we cant give loan to LLP as per section 185(1). can we give loan to LLP under section 185(2)?

Can you please suggest Formats of specific PoA ,Affidavit,Indemnity bond and stamp paper and registration requirement in Delhi and Mumbai . Thanks

sir i want to register a spv company . how can i draft a moa of thath company

Dear All,

Can a co-operative housing society adjust the outstanding maintenance amount paid by a member first towards interest and late fee and the balance amount towards principal amount outstanding?

Is there any such provision as per Maharashtra co-operative societies act? If yes, can someone please quote the relevant section / clause from the act.

Kindly assist.

Please help me with the resolution format for entering into share purchase agreement for acquiring 100% stake of another company

1) A Unregistered Partnership Firm Formed between 5 Partners in FY 2009-10 for a Specific Project for development of Open Land into Residential Apartment.

2) Firm carries out Development Work on Land (i.e. Specific Project) From FY 2012-13.

3) Every FY ITR is filed P&L, Balance Sheet is prepared. Out of 5 only Two Partners have signed such Balance Sheet.

4) Partnership Deed has a clause of Interest to be paid to Partner's who brings additional capital other than fixed Capital (i.e.Rs.10,000/-) at 12% or lower as may be mutually decided between the partners depending on the Financial Situation of the Firm, Small Profits or Loss.

5) During the Development Work from FY 2012-13 up to FY 2016-17 No Major Profit has been achieved by the Firm.

6) In FY 2018-19 Project Stands Completed One Partner post completion of Project issues Dissolution Notice to other 4 Partners.

7) In Same FY 2018-19 Tax Planning is done through appointed CA and without capitalizing Interest on Partners Capital, Firm Pays Tax on Maximum Profit Achieved as per the Ready Reckoner Rate of Unsold Inventories. Now, Post filing of ITR and Sharing of Audited Balance Sheet and P&L A/c (3 Partners) raise dispute on capitalizing Interest on Partners Capital from Period (FY 2009-10 To FY 2018-19) at the time of Settling of Accounts between partners as Per Dissolution (u/s 48 Partnership Act).

8) Can as per LAW and Income Tax Act, the Partners can claim Interest from Firm for such Period, will arbitrator allow capitalizing such Interest on Partner's Capital if the Partner's take it to the court for arbitration?

One person Company has Incorporated in April-20. still appointment of First auditor has not been made in ADT-1 till now. is there any Additional fees charged by MCA currently or any notification came for waiver of penalty due to corona virus pandemic situation?

I have required the draft trust deed for open any school in Hindi ,If anyone have then please provide .

Is there any format for AOP agreement ( other than trust ) , which Amount stamp paper required for Agreement

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