Himanshu Shah

There is Change in Partnership Deed due to change in partners.

What is the procedure to update the same with Registrar of Firms Gujarat.


ToM..

Dear Sir,

My sister thinks I keep an eye on my father's property. But I have neither the intention nor any desire of any property.

So, What Document do I need to execute to relinquish my right in any of my father's property? {My father wont remove my name from his will}


Suraj

Dear Sir / Madam,

ABC Pvt Ltd is formed during FY 2018-19. During FY, the Company has given some loans to directors. The directors were not aware of provisions of Section 185 of Companies Act that the Pvt Ltd company can not give loans to its Directors. That means the Company has violated this provision. Realizing this now, The Directors are ready to repay that amount to the company. This is a genuine case that most of the times the directors of Pvt Ltd company may not be aware of such provisions in very 1st year of the formation of the company.

Can we say now (after receiving above repayment) that the Company has not violated the provisions of Section 185 of Companies? Whether this needs to be reported in Statutory Audit report?

Please Guide
Regards,
Suraj


ankush94
14 March 2019 at 08:53

Fema : use of overseas assets

Query : I was a FEMA and IT Non Resident from 2012-13 till 31-03-2017. I had earned X USD as Non Resident. I still hold those assets abroad as permitted by Section 6 of FEMA. I now want to make fresh investments overseas. Can I use the USD lying in my overseas A/cs or do I have to compulsorily remit USD under Liberalised Remittance Scheme through my Indian Bank A/cs.

Thanks.


CA jignesh daiya

Can employer contribute 12% Of minimum CTC prescribed RS.1800 being 12% of MINIMUM CTC RS.15000 where CTC is more than RS.15000 pm or he has to contribute 12% of actual CTC where CTC is more than RS.15000 p.m.?
please advice on the same


S SHAH

What is Difference between co-op housing society and co-op housing service society. Which one is better?


Shraddha
27 February 2019 at 14:31

Msmed certificate

Dear Experts, Please let me know MSME certificate is District wise applicable or is it applicable for whole enterprise?
Actually our company is registered as SMALL under MSME Act but certificate has issued DISTRICT INDUSTRIES CENTRE , AHMEDABAD Government of Gujarat as our factory is at Gujarat and company's registered address is Mumbai, Maharastra. So, please guide me may I use the MSME certificate for the Mumbai customer.


PAnkaj
07 February 2019 at 15:35

Loan from directors

Sir/Madam
Company is not running any business for last 2 years, All conditions of Sec 248 have been complied for striking off the name of company. There is no bank account in the name of the company, no assets & liabilities.
BUT in liabilities - unsecured loan taken from the promoter exists. Please tell me how to nullify that loan so that the Statement of Accounts can be filed with registrar.
Thanks in Advance


pradeep k sood
07 February 2019 at 14:45

Bank operations

One of my client is a private limited company. There are four directors represented by two individuals A and B and their spouses. Both the individuals A and B are signatory to bank accounts, (either or survivor basis). Now there is a dispute among the two directors. A has total control over the bank operations and is not sharing any information with B. B wants to move an application with the bank to stop the debits/ withdrawals in the cc account and as well wish to write to bank to withdraw the personal guarantee that he has given. Now my query is, whether the bank has to compulsory act upon the request of B and stop operations in the account or will the bank refuse to entertain the instructions of B and keep the bank operations going. Please give me your valued opinion along with case law or RBI circular if any.


Nizam Shaikh
28 January 2019 at 17:03

Labour welfare fund & professional tax

A proprietorship business in Maharashtra providing services on contract basis in Gujarat state. Whether it has to register for Labour welfare fund & Professional Tax in Gujarat state separately or registered in Maharashtra is sufficient. Please advice for the same.





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