Corporate Law queries [Resolved] [342]

Anonymous 02 September 2011 at 08:32

Sale of crenditial

IS IT POSSIBLE THAT CREDITIAL OF X COMPANY WILL BE PURCHASED BY Y COMPANY? IF YES THEN WHAT IS THE PROCEDURE OF THIS.

CS Usha Nimesh 01 September 2011 at 15:04

Purview of section 297 of companies act 1956

In my case there are two companies,
Co. A a public co. having paid up capital of more than Rs. 1 crore
Co. b a pvt ltd co.
both A & b have common director and shareholders and Co.A wants to enter into an agreement with Co.b for giving its manufacturing work on outsource basis.

Now do Co. A need to get Central Govt prior approval under section 297 of the companies act 1956 before signing such agreement.

Continue

Anonymous 01 September 2011 at 14:25

Opinion required

Please suggest me that whom should i contact to seek legal opinion for discussing the case of sexual harassment and mental agony in work place.
Note that I am here talking about the other side of the coin where a female is taking advantage and falsely accusing her senior male colleague of Sexual harassment and mental agony.

Continue

Ritambhara 01 September 2011 at 11:15

Corpaorate

whether the conversion of preference shares into equity shares in the PVt.Ltd Company has any impact on repatriation of money issues overseas under the FEMA Act

Continue

Manisha Sahu 31 August 2011 at 12:58

Company law

Can the experience of a shareholder be regarded as experience of the company & How??

Continue

Anonymous 31 August 2011 at 12:10

Fixation of reserve price by hc for auction under sarfaesi

Dear Members,

I seek a legal opinion on the following.

The CC account of our client has become a NPA and the bank has taken action under sarfaesi.

The reserve price of the property has been fixed at 50 crores by the bank.
We went to HC and after arguements by both sides the court appointed a valuer.
The valuer fixed the reserve price at 100 crores.
The bank called for bidders twice in news paper ie 1st call and 2nd call.

Now the bank has approached the HC once again to review the reserve price to 50 crores.

Can you please guide me as

1. What would be the likely judgement of the court.?
2. Are there any case laws for reviewing the reserve price? like how much the court can reduce?

thanks in advance

Continue

Sushil Kumar Sharma 30 August 2011 at 13:00

Definition of packaged commodities

Dear all experts,

Please suggest me the definition of Packaged commodity.
Whether pieces of Fabrics comes under the Packing Rules.

Thanks in Advance

Continue

Punit Gupta 29 August 2011 at 20:38

Contract act

If Mr. A requests Mr. B to sell and deliver to him goods on credit.Mr. B agrees to do so, provided, Mr. C guarantees the paymentof the price of the goods. Is this the sufficient consideratipon for Mr. C's promise and is this arrangement a valid contract of guarantee?

Continue

atul 29 August 2011 at 16:38

C form not getting

Dear Sir

Our one dealer not ready to give C Form after so many followup, what we do now?

Continue

Anonymous 29 August 2011 at 12:55

Legal compliance requirement for opening shop or restuarant in mumbai

dear experts, please provide details of legal formalities and compliance requirements for starting a garment shop or opening fast food joint in mumbai suburbs.

thanks.

Continue