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Anonymous   21 April 2010 at 13:44

capital transfer to partner's capital account

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

audit committee

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

Loan Recovery

Can loan be recovered from a married daughter is she still under heir under hindu law?

Anonymous   20 April 2010 at 16:23

authorised share capital

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

arbitration law

it is possible that the governing law is india nad the arbitration place is singapore

Subramani   18 April 2010 at 14:02

Payment not made against supply of goods

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

Guest   17 April 2010 at 13:27

Taking over a Proprietorship concern

Hi, Can u pl provide a copy of agreement needed to be executed for taking over of a proprietorship concern by an existing Pvt Ltd Company.

walia   16 April 2010 at 18:40

BOUNCE CHEQUE

i have to take Rs22,000/- from my client. He has given me a cheque but it gets bounce every time when i deposit it in Bank. it has happen twice.He everytime makes an excuse. Plz guide me. what legal action i can take against him?????
Thnx in advance.

Himanshu   15 April 2010 at 19:04

Notice u/s. 138 of Negotiable Instrument Act

One party has given cheque to us in January 2010 for Rs.100000/- which was dishonoured but no notice was sent u/s. 138. In February 2010 that party has paid Rs.30000/- by cheque which got cleared. Now total outstanding amount is Rs.70000/- for which party is not making payment. The cheque of Rs.100000/- which was given in January 2010 was with us. We have re-deposited same in March 2010 and it was again dishonoured. Can we send notice u/s. 138 and claim for Rs.70000/- which is actual outstanding amount as on today.

Please advice.

ansuman   15 April 2010 at 16:28

registration of an association

Respected experts,
Suppose a person is going to registered an association.Which authority will be registering the same.Whether registration of an association is similar to registration of society.
Which Act will be take into account/cosideration. whether its the society registration Act 1860?

regards,