I am practicing an advocate. My friend got dealership of Idea cellular as a sole proprietor of SSC cellular. In that I had taken 40 % share by paying the share amount. As per Idea company terms now no one can enter into that business as partner.
What is the better way to prepare deed between me (on my wife's name) and ssc cellular. Kindly send me the draft.
Guest
20 May 2009 at 12:11
As per the recent LLP (Limited Liability Partnership) Act, CAs, CSs and even advocates can form multi-disciplinary firms.
Is there any Bar Council announcement in this regard?
Tks.
Prashant
20 May 2009 at 09:22
If I take a locker with the bank and in case the robbery takes place in the bank and my locker is also robbed. So is it a duty of banker to take care of articles kept in the locker or even if the things are kept in locker bank is not responsible for such mishaps. If bank is responsible then how bank will settle my claims for damages because the bank does not know what I have kept in the locker. Similarly is there insurance for the same. Against whom I have to file complaint.
Thanks
BHAWNA
19 May 2009 at 12:30
What are the steps of estabilishing BPO/ Call center in India and which all laws are applicable?
Gaurav Aggarwal
18 May 2009 at 13:46
Hi,
RBI came out with a press release on April 08, 1999 inwhich it said that in order to identify identify a particular company as a non-banking financial company (NBFC), it will consider both, the assets and the income pattern as evidenced from the last
audited balance sheet of the company to decide its principal business. The
company will be treated as an NBFC if its financial assets are more than 50
per cent of its total assets (netted off by intangible assets) and income from
financial assets should be more than 50 per cent of the gross income. Both
these tests are required to be satisfied as the determinant factor for principal
business of a company.
Now my question is whether both these two tests (Assets and Income )should hold true for a company to qualify as NBFC or either one of them??
Secondly, does any fee income earned as a brokerage for arranging a loans qualify as "income from financial assets"??
Thirdly, does the fee income charged from an asset holder (lender) for servicing his loan (administering the repayments and helping in recovery) qualify as "income from financial assets"??
rgds..
Sekhar
17 May 2009 at 17:47
Hi,
I am planning to open a Website. And am stuck with below doubts. Could any of you please help me with these.
1. I am not planning to employ anyone else in this. i.e. I will be the only one working for this website. Do I need to setup a company for that and register it with RoC.
2. If I need to setup one, what is the procedure. Where can I find details of the procedures.
3. How do I take care of any copy right issues etc. Do I have to contact/hire a lawyer to take of these issues.
Thanks,
Sekhar
Dear sir,
i want a performa of contract with internal security agency in a school
purandhar
14 May 2009 at 18:19
one of our client asking MSMED certificate, what purpose they asking? what are the benifits under this act? how to apply it?
waiting for reply.
M.Purandhar
If a candidate passed law under the distance course will it be a valid one? will he get the same recognition?
Regards
Asish
Dishonour of cheque
Dear Experts,
I had granted a loan of Rs 3 Lacs to my one close relative (Brother in law) for meeting out his business needs. I had granted loan to him by issuing cheques in favour of third party (his business client) and in return my brother in law had issued me post dated cheque of Rs 3 lac as a security of the loan. Now this cheque has bounced and i want to initiate legal proceedings against him since he is not ready to pay, my query is :
1. Will the fact that i had issued a cheque to a third party on behalf of the borrower will have any impact on my standing in the court.
2. Since proceedings in indian courts are very slow, and it is quite likely to take 1-2 years at a minimum, Will court take care of the interest cost to be incurred by me from today till the date of final judgement and ask accused to reimburse me the same. What are the grounds for deciding this amount.
3. Will other expenses like advocates fee, legal expenses etc would be imposed on accused and reimbursed to me.
Thnx