FEMA

An advance from foreign company has been received in India against export of service.But the service has not been rendered within a period of one year.

what is the implication under FEMA and penalty if any?

Can the advance be treated as ECB.

Grateful, if you could respond citing the section no. or notification no./ circular no.

Corporate Law

A Private Limited Company with Rs.10 lakh authorised Capital,
Issued & Subscribed Capital is Rs.1 lakh.
It has a share Application Advance of Rs. 20 lakhs.
It is to repay its Share Application Advance now.
Is the resolution passed in the Board Meeting of the Directors is enough for such repayment?
Will the amount carry any Interest?

performa for filing trade mark in delhi

kindly tell me the performa with office adress for filing trade mark

consortium agreement

Companies act

Dear All

Say X is a Pvt Ltd co. and accepts the money from Y Pvt Ltd. Y Pvt Ltd is showing it as an ICD and X Pvt Ltd is showing as a loan.
No agreement has been entered into between the 2 companies for this money. Now my question is whether it is a ICD or loan.
If we say it is ICD then the Pvt Ltd co. is not allowed to accept deposits from outsiders u/s 3(1)(iii)(d)
So how to prove that this is not ICD but it is a loan. It was carrying interest @ 12% p.a.
So what are the characteristics of ICD & Loan by which we can discriminate these two & prove that it is not deposit but it is loan.
Are any other provisions applicable for such transactions under companies act & whether any violation is made
Kindly guide
Thanks in advance

surrendering MVAT registration

Dear Sirs,
We registered for VAT in Mumbai,Maharashtra.
We now wish to surrender our registration.
Kindly let us know the procedure, and a proper site from where we can download the necessary required forms.
Thanks and with warm regards.
Dr.M.F.Khan
Pisho Enterprises

date of partnership deed

I want to know what is the legal standing in case of a registered partnership deed where the date of the partnership deed is before the date of the stamp paper used can anybody clarify on the same , this pertains to chennai

Certificate of paid up capital

Respected experts,

our company wants to buy/rent a house for the purpose of company accommodation. The owner of the house has asked for a copy of the paid up capital certificate of our company. The company is a pvt. co.

Please advice if the paid up capital certificate is required or only articles of association will be enough for the above mentioned purpose.

Cheque Bounce

Dear All,

I have an problem with my customer. I have delivered some goods to him & recd. cheque against that delivery. But now cheque has bounce & customer is not giving any positive reply.

Can anyone please advise me what step i should take against him. Where can i file complaint for cheque bouncing & is it worthfull or i have to take loss for the same.

Please help

Regards

Deepak Maheshwari
+91 9891006006

Private limited company and limited company

What is the basic difference between a private limited company and a limited company? How a pvt ltd co is formed and how a limited co is formed?