Decode Ballistic Reports Like a Pro. Register Now!
LCI Learning

Share on Facebook

Share on Twitter

Share on LinkedIn

Share on Email

Share More

prem nath paliath   09 October 2010 at 18:22

15Y of SEBI

my client invested some amount with a sub broker to purchase shares. there was some fraud by the broker and complaints have been registered against him with the crime branch by the affected parties. the broker says one of his employees swindled the money. now he has filed civil suits in the local munsif court against my client along with his employee for defrauding him money.does Sec 15Y of SEBI bar the cases. my client filed complaints against the sub broker with SEBI but no response so far.he made complaints to NSE but they say they cant take action as the matter is sub judice. please advice. my email id is premandassociates@gmail.com. if sec15Y applies please provide some latest rulings in this regard

Anonymous   09 October 2010 at 14:41

taxation

my client had enter into a contract to perform certain work to be completed in 2 yrs. principal employer will pay amount per month as per work done.my client had completed the work before stipulated period.But principal employer while making monthly payment deduct @1% as LABOURE CESS on every bill amount.
CAN HE DEDUCT THE SAME?
If YES UNDER which provison?
If NO what's the remedy for my client?

Anonymous   08 October 2010 at 20:29

Negotiable instruments Act

Whether Income Tax refund order is a Cheque

Bobby   08 October 2010 at 17:08

Order from ABC bill to X. Y. Z

We have received a work order for a project from ABC company.

Now we received a letter from ABC stating that

Ø Bank Guarantees for advance / performance is to be issued in the ABC

Ø Invoicing is to be raised on the four subsidiary / associates companies of ABC ON Pro rata basis:

W Ltd. 20%

X Ltd. 20%

Y Ltd. 50%

Z Ltd. 10%

Now do we need separate orders from these companies or the letter from the holding company is sufficient.

Plz give your valuable opinion.

Sanjay Mukherjee   08 October 2010 at 15:52

companies bill 2009

What are new provisions vis-a vis companies act, 1956

Anonymous   07 October 2010 at 20:22

Partnership act,1956

Can an individual and other partner representing his firm, or between Limited Company or a Pvt. LTD. Company form a Partnership firm?

jayesh ahire   07 October 2010 at 15:44

Classification of Directors shareholding

An Non Executive Director who is not independent and he is not the promoter of the Company holds 5% of the paid up capital of the company. Whether his holdings be classified in promoter group or Public shareholdings?

Under what circumstamces his shareholding can be classified in public shareholding??

Mugundhan   06 October 2010 at 12:56

Arbitration

Dear Experts, in a petition filed before the court, to set aside an arbitration award U/s.34 of the Arbitration and conciliation Act, whether the arbitrator should be added as a party?

Ajay   05 October 2010 at 21:53

cheque bounce case

i got a cheque from a party and cheque was bounce,we issue notice to him,he replied to notice also,but later on he change the stand that i m not partner of company and cheque is also not signed by me,it is his brother sign where as we have not made his brother as accused.
case is running since 1999,he offered me 50% money but i refused to accept.now they r protesting,they try to produce bank official for proving that signature is not his but in cross bank official got nervous and did not reply,

Anonymous   05 October 2010 at 12:33

Arbitration clause is mandatory in the agreement?

Let us know that Arbitration clause is mandatory in the agreement.

if not, under which Act it has been stated.