Mathew George ACMA
18 May 2011 at 10:05

other objects - MoA

other objects of an educational institution


Ravinder Singh
16 May 2011 at 20:53

payment to unsecured loan

Sir/Madam

I want to know whether a person (proprietor) can give an asset as payment of unsecured loan ?
if yes then whether valuation of asset is necessary or book value is treated as value of asset.


Sowmya.S.Balan
16 May 2011 at 18:24

forein contribution act 2010

Can a trust accept foreign contribution as second receipient under the new FCRA Act 2010


Guest
16 May 2011 at 17:49

Provident Fund

What are the rates of contribution to PF, Pension scheme and EDLIS for employer and employee? Please explain the computations for the following three salaries (basic+d.a.): -

1) 4,000 p.m.
2) 8,000 p.m.
3)50,000 p.m.



Anonymous

Can an Indian company pledge its shares in an overseas subsidiary to secure payment obligations of the subsidiary?


Vinodkumar.O.K
16 May 2011 at 14:30

Filing of FC-GPR

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.


Rahul Shelke

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


Ruchi
14 May 2011 at 10:38

Stamp Duty

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.


phani kumar
13 May 2011 at 19:02

Provident Fund

Is There any time limit prescribed for filing of monthly PF returns to PF authorities? If Yes,please tell me the same?


shri niwas malani
13 May 2011 at 16:33

Bank cheque bounce with balance

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.






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