Sir,

I have a friend whose mother has passed away. She has 3 legal heir. In her will, she mentioned that the property share to be given by the nominee should not exceed Rs 15 lacs and the other 2 legal heir will sign the receipt before the receipt of the payment in the court. She had bank accounts for which she has nominations as well. My question is is as follows

1. In case of property, each legal heir has 25% share. In case the property market price sale is 1cr,each one is entitled for rs 25lacs.how can rs 15 lacs be binding in that case? Can this be contested.

2.for bank account, will the nominee share the proceeds with the others as in property or are they entitled for 100% share

3. In case of a dispute, can the legal heirs make a MOU or Moa which is legally binding.

Pls assist

I am 40 years old living with my wife and 2 children. My mother (76 yrs old – patient of arthritis, BP, Sugar, Skin disease and cannot walk for a short distance without the help) and sister (55 yrs old – divorcee – psychiatric patient) are wholly dependent on me from past more than 18 month, as my father is not maintaining both of them. There are 2 floors in our house and on ground we are living together and on first floor my brother along with his family and my father are residing. I am maintaining my mother and sister from past 18 months along with my family. My mother has filed a case under Domestic Violence act for maintaining herself against my father (78 years old Retired Army officer and his pension from Army is around 1,60,000/- per month and annual income is around 24 lakh) and my elder brother. With biased and vindictive nature my father filed a complaint with District Magistrate against me and my wife praying for maintenance and vacation from the house (the house is my father’s self acquired property) blaming that I along with my wife uses criminal force on him and we have kidnapped his wife (i.e. my mother who is wilfully residing with me because they used to beat her whenever I was not at home) and I have sold my mother ancestral agriculture land and grabbed the money. These all are baseless, false and fabricated grounds taken by him against me and my wife, so that we note press the domestic violence case pending against him filed by my mother. What are the remedies available for me in this matter and what action I can take against my father after the decision of the case filed by my father against me and what is the procedure to be adopted in this case. Please provide citations in related case which can be put in front of DM – Meerut.

hello sir,
my query is - A is to be incorporated with 5 shareholders out of them 3 are directors so in this case how are the spice forms ie. spice ,spice MOA,spice AOA and other attachments to be prepared?

I have received letter form ICAI, in this letter mentioned that your employer signature not match as per our record. please suggest me that what I do regard this letter and send me format of application for answer this letter
Thanks

Sir/ Madam, I would like to know that, If an advocate (i.e a law graduate enrolled his\her name in any state bar council in India ) wants to pursue CA course, in order to get his/her 3 years articles training being recognised, do they need to surrender/suspend their enrolment? or they can do articles training by getting permission form ICAI and without surrendering/suspending their enrolment ?

Read more at: https://www.caclubindia.com/experts/ask_query.asp

We are an export house based in Kerala. We send documents against exports directly to our buyers. When the buyers send us payment for the full amount we do not receive the full amount and an amount of US$ 30-35 is short received as the same is deducted by the intermediary banks. Our bankers say that unless the full amount is received they will not regularise the bill. Is there any RBI circular or rule that allows our bank to regularise the bill.


Regards
Sajjad

I have a proprietorship firm for clothing, I am planning to buy a car, should i buy it under my own name or should I buy it under the firm name?
If i buy it on personal name or firm name can I pay laons from any or the bank accounts (personal/current acc)?

Thanks In advance

I require reconciliation excel format for as per our ledger account statement and as per our supplier ledger statements,
send me my mail id.

Can I buy a property (residential, commercial, farm house/agricultural) in the name of one of the parents but with my (earned) money?

And later have that property transferred/inherited from the parents to me?
By way of Will?
Relinquished by other legal heir after demise of the parent?
Any other option?

Thanks you.

Sir,

Please solve my problem that in my tally the profit and loss a/c showing in debit side (Assets) in balance sheet and showing like
Profit & Loss A/c 2.50
Opening balance
Current Period (-) 1,73,834.85
Less: Transferred 1,73,837.85

Please tell me that how can i solve this mistake. and i have cross checked all the transactions with audited balance. but i could not find the actual mistake in tally. how can i accurate my profit & loss a/c in tally.