Indian company gets monetary support in the form of funding for rental deposit from a foreign company at the time of setting up business ie pre incorportion. The foreign company subsequently becomes a 100% holding company of the Indian company.
Now the Indian company want to reimburse the deposit paid to foreign holding company.
Can I understand the procedure involved in light of FEMA.
Hi Everyone
Can anybody help me out regarding below query?
What is the procedure to register the Rental agreement (Rental period is 5 years) and the cost of registration in Tamilnadu?
Thanks in advance.
(i) Upon receipt of an application under sub-section (4), the Registrar may, on the basis of information and documents furnished along with the application, reserve the name for a period of twenty days from the date of approval or such other period as may be prescribed:
Provided that in case of an application for reservation of name or for change of its name by an existing company, the Registrar may reserve the name for a period of sixty days from the date of approval.
Registrar may reserve name whether 20 days or 60days?
What is the meaning of the term "Related Body Corporate" under the Companies Act, 2013 ?
Shall be thankful if explained with relevant section and provisions.
Dear Sir/Mam,
Whether current account(running account) maintained by company shall be considered as deposits for filing Form DPT - 3
Dear sir/madam
Kindly provide me the format of disolution deed of partnership firm in case of death of partner.
Regards
Parth
i have serve my employer 4 year 11 month 11 days is i am eligible for gratuity
my job location is Odisha but employment is in Maharashtra
if i am eligible please give any reference to show my HR
one of my client is going through financial problem and one of his foreign friend ( citizen and resident of UAE) is ready to help him ?
amount is 40 lacs ?
my question is can he take 40 lacs in his account as loan from friend ?
if not then how can he take this amount ?
I had formed HUF with self, mother and wife in my name say NG (HUF) and am Karta of this HUF. This can be my father's HUF but I had not named it in fathers name as he had expired 7 years ago and I formed and registered the HUF 2 years after his passing away. His PAN was closed. I had a daughter around 10 months ago and now I want to register another HUF with self, wife and daughter as coparceners. Can I register this 2nd HUF also in my name as NG (HUF) with myself as Karta. Date of formation will be 2022. I am keeping names same as typically HUF name is Karta Name (HUF). Is this legitimate as per IT Act as law says an individual/HUF/entity cannot have 2 Pan cards. Will the 2 HUFs be considered different as coparceners are different & smaller HUF within family is permissible and DOB is different for both. But the names of both HUFs being same NG (HUF) and other details of Karta ie myself being same, am seeking clarity.
Read more at: https://www.caclubindia.com/experts/huf-income-tax--2899514.asp
Dear members,
I paid for a chit in Margadarsi.
As you are aware of the present situation at Margadarsi, it is involved in a 'multi-crore scam' and investigation is going on.
Have been getting continuous phone calls from them who are putting pressure for the payment of monthly instalment some of them talking very rudely and rashly too.
Would like to seek advise whether I must continue paying my installments or stop paying till the matters are sorted out.
Link to chronological articles in news about this matter for your easy and ready reference -
https://docs.google.com/document/d/1WYr7D_z9y5parGlqkql1nrz7VA8UImyYxlW9Hr-Cno8/edit?usp=sharing
Thanking you
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Rental deposit paid by foreign holding company on behalf of India subsidiary