Can an Indian company pledge its shares in an overseas subsidiary to secure payment obligations of the subsidiary?
Dear All
Cany any one advise me regarding the following,
The company issued Convertable debetures to Non resident and filled FC-GPR.
Now the company is going to convert those debentures to equity shares. Is it necessary to file FC-GPR on this convertion.
Dear Experts,
My query is related to treatment of unused gratuity fund, set up under group gratuity scheme.
Let me explain with the help of a small example:
ABC Pvt. Ltd. incorporated on 01-01-2004 and implemented group gratuity scheme effective 01-01-2010. In the first year (i.e. 2011) company paid Rs. 6 Lakh as group gratuity premium. Now due to some or the other reasons board of directors (who are holding 100% equity of the company) decided to wind up the company effective 01-01-2011.
Now my question are as follows:
1. What will happen to the Group gratuity fund created under trust deed, if there were no claims of gratuity since the date of creation of the fund?
2. Will company get the refund of the balance standing in the gratuity fund account?
Please explain the above issues.
Thank you.
Best Regards,
- Rahul
Dear All,
We have a company registered in Andhra Pradesh,the company is availing financial assistance through ECB from the lenders who are located oversea, the lenders have requested us to mortgage a property of the company which is situated in Tamil Nadu, and they are of the opinion that the company have to shift its registered office to tamil nadu, because if they dont shift the registered office then stamp duty rates as applicable in Andhra Pradesh is applicable,which is higher when compared to tamil nadu.
Now my question is:
1. Is stamp duty rates applicable as per the state act,where property is situated or where the registered office?
2. Whether it is levied as per the place of transaction or where the document is brought in?
This is very urgent..Please guide through it.
Is There any time limit prescribed for filing of monthly PF returns to PF authorities? If Yes,please tell me the same?
I have ample balance in the saving bank account even throught my three cheque has been bounched
What legal action i can take against bank.
Please provide the procedure for the same.
Sirs, One of my client wants to enter into an agreement with a firm/group based at Arab country for funds management partnership.
please let me know what laws are applicable? How to go around everything right from the scratch i.e. agreement, what lawful route etc.
Hello can anyone please guide me on the documents I need to confirm once I need to buy the land and get a satifaction that the title is clear and is in my name.
Can someone please explain it stage-wise
what is 7/12 document, when is it needed
Hi everybody,
Can anybody give a sample resolution for POWER TO BORROW LOAN by the board of directors?
Thanx
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