A private ltd company which is registered in 1990 specializes in repairs /servicing &
manufacture of spares for turbines. One of the four promoters is the chairman of the company
as the remaining three passed away. The paid up capital of the company is Rs.2,05,000.
The free reserve in p/l A/c as on 31st march 2008 is Rs.24,00,000. The company does not have
any immovable fixed assets other than regular Plant & Machinery. The company is running its
business in a factory land & buiding on rent which is owned by the chairman of the company.
The estimated market value of this land & building is Rs.2,00,00,000. The current turnover
of the company is around Rs.1 Crore. The company has very good potential in improving its
turnover to Rs.10 to Rs.15 crores in the near future. The company is in need of funds for the
expansion. The company has only overdraft facility of Rs.75,00,000. There are investors &
other financial institutions to fund the growth but looking at the financials they shy away
indicating that the promoter's contribution is too low & the company does not have any
immovable properies.

Can we issue shares for obtaining the technical know how developed by the earlier directors

Dear all

I am looking for information about Cooperative societies accounting. where can I find complete info on that. and also is there a limit on the amounts to be transfered to general reserve for cooperatives? Is there a limit on the payout to members in cooperatives pls pls help me

i am student of pcc and my attemt is nov,2009.i want ask you what is actual period serve by me in articlesheep traninig at the pcc level .and my traninig started 17-12-07 ,iwant ask u what is date of my complition perid of article sheep for pcc level.what is relaxation period

pls tell me the procedure of privote table in excel. how to make it & other function usefull for budgeting

What is a letter of comfort? pl explain with an example.

What is a letter of comfort? pl explain with an example.

What is a letter of comfort? pl explain with an example.

Do Any on tell me the color of dress and other appearal to be wear while appearing in campus.

Thanks

if a girl has US Citizenship and married in india a business family. and she is in india on tourist visa. can she work in india in any capacity like employement in any company. if she want to work in india or join the family business in director capacity, what should she do. pl answer this query on urgent basis with all rules and regulations.

Dear all,

waht are the accounting entries for PF both employees' contribution and employers' contribution