Iqbal Singh
26 December 2009 at 21:51
I am NRI ( non resident indian)living in Kuwait sine many years. I applied and got a NRI quota Industrial Unit- Plot of land for a factory in RIICO- Bhiwadi. I paid full payment for the plot a few years ago. As per terms I was supposed to finish construction and show production from factory. I did not construct nor show any production. RIICO penalised me for the delay and gave me 45 days time to construct and show production from factory.
My query is " how can I obtain resonable time to construct and show factory with production of AUTO parts.
as I am living in Kuwait and a heart patient, I need advise on how to avoid the cancellation of the PLot as threatened by RIICO.
I await good advise and help in this matter. I will come to Delhi and RIICO in january 2010.
Iqbal Singh
26 December 2009 at 21:47
I am NRO living in Kuwait sine many years. I applied and got a NRI quota Industrial Unit- Plot of land for a factory in RIICO- Bhiwadi. I paid full payment for the plot a few years ago. As per terms I was supposed to finish construction and show production from factory. I did not construct nor show any production. RIICO penalised me for the delay and gave me 45 days time to construct and show production from factory.
My query is " how can I obtain resonable time to construct and show factory with production of AUTO parts.
as I am living in Kuwait and a heart patient, I need advise on how to avoid the cancellation of the PLot as threatened by RIICO.
I await good advise and help in this matter. I will come to Delhi and RIICO in january 2010.
Anonymous
26 December 2009 at 20:51
Hi,
I run a partnership firm with 2 others and am stuck in a sticky situation where one of my partners has been involved in frauds and what to ask him to leave .However do not want this to cause any obstruction in the working of the company.
He has not signed the partnership deed with us.
However his name is mentioned as a partner in the IT files.
Can he claim anything from the company or obstruct its working.
sandeep kumar
26 December 2009 at 16:24
Plz tell me
1.what is the limitation for arbitration in a contract .
2.From when it should be calculated. from date of cause of action arose or from date on which court ordered to go for arbitration.
RAVI ARORA
26 December 2009 at 16:05
we will be making a JV co. with a foreign partner . Indian co. will have a stake of about 80% .It has been decided that the foreign co. will not pay cash for its part of investment in the JVCo. and they will contribute through licensing of IPR rights . Now while issuing shares to them , there will be valuation issue . We shall be filing form 2 with ROC (allotment of shares without consideration in cash ). Apart of the valuation issue is there any other issue of FDI involved in this transaction .Can I solve the issue of valuation by License agreement and make the issue of shares at par .regards
ravi arora
J K Agrawal
26 December 2009 at 14:28
An Indian firm advanced full amount to a foreign supplier of England. He sent goods after 6 month of scheduled time and the goods is of very poor quality.
What is remedy. where and which court has jurisdiction. By which act the matter is governed?
Anonymous
25 December 2009 at 18:41
Sir, i want to know about partnership registration procedure.
(1)Detailed Partnership Registration procedure in Maharashtra state
(2) Which Form have to be used?
(3)How much registration fees will be applicable today?
(4) any other guide on related matter
Anonymous
25 December 2009 at 10:46
One of My Client ( S M Afzal ) in 1994/1995 has invested in Golden Forest India Limited .Under Guarantee cum Performance Deed dated 29-3-1995 the said com issued a posted Cheque for Rs;- 1,02,000-00 in favour of my Client for the Unit repayment , the said Cheque is retunred un paid for the reason that the Accout is closed / Transferred .
I request learned friends to advise my client and calrify on the following points ;-
1 Is there any approved repayment scheme in respect of the said comapany - Repayments
2- The Cheque dt;- 3-8-2009 drawn on State Bank of patial Panchakul is retunred un paid which was issued to my clinet along with Guarantee cum performance Agreemetn dated 29-3-1995
3- What is the course of action on behlaf of my client for recovery of his due amount form the said company - Regd Office 834 Golden House Manimraja ( UT) Chandigarh
Thanks in Advance to all the experts
rashmi singh
24 December 2009 at 11:05
We are a private limited company and our activities are marketing medicines in our own brand names and our firm has been in operation for around six months now.
Before incorporating our company we did a tradesearch for our name and it had come out clear and so we went ahead with this name and also applied for trademarking.
Now after six months of doing business in this name we have found tthat another big pharmaceutical company has a DIVISION with the same name as ours (in operation before us)and they are also marketing some of their products uunder this name..the only exception is that the brand name of their products and our products is entirely different(Brand names are more imp in the pharma ind as medicines are known more by their brand name than the company marketing them)
Now my question is can the other pharma company sue us for marketing medecines under a similiar name as one of their divisions? We had chosen our name in good faih and was not aware that this division existed and while the parent name of this pharma giant is well know, this particular division is not very well known and was not even listed on their website.
Please let me know if the pharma company has any grounds for suing us and asking for compensation in this regard??
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purchase of sole propeitorship
sir
plz tell me how to takeover the business of sole propeitorship in following situation
we have a business as sole propeitorship the owner of which is mr. A and he has formed a pvt company with his friend to do the same business now what procedure should we follow to acquire the business of sole propeitorship which would attract less formalities and tax