has been theft and he lodge a complain to the nearest Police Station and intimate the same to the insurer company.
Now when he has no Motor Cycle with him so he wants to stop the ECS (EMI) with his bank, till any resolution comes from the Insurer Company.
What should Mr. X do where he approached to Family Credit through telephonic conversation and get to know that if he stop the ECS then every month bounce charges will be levied on his loan account.
Actually, I've already lodge the complain to the Police Station and informed the insurer but what to do now sir, please advised me.
P.C. Joshi
25 November 2011 at 01:28
Dear Friends,
Now a days we come to know that collecter of stamps in Delhi and other states are issuing notices to companies for default in payment of stamp duty in share certfcate on allotment of shares. Some of you must have come across thi sissue recently. I have some queries in this repect can any one please clarify.
1. WE PAY STAMP DUTY WHILE INCORPORATING A COMPANY AND ALSO WHILE INCREASING THE AUTHORISED CAPITAL. Then what else is the stamp duty payable on allotment.
2. If yes it is payable what is the rate and how the stamping is done i mean is it a self adhesive stamps or embossed on the share certifcate and the systems woks.
3.What is the option for the companies who have viloted this norm.
4. Suppose a company sou moto wants to comply with the stamp duty payment for past as well as future cases what should it do. WHich office in Delhi should be contacted.
5. I understand that in Haryana there is a stamp duty of Rs 10/- irrespective of quantum/amunt of shars capital issued. SO some company are showing the palce of allotment/board meeting in haryana is it valid.
6. In case any notice has been receibved what reply should be given at the first instance.
Looking forward to plenty of responses on this matter.
Thanks & Regards
P.C. Joshi
B.Com, ACS, LLB
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