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Heaven 2011   04 February 2010 at 15:13

Dematrialisation of shares

Good afternoon respected all. I assist the legal department of a listed Company. One shareholder holding 300 eq shares of the company, sent Demat request form for 100 shares electronocally through ABC bank (say banker)to our RTA. However no physical share certificates and DRF were sent by the banker (the address of the Company was wrong in the Courier slip. later the copy of the slip was e mailed by the share holder. Clearly it was a mistake on the part of ABC Bank. The RTA is in need of indemnity bond and fresh DRF physically along with the share certificate. But it seems that the shar certificate is also lost by the banker and that the banker has not admitted. Now the share holder wants to take legal action against the company? Can they do so? can the Banker be held liable under any acts of India? if so kindly site the relevant acts name? Further is it possible to either demat or transfer only 100 share out of 300 shares held by the share holder?

Regards,

Asish Sil

Dadi Uma Mahesh   04 February 2010 at 14:12

Capital Account Convertibility

Can any Business Legal Expert explain me What is meant by Capital Account Convertibility policy of RBI? If Possible Please attach a Detailed Document which can explains the Same in depth.

Thank to all who would respond in advance!

Kapadia R M   04 February 2010 at 13:58

tax on die & plug in gujarat for outside gujarat cutomer

Please we have engaged in mfg of casting die & plug for redrawn alluminium tube, i have cutomers form outside guarat,i have query that when we want to preepare invoice how nmany tax on it ,it is service or sale ? i have use raw materils as well as technical sercices ,Please in which tax shedule affected for prepare invoice for outside gujarat cutomer.We not delivery die to cutonmer only send document to cutomer

Please guide to me

Rahul   03 February 2010 at 17:37

Consumer Protection Act 1986

Dear all experts,
I want to know that educational institute including university,deemed university covers under the Consumer Protection Act. 1986.Please reply.

Rahul Pareek

srlaksminarasimman   03 February 2010 at 16:13

buying machiery and entire process line

Respected friends,
A Comapny proposes to buy machinery and process line to be used in an industrial unit ( using batch process method of production) .The machinery and process line is going to be imported from Italy. Kindly inform me what is the procedure to be followed in the case of drafting the agreement /procurement contract with overseas vendor.
REGARDS
SR LAKSMINARASIMMAN

sneha   02 February 2010 at 11:54

list of applicable laws

Can anybody provide the list of all the laws and acts which are applicable to an IT Company.

Anonymous   01 February 2010 at 13:24

Leave & Licence

Where to Register Leave & Licence agreement in Pune?How much will it cost. And what is the procedure.

Anonymous   01 February 2010 at 12:10

EMPLOYER RELATED ISSUES

Madam / Sir

I would like to know the following:
(1) I was working in a managerial cadre for an employer for 7.5 yrs and I had to work about 1.5 to 2 hrs extra every day and also work on Sundays for a couple of hrs. I was not compensated for this though as per employer he took care of it in annual appraisal reviews. Is it possible for me to file a suit against the employer.
Please inform me through e mail
Thanks and regards

Piyush   31 January 2010 at 06:21

Stop Payment of Cheque

Hi....
one of my friend has stolen my 3 cheque from my cheque book. from one of them i have mentioned rs.225000/-but i didnt mentioned the drawer name on it and i didnt sign on it. my friend make my fake sign which is totally different from my sign. when i come to know about it i have informed my bank to stop payment of my stolen cheque and recived a letter from my bank. he gave me legal notice to me and replied him by my lawer. after that he came to my home and we settletd that he will not file a case agaist me and will tear all cheques. after that i dint lock at this matter after 1 and half year i become to know that he file a case agaist me and magistrate ordered for warrent agaist me. i have been bailed out and file a objection U/S 204 CRPC but megistate dined it. he file a case with language that i am taking a loan from my friend wife for a on 18% p.a. for the medical treatement of my father and will repay the same with in one month and will pay intrest seprateley.
what shound i do in that case....
plz provide me you valuable advice my next date is on 16th feb 2010

Swami Sadashiva Brahmendra Sar   30 January 2010 at 23:52

Arbitration

Dear friends,
whether a petition under s. 11 (4) of Arbitration Act, 1996 before the Chief Justice for appointment of arbitrator without notice to other party for appointing the arbitrator is maintainable?