Kushal
23 January 2015 at 12:58
An unlisted public limited company has its registered office at Kolkata. Its tax jurisdiction is also Kolkata. Now, the company wants to change its tax jurisdiction from Kolkata to Mumbai without changing its registered office address. Currently, the company has its administrative office at Mumbai. Can the company apply for change of tax jurisdiction from Kolkata to Mumbai based on its administrative office in Mumbai without changing its registered office from Kolkata?
Kushal
12 November 2013 at 17:06
Dear Colleagues,
I have drafted a gift deed wherein brother will gift his share in a flat to another brother so that the other brother becomes the sole owner of the flat. Kindly go through it and give your feedback and suggestion so that I can make necessary changes to it.
Thanks.
Kushal
12 November 2013 at 17:02
I am owner of a flat in Mumbai along with my brother having equal share in it. I stay in that flat and my brother stays in Jaipur. Now, my brother wants to gift his share of Mumbai flat to me so that I become the sole owner. He will sign the Gift Deed. However, he cannot come personally for registration formalities to Mumbai. Hence, he wants to execute a Power of Attorney in my favour so that I can act as his attorney and complete the registration formalities. Can he execute a POA in my favour in this case? If yes, then is my (attorney's) signature also necessary on the POA?
Kushal
27 June 2013 at 15:56
I own a flat alongwith my 2 brothers. However, entire payment is made by me. The proportion of ownership of each brother is not mentioned in the purchase agreement. Now, we wish to make some document on the basis of which I don't require the signature of my brothers at the time of selling the flat either before or after their death and there are no claims from their legal heirs. My brothers are ready to sign any document for this purpose. I do not wish to pay stamp duty for this purpose. Kindly suggest me a way by which this can be done without paying stamp duty.
Kushal
26 June 2013 at 15:37
I own a flat alongwith my 2 brothers. However, entire payment is made by me. The proportion of ownership of each brother is not mentioned in the purchase agreement. A partition has taken place between we brothers and the said flat has come in my favour. Now, we wish to make some document on the basis of which I don't require the signature of my brothers at the time of selling the flat either before or after their death and there are no claims from their legal heirs. My brothers are ready to sign any document for this purpose. Suggest me a way out.
Kushal
22 June 2013 at 18:34
I own a house property alongwith my 2 elder brothers whose names are mentioned in the Agreement as well as share certificate. However, entire payment is done from my bank a/c. I wish to remove my brother's name from the agreement with their consent so that in future, I dont require their sign/their legal heir's sign at the time of selling the flat. Suggest me a way out by which their names can be removed and the flat is in my single name.
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increase in authorized share capital by a small company as defined u/s 2(85)
My company is a private limited company. Since the share capital is Rs. 15,00,000 which is less than Rs. 50 lakhs and the profit for the last year is less than Rs. 2 crore, it fits within the definition of Small Company u/s 2(85) of the Companies Act, 2013. Now, I want to raise the authorized share capital to Rs. 1 crore. As per the Fees Table, a Small Company is liable to pay Rs. 2,000 upto share capital of Rs. 10 lakhs and Rs. 200 per Rs. 10,000 after the first Rs. 10 lakhs and upto Rs. 50 lakhs. However, since the revised authorized share capital would be Rs. 1 crore which exceeds the limit of Rs. 50 lakhs, I am confused if the company would be considered as a small company for this particular transaction or not. Accordingly, the RoC fees would vary. This is because a normal company has a different fees schedule and charged heavily, whereas a small company has exemptions due to which the fees charged is negligible. Hence, I want to know that what will be the RoC fees payable on e-filing of Form SH-7?