Dear Sir,
Would like inform you that i am an Indian national, Reside at Kuwait, Doing business here since 30 years. My partner and Friends (All Kuwaiti Natinals) insist me to start SHARE HOLDER ASSOCIATION COMPANY at India. They are interesting to buy Lands, Construct Buildings, Sell or Rent That buildings Etc. In short they are interested in Real Estate. Can Indian Government Permit Us ? We are 4 Partners, Only I Am Indian, Balance 3 Are Non Indian ( Kuwaiti National ) Capital Amount Should Be About 20 Million Rupees.

Please Advise Soon,

Thanks & Regards,
Mohmed Amin Gajarya
Kuwait.

What is the meaning of "Interested Director" and Non-Interested Directors" regarding the meeting of Board?
What are the effects of such Directors while taking decision?

HI,


CAN ANY ONE PLZ HELP ME FOR GETTING 'MAIN OBJECT CLAUSE FOR EXIM COMPANY'WHO HAS A MAIN BUSINESS OBJECT SUCH AS Trading , Merchandising < importing < exporting < High Sea sales , co branding , marketing etc.

REGARDS,
THANKS

Is it mandatory to get the signatures of transferor attested by bank in transfer form 7B?
Do section 108 of companies act mandates such attestation?

Dear All,
A company is the owner of a flat in a Co-operative Housing Society Limited(CHSL). A director of that company is residing in the flat. He now wishes to become a memebr of the Managing Committee. My Query is as under:

1. As far as I am aware, only employees of the company can reside in a CHSL flat owned by the company. A director, not an employee, is he entitled to reside at the said flat?

If the answer to the above query is Yes then my second query is as under:

2. The company has given all the authorizations u/s 187 to represent the company. Is such authorization only restricted to voting in the meetings of the Society or does the said authorization empower the director to contest the elections for the Managing Committee?

Hi,
Please tell me if company is shut down suddenly and then case are pending in labour court then employee can withdraw the money of PF ? If yes then how? if no then why?

While drafting the Articles of asociation what privileges can be written for the Debenture
holders if they wish to acquire the Company.

when the personal loan introduced in the firm, how the rate of interest is calculated?
taking the denometer as the 12 months or 365 days?
How the rate of interest is calculated?
suppose follwing is the situation----
date mentioned on cheque/;--18-sept 2012
date submitted to borrower ---21 sept 2012
cheque is deposited in bank--23 sept 2012
cheque is cleared in bank 25 sept 2012

on which date interest to be required to cal ?
what is the correct way to calculate the int rate working from the legal point?

Dear Sir(s),

On urgent basis ;

A pvt. ltd. company show Balance sheet in the year 2010-2011 i.e. in Liabilities side paid-up cap. Rs. 1 lac and Assets side cash in hand Rs, 52,000 and Mis. exp. Rs. 48,000.

Co. incorporated : 06/08/2009. Co. has not carried any business (Since incorporation)till now.But Co. has filed his all compliances relating ROC (i.e. 23AC, 23ACA, 20B).

We want to close the Company approx. time period : october,2012 .

Sir, my Question is :

1. Can i go through from FTE mode for Strike off the Co. U/S 560 ?

2. As per above situation this Comapny declare a Defunct Company ?

3. Is it necessary for Current year B/S 2011-12 will be Nil Liabilities and Nil Assets ?

4. How can do the Assets and Libilitis - Nil ?

Pls Solve it sir(s),

Regards,

Vicky Srivastav

Dear Experts,
In which way can a Govt company sue its concern officer for not recording financial transactions in its books? Which sections will attract on both company and officers like sec 44AA of ITax Act and 209 of comp Act.