Anonymous
20 October 2011 at 12:17
A private company was incorporated on 7 april 2011. There were 2 subscribers to MOA one is foreign company holding 9999 shares and one Indian citizen holding 1 share on behalf of foreign company. The company received all the subscription money on 18 july 2011 from foreign company. And again company received money from foreign company on 23 july 2011 for further allotment of shares.
Company allotted shares on 27th july 2011 by way of passing two different board resolution one for allotting shares for subscription money and other for further allotment.
Now my question is that whether a private company without receiving subscription money can file MOA for registration with ROC and if yes then what is time period for receiving subscription money after Date of incorporation.
Can it make allotment by passing two different board resolutions in same meeting, one for subscription and other for further allotment? Time gap for further allotment from DOI in case of Private Company. And is it require to issue two different share certificates
Asad
18 October 2011 at 21:38
Respected Experts!
Time and again I used to hear company defaulting payments, now that I have started my own Logistics Business,and due to startup organization I am comparitevely very small.
My question is XYZ Co. was my client, after selling services on the agreed rates the customer is making me nearly to beg for my own money.
After requesting time and again the company paid 30% of amount and 70% still balance from last five months.
Indicating that they dont have enough funds for payments.
I dont know how to go about it .
Please can the experts guide me on this.
Thanking you.
Asad
lalhriatpuia
17 October 2011 at 21:06
whats are the difference of Joint venture, contract and agreement in the eye of law
Anonymous
17 October 2011 at 09:01
What is the difference between retiring from partnership and dissolving a partnership. Under which condition a partner can retire and under which condition a partnership can be dissolved.
Thanks.
Suchitra. S
17 October 2011 at 07:38
Respected experts, I want to know the extent of compensation that can be covered under consumer law. My client had booked bus tickets upto one place and then had arranged a Metador van to reach another place. There he had made arrangements for his stay paying advance payments for reservations. If there is serious deficiency in the bus service and thus he could not avail all the further services, can he claim compensation for the further payments he had made for his trip? Please provide case laws, if available and help.
Anonymous
16 October 2011 at 22:42
MOU was signed between the Govt and one pvt company for doing a joint venture business. but after the business was started and also came to learn that the prospect of their business is good, the pvt. company refused to sign the joint venture agreement as already agreed in their MOU... what will be the consequences and on what ground and law the Govt will sue the pvt company..is there any locus standi for the Govt?
Anonymous
16 October 2011 at 18:44
Experts should advice which is best to float a Company
1. Limited Liability Partner (LLP) or
2. Pvt. Ltd Company.
What is the differences between this two?
As the business increases , we will go for Bank Loans etc. so, which one is better to float a Company.
and one more thing, if we start a LLP company, can we use the word Company, after the name of the company. just like Golden Leather Pvt Ltd Company.
vishnukumar gandhee
16 October 2011 at 18:28
i post my query on 15/10/2011 in connection that i want to know that any third party who has no interst in this tranjection and his confirmation is not to stand as per law he takes cheque to give me promise that i give u back in two days so as per contaract law or any other concern law it is valid i want to take action against the operator he knows all things that he doing and he confessed the matter and aggreed the payment of half of the money the manger stongly decide that it is wrong he give him a advise it is wrong.
vishnukumar gandhee
16 October 2011 at 18:24
i post my query on 15/10/2011 in connection that i want to know that any third party who has no interst in this tranjection and his confirmation is not to stand as per law he takes cheque to give me promise that i give u back in two days so as per contaract law or any other concern law it is valid i want to take action against the operator he knows all things that he doing and he confessed the matter and aggreed the payment of half of the money the manger stongly decide that it is wrong he give him a advise it is wrong.
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Partnership deed
Hi..Dear Experts,
If anybody is having Deed of Partnership, pls send me on sunraj7@gmail.com.
Early reply will be solicited!!
Thanks in Advance.
Sandip Rahane.