phani
30 December 2010 at 19:40
Dear sir,i have a one doubt about , what is the remedy for non payment of matured bonds by the government and private companies? which laws govern this issue? and what is the governing principles for issue bonds?
Anonymous
30 December 2010 at 14:02
SIR,
WHAT ARE THE PROPER PROCUDERES FOR STARTING A TOUR COMPANY IN KERALA.
WHAT ARE THE TAXES AND THE EXEMPTIONS?
KINDLY ADVICE
Anonymous
29 December 2010 at 17:06
I an authorised agent of LIC of India and want make a MLM company for business promtion. i want no that thare are required any registration in any law and waht is prosess.
and know that insurance agent (Individul) can distribut his commission to another for business promosion in cash or in kind of cash.
Thaks,
Ramavtar Sahu
tisa
28 December 2010 at 16:04
I have a doubt in connection with the formation of a company.
I with other two people started discussion about starting a company. We had discussions of starting a educational business and shortlisted some name and given it for approval of MCA and these names have not been approved. By this time I decided to backout due to some personnel reasons.
After that other two continued this discussions for starting a construction company and they have applied for a name for this business. But they forgot to remove my name from the application which was forwareded by a chartered accountant. Now the name of this company is sanctioned and when it came to incorporate it is noted that my name was there in the application.
Now this CA have advised to get a NOC letter from me stating that " I was a co-applicant for this name but due to some personnel problems I canot join this company and continue in this company. I have no objection in other two promoters continuing with this name and company"
But for me I was not a part of the discussions when this new business(constuction company) was discussed and name was proposed. So is it ok to say that "I was a coapplicant for this name" which is not true. Will there be any other legal issues in future as I am presently employed in a private firm?
kindly advise me..
Anonymous
28 December 2010 at 16:01
I with other two people started discussion about starting a company. We had discussions of starting a educational business and shortlisted some name and given it for approval of MCA through a Charterd accountant and these names have not been approved. By this time I decided to backout due to some personnel reasons and this educational biz discussions were stoped.
After this other two continued discussions for starting a construction company and they have applied for a name for this business. But they forgot to remove my name from the application which was forwarded by a chartered accountant. Now the name of this company is sanctioned and when it came to incorporate it is noted that my name was there in the application.
Now this CA have advised to get a NOC letter from me stating that " I was a co-applicant for this name but due to some personnel problems I canot join this company and continue in this company. I have no objection in other two promoters continuing with this name and company"
But for me I was not a part of the discussions when this new business(constuction company) was discussed and name was proposed. So is it ok to say that "I was a coapplicant for this name" which is not true. Will there be any other legal issues in future as I am presently employed in a private firm?
kindly advise me..
Regards,
tisa
Raghavendra M K
27 December 2010 at 22:38
sir i am a former. my nieghbering former bought a housing loan of 1 lack rupee in a nationalised bank. he mortagauged his 28 guntas of garden land worth 3lack rupee and paddy feild of 28 guntas worth 1 lakh rupee.and total income of this party is aproximatly 75 thousand. this loan was bought five years back up to today he not returned single ruppe to the bank. loan term is 10 years.I am gurenter for this loan. how can i get safe from this clucth of bank and borower. what is my respoonsibilty? what can i do if he not pays the loan?
can i get any legal solution for this?
please help me
Debashis Mandal
27 December 2010 at 18:45
Respected Experts
If we apply for a company name approval to ROC through Form 1A & such - we also chacked the name availability in ROC site & also we given all the required details whatever is needed for name sellection like - name significance & object of the co - but ROC is not giving that name then is there any superior authority to whome we can apply for name approval.
Pls. reply soon
thanks
Debashis Mandal
Anonymous
26 December 2010 at 23:17
dear sir,
i wants to know clear about Indian depository Receipts , Global depository receipts and American depository receipts . their functions and duties , issuing bodies and governing authorities , differences between these three especially IDR and ADR's procedure functions .
let me know please ,
thanking you sir
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Can the company obligate me for the payment?
I am a freelance translator and provide my online translation services to some worldwide translation agencies/clients. In addition, I recently started my translation agency too. And to get translation business I signed a contract with a Netherlands-based company. As per the contract The said company provide business leads. Each leads has the details of the prospective client (as contact numbers & email IDs). Company has a condition that it will charge a certain amount for each lead.
After receiving the leads from the company I sent my business offer to the potential customers. But I got only two replies. In the first reply the potential client was telling himself a translator and willing to provide his translation services to my agency. And in the second reply the client was saying that he want to learn a language. While my agency provides only translation services. So I could not do any business with anyone. While as per the company leads they all were prospective clients.
Now the company is asking me payment in lieu of those leads. I have to pay total 980 Euros to the company. The company has sent me two invoices for the two months respectively. When I did not pay the outstanding amount. The company stopped the services. Now the company is reminding me for the payment again and again. While I am refusing to pay saying that no lead was materialized. My financial position is not so good to pay such a huge amount of 980 Euro.
Finally the company has given this case to an India-based credit Recovery Company. This company has also asked me twice to pay its client and I am helpless to pay
; (1) because I could not make any business. .
(2) My agency's financial situation is also bad. I have recently started business.
Now I want to know can the company legally obligate me for the payment.