Money Laundering can be classified into three stages-

1) Placement- The launderer introduces his illegal profits into the financial System.

2) Layering

3)Integration- The launderer might choose to invest the funds into real estate, luxury assets etc.

I could not understand the second stage of Layering. Please explain.

Sir, My Clint is Labour Contractors and wants to register himself with ESIC authority voluntarly. If there is any scheme and what is step and procedure and who much have to pay advance ESIC to department. We have only registered with VAT & Service Tax but not registered under Mumbai Shop & establishment Act. Can we regstered under ESIC without regstring under shop & establishment Act. Please explain

Can a cooperative bank can increase the rate of interest(bond rate) on loans by giving a notice in bank notice board

Hi, I want to know that how to do the following:
01: appointment of liquidator
02: Process, if there are two directors & they have a dispute & one of them want to dissolve the company.
03: is there any time frame for it.
04: can we upload it on mca website for paying the fees if any.

note: this company has bought land got it registered in his name & had booked machines & both the directors along with the share holders have invested in the company.

Is this Act applicable automatically, even without registaration under act, if an industry employs more than 100 workers in previous year???

After the expiry of 11 year one of my party is making false claims that I owe him which is not true. The matter belongs to year 2000. Pl advise whether this issue
is "time barred "

registered office of a company can be own premises or it can be taken on rent/lease? If it is taken on rent/lease than is it permissible under companies act?

A public company enters into contract to provide services with a private company and payment has been made by public company by credit card.both the companies have common directors, so in such case section 297 is applicable. As public company has more than one crore paid up share capital so Central Government approval also require together with Board resolution, But public company has not taken any approval from the central government, so compounding of offence u/s 621A can be applied.
Is there any way to proof that company has not done non compliance and no penalty is require to pay?

the date in the affidavit about the incorporation of the company and the type of the resolution selected in Form23 is wrong in case of sec560. The same has been filed with ROC and approved.
should the same be changed and if yes what is the procedure for the same without paying any additional fee?

Hi all
1. If an employee is transfered from company (x) to sister company (Y), has worked for 6 years in
X and 2 years in Y. shall gratuity be paid for 8 years or only for 6 years?
2. Also Gratuity fund maintained by x be transfered to Y ?
3. while on resignation who shall bear the gratuity company X ,company Y or both ?
Regards,
Harie