s.v.goplani
23 April 2010 at 11:13
Sir, Whether good will of firm (having 4 partners) is capital receipt in hands of individual partner ? Under what Section? please provide any case law or reference. Thanks.
Anonymous
22 April 2010 at 19:18
Are loan documents executed prior to introduction of these acts covered under these acts?Has this issue been settled by the apex court?
Anonymous
21 April 2010 at 14:19
Do the above acts have retrospective effect on old loans prior to introduction of these Acts?Probably we would not have borrowed if these acts were prevailing then.Now suddenly the banks have been so aggresive needlessly by virtue of these one sided laws that it is impossible to counter them.Has this issue been settled by the Apex court?
Anonymous
21 April 2010 at 13:44
MY FATHER PASSED AWAY ON 2.09.2005. WE WERE PARTNERS IN THE FIRM. HIS WILL IS REGISTERED IN MY FAVOUR. OUR C.A. CALCULATED INTEREST OF MY FATHER’S CAPITAL TILL 1.09.2005 AND SUGGESTED US TO MAKE ACCOUNTING ENTRY ON 2.09.2005. I TRANSFERRED HIS CAPITAL AMOUNT TO MY CAPITAL ACCOUNT ON THE SAME DAY OF DEATH. OUR CA MAINTAINED MY FATHER’S ACCOUNT AND PUT THIS ENTRY ON 2.09.2005.
IS THIS LEGAL???
vikas khadria
21 April 2010 at 12:41
sir, can you plz let me know whether sec 292A is applicable for unlisted public Ltd co. having paid-up of above 5 crores.
thanks
mail me at vikas_khadria@rediff.com
Anonymous
20 April 2010 at 19:55
Can loan be recovered from a married daughter is she still under heir under hindu law?
Anonymous
20 April 2010 at 16:23
Sir ,
I want to know a company limited by share can be incorporated without mentioning the authorised share capital amount in its Article of association
sneha
19 April 2010 at 16:00
it is possible that the governing law is india nad the arbitration place is singapore
Subramani
18 April 2010 at 14:02
Mine is a proprietorship firm. I have supplied chemicals to a pvt. ltd. firm during the year 2004-05 and 05-06. As the said company defaulted in payment, I stopped supplying chemicals from April 2006. The outstanding at that time was around Rs 7.5lakhs. The company paid back around Rs 2.5lakhs in bits and parts thereafter till november2009 and then stopped paying completely.
I have sent them a notice through an advocate but they replied back denying the allegation. I now intend to go to court but I have lost most of the supply challans which is the proof of delivery. The only proof would be their balance sheet. I am sure my outstanding must be reflecting in their balance sheet. Please let me know how should i proceed further and whether i should file the case against them. Thanks
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Part IX Companies Act, 1956
Is there any requirement in the Company law or else where that for conversion of partnership firm into a company, the firm should be six months old and it should have a minimum no. of 7 partners. If yes, where it is?