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SATYA   22 July 2008 at 12:31

taxability over payment received from future plus plan of lic

My client received sum after surrendering policy of future plus of lic of india. The sum was received after 2 years. What I want to know is whether ths same is taxable or exempted u/s 10(10D. Advice me urgent

Bela   22 July 2008 at 12:26

Adjourned First AGM

The first AGM of the Company is to be held within 18 months of the date of incorporation. Is it possible to hold the adjourned AGM after the 18 months and if yes, when the Balancesheet and Profit & Loss of the Company to be filed with Roc within 30days of the adjourned AGm or the actual one.

Kindly advise

pornimashah   22 July 2008 at 10:58

Outstation Cheque Clearing


Hi All,

My husband has deposited a cheque of Rs. 2,500/- in Bank of Baroda Opera House, Mumbai branch on 07/02/2008 drawn on SBI, Mahad, Dist - Raigad PIN - 402301, distancing abt 150 km from Opera House. But till date that cheque is not cleared. Officer from Bank of Baroda, Opera House told us that they have sent the cheque for clearing on 08/02/2008 & now they can not do anything, we have to enquire abt this in SBI Mahad Branch.

We enquire abt this in SBI Mahad also but there wasn't good reply.

Wat can we do now? Is there any provision for clearing of outstation cheques. Can anyone pls provide me related information.

Thanks in Anticipation

bindia   22 July 2008 at 10:34

signature by lawyer

can a lawyer sign in green ink?

pornimashah   22 July 2008 at 10:20

Outstation Cheque Clearing

Hi All,

My husband has deposited a cheque of Rs. 2,500/- in Bank of Baroda Opera House, Mumbai branch on 07/02/2008 drawn on SBI, Mahad, Dist - Raigad PIN - 402301, distancing abt 150 km from Opera House. But till date that cheque is not cleared. Officer from Bank of Baroda, Opera House told us that they have sent the cheque fro clearing on 08/02/2008 & now they can not do anything, we have to enquire abt this in SBI Mahad Branch.

We enquire abt this in SBI Mahad also but there wasn't good reply.

Wat can we do now? Is there any provision for clearing of outstation cheques. Can anyone pls provide me related information.

Thanks in Anticipation.

pornimashah   22 July 2008 at 10:11

Urgent Query about Providend Fund

Hi All,

My mother in law is a working woman & now she is going to resign from her job. My query is..........

Management of her company says that she may resign but she will apply for withdrawl of PF only after two months after her resignation. I want to know that is there any specific time limit to apply for PF withdrawl? If so then pls send me circular any other documents related to this.

Thanks in anticipation.

Bharat Gala   21 July 2008 at 19:57

Is License under Indian Forest Act 1927 require ?

In Dadra (Union Territory) There is an existing Factory Producing Veneer,MDF Board, Particle Board, Laminates from Wood imported from various countries.
There is one order passed by Hon. Supreme Court in writ petition in 2002 saying "No State or Union Territoty shall permit any unlicensed saw mill, veneer, plywood industries to operate"
Now this order is meant for producing all the above mention items from wood of Indian Forests. But what about Wood imported from Abroad ?? Pls. Advice

D.R. VARMA   21 July 2008 at 19:03

Or. XXII, Rule 4, Sec. 128 Contract Act

Dear brother & sister advocates :

I filed a money suit against the principal borrower and three guarantors. The 1st defendant (prl. borrower) was represented by counsel and during pendency of suit, 1st def. died, but the said fact was never brought to the knowledge of either the plaintiff or the court (as per O22R10A) and the suit was decreed.
Basing on the decree, an EP was filed and in the said EP one of the guarantors filed an Application stating that the decree is a nullity because the suit has abated against all the defendants. This application has been dismissed and the matter has been carried in revision to the High Court and is pending.

What is the legal position :

In a money suit, does the death of the princiapal borrower remove the liability of the guarantors.

Kindly advise post haste and oblige.

D.R. VARMA, Advocate, drvarma1@rediffmail.com

Heaven 2011   21 July 2008 at 17:59

Companies Act

Dear All,

Kindly advise me whether a pvt. ltd. company can grant loans or advances to its shareholders though the company concerned has not booked any profit? Does Companies Act or any other law for the time being in force prohibits any such transaction?

Regards

Anil Kumar kamboj Delhi M-9650   21 July 2008 at 16:34

estimate when ADA job to be open in haryana

pls sir tell me that there is a presumption that within a few days vacancies for additional distt. attorney will be come soon opened by the goverenment .