Prashant
27 July 2009 at 15:55
1.A Ltd was formed in Jan-08 but till today no certificate of commencement of business is obtained.
2.The subscribers to the MOA & AOA are 10 members out of that one is listed ltd company named as X Ltd.
3.X Ltd is subscribed for 99% of A ltd
4. But till today none of them has paid share capital.
Following queries are raised-
1. X Ltd has not paid a single rupee towards the share capital of A Ltd. Still will A Ltd be treated as subsidiary of X Ltd for the year 2007-08 & 2008-09 merely because it is a subscriber to MOA & AOA. Further A Ltd has not yet obtained certificate of commencement of business. So in that event can it receive the share capital, can it open a bank account.
2. Can A Ltd ,subscriber to MOA & AOA refuse to pay share capital to A Ltd if yes then what is the remedy available to A Ltd for getting share capital.Can it receive from any one else.
Thanks in advance
TRIBHUVAN PUROHIT
27 July 2009 at 15:45
As stated in subject, please let me know about complete details of powers u/s 319 & 482 specially mentioning when & where these sections are used.
Awaiting reply.
Thanking you,
TRIBHUVAN PUROHIT
ad. creaminall
27 July 2009 at 15:43
on behalf of Accused >>> a criminal complaint filed against the accused and charge framed for abetment, fraud, forgery, cheating etc. after more than 3 years pp. filed an application for alteration of charge framed against the accused. court has reframe charged. can amagistrate has a power to reframe the charge of the application of alteration the charge? or can a magistrate has a power to reframe the charge with or without anay application?
Diana
27 July 2009 at 15:01
I want to change a partnership firm into a private company. I want to know that is there any provision under the Income Tax act or any procedure in the said act for such transfer which is tax beneficial?
HARPREET SINGH
27 July 2009 at 13:25
Dear Sir,
I had booked one flat in Vian Infrastructure in Neemrana for 120yards in year 2006 & paid 50% of total amount equalling 1.39 lacs. Then after, i decided to quit the plot & discussed with the builder VIAN Infrastructure for refund. The builder has asked for the payment slips & handed over to me a cheque of rs 1.39 lacs after 6 months of cancellation for the month of Nov'08. This cheque got bounced for the reason that acoount blocked. Thereafter approache VIAN INFRASTRUCTURE for my payment 7 they have given me a new date in Feb'09 for collecting my money in 3 installments of rs 50000, rs 50000 & rs 39400 in the month of February with different dates. they have given me this statement on their letter head duly signed but till now I have not recvd any DD or cheque from VIAN INFRASTRUCTURE. every time I rech them, they are either giving me new date verbally or now they ae telling that company do not have funds at this point of time.
I REALLY DONT KNOW WHAT TO DO IN THIS CASE? IS MY MONEY GONE? OR HW CAN I GET THE MONEY BACK LEGALLY?
PL SUGGEST.
HARPREET SINGH
27 July 2009 at 13:23
Dear Sir,
I had booked one flat in Vian Infrastructure in Neemrana for 120yards in year 2006 & paid 50% of total amount equalling 1.39 lacs. Then after, i decided to quit the plot & discussed with the builder VIAN Infrastructure for refund. The builder has asked for the payment slips & handed over to me a cheque of rs 1.39 lacs after 6 months of cancellation for the month of Nov'08. This cheque got bounced for the reason that acoount blocked. Thereafter approache VIAN INFRASTRUCTURE for my payment 7 they have given me a new date in Feb'09 for collecting my money in 3 installments of rs 50000, rs 50000 & rs 39400 in the month of February with different dates. they have given me this statement on their letter head duly signed but till now I have not recvd any DD or cheque from VIAN INFRASTRUCTURE. every time I rech them, they are either giving me new date verbally or now they ae telling that company do not have funds at this point of time.
I REALLY DONT KNOW WHAT TO DO IN THIS CASE? IS MY MONEY GONE? OR HW CAN I GET THE MONEY BACK LEGALLY?
PL SUGGEST.
Abhishek
27 July 2009 at 13:08
US company,who registered their trademark and patent in USA and not in INDIA can license their rights to Indian company as "registered user"
mahesh
27 July 2009 at 13:06
What is the limitation period beyond which a chit fund company cannot claim the unpaid subscription amount from a defaulting subscriber. does the law of limitation apply in this case
TRIBHUVAN PUROHIT
27 July 2009 at 13:02
Can one seek relief U/S 482 even though cross started in magistrate`s court
Awaiting reply.
Tribhuvan Purohit
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Ceiling Act--Taking over the Land.
Dear Friends of Forum,
Thank you all for Guidance provided by the Expert of the forum to people like me.
I have the following problem kindly Advice me what is to be done.
Our family had received a notice from Urban land ceiling Authorities under sec 8(1) of the Act, And the reply was given to the Authorities stating that the lands were actually used for Agriculture.
And the case is pending in the "COURT OF COMMISSIONER,APPEALS OFFICE OF THE CHIEF COMMISSIONER OF LAND ADMINISTRATION, ANDHRA PRADESH, HYDERABAD".
Mean while the ULC Act, was repealed in the state of AP from 27-03-2008,And our case was pending with above said Authority.
On 10-03-2008,SPECIAL OFFICER & COMPTENT AUTHORITY, ULC; Without issuing notice/s, without our knowledge and without visiting the site/s,Just sitting in the office had conducted panchanama on 12-03-2008(?),and written ( in their records, this fact we came to know through WEB ) that the lands taken over as ceiling surplus land/s.
Here i have proof that files were not disposed off, by the Competent Authority (Authority, as detailed in the 1st para above)and the case is still pending with the competent Authority.
Under the above situation, i need your URGENT Solution / Advice please.
Thank you all in Advance.