Gitesh
21 July 2010 at 19:36
I want to filed annual returns of my companies last few years after the filling that I want to go with CLSS scheme which is launched by MCA. But unfortunately on MCA site there is no any CLSS scheme form available, there is only EES scheme form available. So please anyone have link or form of CLSS scheme then please mail me or give me link on following email address.
regards,
Gitesh
giteshgshah@gmail.com
Aparna S
20 July 2010 at 23:56
Does a parent company has to pass resolution for closure of subsidiary company? if so whats the procedure and under which section?
Please help me out.
Thanks & Regards
Aparna S
Member (Account Deleted)
20 July 2010 at 20:43
my client is a guarantor to an urban co-operative bank and the borrower is now dead. the bank is under liquidation. the property mortgaged with the said bank is of guarantor and its value is less than Rs. 20 lacs, which was the principal amount of loan.
now since the bank is under liquidation it is seeking to recover the whole amount from my client i.e. guarantor. the guarantor is ready & willing to deposit Rs. 12 to 14 Lacs with the said liquidator and in lieu of it wants to get his mortgaged property released. the liquidator is ready to accept this under the one time settlement scheme of RBI but he has two doubts which are troubling the onset of the said settlement :
1. Whether the one time settlement scheme, if any either of RBI or any other scheme of like kind, is applicable to urban co-operative banks ?
2. Whether the bank or any liquidator is legally permitted to liquidate the account below the principal amount. Is there any legal bar to acceptance of an amount as a full & final settlement of account below the principal amount ?
Praveen Kanungo
20 July 2010 at 19:26
A government company could not hold its AGM since the last 5 years due to non-completion of audit for 2003-04, due to which auditor for the next financial year could not be appointed by C&AG. what should the company do to regularies its working?
Can the AGM for all those years be held on single day?
How will the AGM be convened and held?
Whether there is any exemption to a goverment company for not holding the AGM on time and filing the annual forms?
thanks & Regards
Gaurav Agarwal
20 July 2010 at 19:05
Is valid to print on the back side of Stamp paper? It is generally seen that the back side of stamp paper is generally kept vacant by lawyers.
Anonymous
20 July 2010 at 12:35
respected sir,
just wanna knw is licensee required to be a real estate agent dealing in property ? is thr any prohibition frm gvt as such becos many agents say thr is no licensee in real estate agent , just thr is a membership no , so kindly guide for the same .if licensee is not thr than why do police ask question do u have alicensee? wht does it mean ?
if such a thg is thr than kindly gv me details how to get it i wanna apply for it .
regards,
Anil Kr Garg
20 July 2010 at 11:28
India is a power deficit country where almost all states of deficit in power supply position. Public sector monopoly companies are enforcing scheduled and non-schedules power cuts on consumers and yet, enforcing minimum charges. In my view, such minimum charges are completely unfair, because
1) The supply companies are short of power and hence, non-consumption of electricity by one consumer does not really entail any loss on the supply company,
2) The supply companies charge every rupee for providing power connection to the consumer, from providing new pole,to cables, to transformers, to Energy bills etc. Hence, they do not incur any cost in proividing a connection.
3) Even if some power supply co has surplus power, it can always draw that much power less from NTPC/Other agencies or even sell surplus power to huge no.of power thirsty companies in same/other states,
4) The issue of min.charges come when a factory is troubled, whether labour strike or financial difficulties etc. In normal times, min charges are irrelevant as actual power consumption is already more. In this situation, it is unfair for monopolies to further extort money from these helpless consumers.
Pls advise if there is a legal basis to convert into a PIL for challenging min.charges across the board for whole of India till India becomes a power surplus country.
Thank you very much.
N.selvaraj
20 July 2010 at 09:54
respected sir, our (ssi) comapany suppiled goods worth around 10 lakhs to a government concern. but till date they didnt paid. what are the procedures to get the money or to file a case against them ?
is there any special body acting in india for delayed payment? please help us ?
Basavaraj
20 July 2010 at 09:51
Dear Members need urgent help
My father has given a property (9000 s,ft) to one Company on monthly rent basis. He had executed a Lease agreement on 15-04-2007 for a period of 3 years till 14-04-2010,(un-registered) monthly rent payable of Rs.50000/- with Security deposit of Rs.1 lakh.
In the year 2009, August Month the Tenant Company has requested my father to reduce rent from Rs.50000/- to Rs.37,000/- due to recession of world economic. My father does not know the law he stays in Urban city, Kolar, Karnataka, without my notice/knowledge he has accepted the tenant Company proposal.
The fact is that the Tenant Company had taken this chance and executed (without terminating previous agreement) a fresh Lease agreement for a period of 3 years from 21-8-2009 to 20-08-2012, on monthly rent of Rs.37,000/- and got signature of my father, rather than executing Supplementary Agreement for reducing the rent.
My father was not aware of fresh Lease Agreement scenario, what he thought that this Agreement will be expired on 14-04-2010, that’s it.
My father approached the Tenant Company in the month of May 2010 to increase the monthly rent, but the Tenant Company still they are telling that they are still not come out from the recession and there is no income for them and not ready to increase the rent.
The Tenant Company is involving in wood and all kind of interior service. Nowadays they will be working till late night, due to huge order, I personally cross checked their personnel, they told me that the Company is going very good and increased their wages also.
Now my father has decided to vacate that Company.
Hence I seek learned members advise on how to gohead, as per both lease agreement 3 months notice period is there to terminate the lease agreement.
Can my father refer as per old lease agreement to vacate this said lease agreement? Or
My father has to refer as per fresh agreement to terminate the lease agreement?,
He wants to vacate the Company, please advise which is the best way to move on this issue.
Draft Termination or Vacate notice may be sent to me, because it is helpful for me and my poor father.
I feel that as per old lease agreement he could go-head.
Please need urgent help.
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