Jayachandran
18 December 2015 at 10:08
My company is a fully owned State Government Undertaking wherein 70% of Share Capital is held bythe State Government and balance 30% by two State Government owned PSUS. The status of the company is 'private' and it cannot invite share capital from the public. Authorised Share Capital- Rs.20 Crore, Issued- Rs.18 Crore.
The company had received an amount of Rs.40 Crore from the State Government by way of budget allocation during 2014-15 as additional share capital. Pending steps to raise the authorised capital of the company to Rs.60 Crore, the above sum of Rs.40 Crore is shown as 'advance share capital' in the balance sheet for 2014-15. The auditor opines that the amount of Rs.40 Crore is application money and should be classified under 'current liabilities' in the balance sheet as per Schedule 3 of Companies Act 2013. Is the auditor's view correct considering the private status of our company and there being no liability to refund the share capital advance received from State Government otherwise than by way of shares which is held up due to the delay in raising authorised share capital to Rs.60 Crores?
Sudhir U Bandekar
18 December 2015 at 09:53
The Gift Deed is not adequately stamped and registered with concerned authorities, is it valid?what is the remedy to make it valid?
Sudhir U Bandekar
18 December 2015 at 09:43
can state government file review petition after a period of more than one year? it is to be filed within 30 day from the date order.
PRAVIN RAMCHANDRA SHINDE
18 December 2015 at 09:27
Sir, my friend gave me cheques and get bounce, cheque amount accepted on signed plain blank paper which is I got through register post with AD, its valid evidence in cheques bounce case.
Shalini Sharma
18 December 2015 at 08:37
Kindly help to suggest citations on conviction in civil contemp of court.
FACT ARE :-
In matrimonial dispute parties (husband & wife) went for settlement.
They signed the settlement deed. Husband gave his false undertaking in concerned court, (which is sessions court from which they went to mediation) but did not comply to conditions of mediation settlement. Now wife has filed the contemp case in concerned court.
Due to mediation settlement , husband got FIR/cases were quashed / closed by HC. Later wife got all the FIR/cases reopened/revived by HC.
Now she filed the contemp petition in concerned court.
Mayank
18 December 2015 at 02:02
Iss hookah parlour is banned in bihar?if no then please suggest me the right and perfect line for opening a hookah bar like license,leagal permises and etc.plzzz help me
abcdefg
18 December 2015 at 01:29
Can action of notarizing a document(text written on stamp paper) by notary be covered under registration act 1908 ?
Anonymous
18 December 2015 at 01:20
Sir i m little poor in english so i m saying in hindi....according to muslim law kya ek baar jo property kisi ko likh di jaaye wo cancel ho skti h.....agr jo insaan k naam p property h usme uske behan ka ya uske bhanje ka haq h ...kahin aisa law h kya...pls sir give me rply
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Obc certificate format in central government job
RESPECTED SIR,
I wanted to know that every institution is having different different format of obc (ncl)certificate , so do collector office will issue me obc(ncl) certificate in every format. or is there any standard format of obc(ncl)certificate.