sanjiv batra
18 April 2009 at 16:37
DATED: 17TH APRIL’ 2009.
DEAR SIR,
ACCORDING TO COMPANIES ACT 1956, A PRIVATE LIMITED COMPANY REQUIRES MINIMUM TWO SHAREHOLDERS FOR INCORPORATION, WHEREAS A PUBLIC LIMITED CO. REQUIRES SEVEN SHAREHOLDERS FOR INCORPORATION.
LOGICALLY THEREFORE I UNDERSTAND THAT WHEN A PARTNERSHIP FIRM WITH TWO PARTNERS WANTS TO CONVERT ITSELF INTO A PUBLIC LIMITED CO. UNDER CHAPTER-IX OF CO’S ACT, IT MUST FIRST ENHANCE THE NUMBER OF PARTNERS TO SEVEN, ONLY THEN IT CAN CONVERT ITSELF INTO A PUBLIC LIMITED CO., BUT ACCORDINGLY WHEN A PARTNERSHIP FIRM WITH TWO PARTNERS WANTS TO CONVERT ITSELF INTO A PRIVATE LIMITED CO. UNDER CHAPTER-IX OF THE CO’S ACT, IT CAN DO SO WITH TWO PARTNERS ITSELF WITHOUT ENHANCING THE NUMBER OF PARTNERS.
KINDLY CONFIRM MY UNDERSTANDING URGENTLY.
ALSO TELL ME THAT WHAT WILL BE THE INCOME TAX IMPLICATIONS?
THANKS
SKB
sanjiv batra
18 April 2009 at 16:31
DATED: 17TH APRIL’ 2009.
DEAR SIR,
ACCORDING TO COMPANIES ACT 1956, A PRIVATE LIMITED COMPANY REQUIRES MINIMUM TWO SHAREHOLDERS FOR INCORPORATION, WHEREAS A PUBLIC LIMITED CO. REQUIRES SEVEN SHAREHOLDERS FOR INCORPORATION.
LOGICALLY THEREFORE I UNDERSTAND THAT WHEN A PARTNERSHIP FIRM WITH TWO PARTNERS WANTS TO CONVERT ITSELF INTO A PUBLIC LIMITED CO. UNDER CHAPTER-IX OF CO’S ACT, IT MUST FIRST ENHANCE THE NUMBER OF PARTNERS TO SEVEN, ONLY THEN IT CAN CONVERT ITSELF INTO A PUBLIC LIMITED CO., BUT ACCORDINGLY WHEN A PARTNERSHIP FIRM WITH TWO PARTNERS WANTS TO CONVERT ITSELF INTO A PRIVATE LIMITED CO. UNDER CHAPTER-IX OF THE CO’S ACT, IT CAN DO SO WITH TWO PARTNERS ITSELF WITHOUT ENHANCING THE NUMBER OF PARTNERS.
KINDLY CONFIRM MY UNDERSTANDING URGENTLY.
PLEASE TELL ME WHAT WILL BE THE INCOME TAX IMPLICATIONS?
THANKS
SKB
Ganesh
18 April 2009 at 16:27
One person was arrested U/s 307 of IPC he was granted bail on the condition that he has to attend police station every day. Now almost 3 months have passed. The lawyer informed him that once the chargesheet will be filed he wil not be required to daily go to police station. But Yet the charge sheet is not filed. My question is from when he will not be required to go to the police station is there any other remedy to the person.
GANESH
ranjithreddy
18 April 2009 at 16:19
i am a CA student,3 years back my father gave some money to a ST candidate to be as a worker at our fields due to non-compliance service by him(he is unable to return money) he gave his land pass book to my father.(11/2year back my father expired)so in that they gave us a paper as they will later,if they not repay we can ask them double to that money all this matter written in a paper which may not be leagally enforciable(say a note book paper) can we handover the land.I don't them till now so i'm unable to contact them can any suggest me how i can get land/money leagally through police/MRO
deepak
18 April 2009 at 16:01
Sir,
We are holding old ssi registration. Sir i want to know about the MSMED Act 2006, its short notes, benefits, forms, procdure, registration , MSMED - glance etc.
Pls share article / full details/ glnce on the above topic, I want to know the full information about the act. 2006
Thanks & Regards
Deepak
Ashutosh Choubey
18 April 2009 at 16:01
Dear All
Cheque deposited in SBI Patna branch under core banking for credit to the account of the company with SBI Ranchi branch. Cheque payment stopped by drawer. Cheque along with return memo returned by SBI Patna branch by registered post at the Head Office of the company situated at Ranchi.The cheque was given by the party for the services provided by the company through its office situated at Patna.
Now I seek your advice whether we shold file case under section 138 NI Act either at Patna court or at Ranchi court. Where the cause of action arisen.
Please reply with citations if any.
Member (Account Deleted)
18 April 2009 at 15:29
Can an advocate distribute visiting card?
what are the restriction upon visiting card of advocates?
what data can not be published in visiting?
Please tell me whether followint informations can be included in visiting card;
1. LLB, LLM, PhD
2. Civil practice, Matrimonial Dispute specialist etc.
Member (Account Deleted)
18 April 2009 at 15:06
One of my client (Building developer) want to sell 6 flat to diferrent purchasers on same day. Draft deef and all documents are ready. But they doesnt want to go to the office of the Sub-registrar. Want it(registration formalities) to be done at the premises.
Seniors please advise how I should do it? what are the steps involved?
sapna bhatt
18 April 2009 at 14:58
respectef concern,
i want to ask that can a religious prorerty like ancestrol temple can be sold?
plese suggest me
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FBT
FBT IS APPLICABLE TO pROPRIETORSHIP COMPANY ? OR IT IS BASED ON TURNOVER ?