Dear Sir,

There is a Company 'X' (Public Unlisted company) in India.

It holds shares 100% in the status of a holding company in a company abroad (subsidiary company), from the last one year.

A total of $8000 was wire transferred against incorporation expenses to a representative company abroad which included the investment amount of $100.

The company 'X' has not filed Form ODI.

Request you to opine on the status of this transaction.

I am told that Form ODI is not required to be filed since there is no transaction and there is no Bank account for the susidiary company - abroad.

Regards

S. Anand

what are the instances in which one single person can form a quorum

Dear all..

Can any one tell me what are prcedures to get provident fund registration for a partnership firm doing erection and construction works in more than one State?

Thanks in Advance..

We have partnership firm, Now we Want to convert it into either Private or Public Co. and also we have 3 partners so what are the solutions and what are the necessary implication or effect as per stamp act on Transfer of property and on capital gains as per Income Tax Act?

Whether Form 8 is required to be filed if a Company takes Loan from the bank and the director of Coompany gives his personal property as security to the Bank?

Kindly explain in details along with the relevant sections.

Pls do the needful very very urgenbly.

If a minor is entered in to a partnership firm with the consent of all the partners...

My Query is that;
(i) Minor is only in benefits of partnership..
(ii) Minor has no liability, but shares profit then what he also shares the partnership loss..
(iii) Difference b/w Liability & Loss.....?

R.S.V.P.
Aditya Mishra

if a person want to transfer his business(proprietary concern)i.e all assets and also dealership that he is having, to his daughter-in-law who is actualy indian but she is just became NRI from last year and she will continue to be NRI for few more year.
1)Can her father in law transfer business to her(NRI)?
2)Will clubbing of income affect in the above case? Who will have to pay tax fatherin law or daughter in law?

if a company not satisfied with the services of it's CA and wanted to remove him? can anybody suggests that how a company do so?wt point of disqualifications can be used to satisfy the hon'ble board?

dear friends,


pls confirm me under bonus act 1965 if the allocable surplus is greater than minimum bonus payable i.e(8.33%) is it Compulsarily an employer has to pay the bonus at the rate of 20%.or is it enough if he pay minimum bonus


thanks in advance

please advise in order to get 60+ in accounts from which book i should study ?and how to study?

and please advise should i do selective study in law and audit?



and also suggest important areas of law and audit for exams point of view so that i can rely on them and can leave the rest as the course is too lenghty..