partnership deed

Dear experts,

Can the partnership deed given restrospective effect? plz clarify....

Rent control act of Tamilnadu

Rights and duties of land lord to put an agreement and issue rent reciept.If not got into agreement and issued reciept to tenent running business.for more than six years. Rent been paid promptly.If he is increasing the rent at the rate un predictable.Exorbitantly.What could be done by tenant to safe guard himself.

STOPPED PAYMENT

Dear sir,

As one of the party has purchased the items worth of Rs 40000/= in 2004 from us and he lingered on the payment to till date.
now he is saying that he only wants to pay 15000/=.
please let me know what should i do to get full payment.

unsecured business loan repayment

I had availed unsecured business loans from couple of financial institutions. The loans were used for expansion of business. From April 2009 our business deteriated and we had severe problems making the repayment. We had approached for rstructuring of the said loans. Now it has reached a stage where we will never be able to repay the current EMI. We never have any collateral to convert these loans into a secured loan. Should we hire an advocate and what wil be the outcome , because we feel once the maket corretion happens we will be able to make the EMI regularly.

Please advice.

Unsecured loan

Is there any service tax implication on a company lending money to another company, trust or any other person?

Can a Trust be formed for a Foreigh Beneficiary ?

Hi,

Can a Trust be formed in India with a sole Indian Trustee and a Foreign beneficiary ? The beneficiary is a minor and can get a court clearnace ( from country of his residence) for him becoming a beneficiary. The Trust formation is for a business purpose. Also , should the deed
be registered in India only ?

Thanks for your valued opinions

Shri

S.34 Petition before the Delhi High Court and District Court

undertaking of Loan by Bank

Dear Sir,

I took a Housing Loan against my property and submitted its original papers to the bank. which is separate from other loans running in the same bank. after some time,i got transferred my loan to another Bank and the same was under taken by it. that previous bank is now nethir release the papers of property to me, which I submitted to it for housing loan nor send the same to the bank which undertaken my said loan. what is the remedy for me.

undertaking of Loan by Bank

Dear Sir,

I took a Housing Loan against my property. which is separate from other loans running in the same bank. after some time transferred my loan to another Bank and the same was under taken by it. that previous bank is now nethir release the papers of property to me nor send the same to the bank which undertaken my said loan. what is the remedy for me.

Under what route a Holding Co can claim losses of Subsi Co

Financial of Company A
31/03/2008 31/03/2009
Share Holders Funds Amount Amount

Share Capital 88007100 88007100
Share application 13500129 89300000
Reserve and surplus -152348501 -161112162
Fixed Assets 11404007 7796689
Investments 4277 4277

Current assets 13971921 11248650


-25461067 35244554
Outside labilities

Unsecured Loan 59346484 0

Current Labilities 16874993 2854678

76221477 2854678

Net worth -101682544 32389876

Rs in Crores -10.17 3.24



Facts regarding the company

A was into the business as Quick Service Resturant and catering services starting from 1/4/2004 in the year 1/4/2008
A has changed it line of business limited to catering services only . The capital in the company was intodruced
by one of the group concern B which is holding more than 60% of share holding . However the balance share holding can
also be purchased by group concern B so as pulse may become 100% subsidary of B for merger purpouses . Company B can
continue catering business of pulse for next five years and keep the fixed assets intact for next five years as required for claming
losses


Year wise position of income tax losses
Time limit
Fy Year Assesment Year Loss Assessed for adjustment of losses
2004-05 2005-06 9134695 2013-14
2005-06 2006-07 23692370 2014-15
2006-07 2007-08 72306701 2015-16
2007-08 2008-09 66282482 under assesment
2008-09 2009-10 8861124 yet to be assessed


Under what route we should file a application before high court so as we can claim the losses