Kindly answer the following queries:

What is a private trust?

Can a person owning an immovable property with flats given out on leave and license basis form a private trust?

If such a trust is formed and the rent is divided among multiple beneficiaries will the beneficiaries or previous owner bear the burden of tax?

Is the formation of a private trust advisable in the above case?

Hello Sir,
I want to know the difference between "Board Meeting" and "General Meeting".
&
What is Corporate Governance?

thanx

My father expired recently leaving behind my mother and 3 brothers. My father had a house in his name that has four floors. I live in new delhi. My mother wants to give one floor to each brother. What is the legal procedure to do that?

Dear,

Please advice me how can i file Balance sheet for year ending 31.03.2010 which had already filed and got approved on MCA portal.
Now the company found some deficiency and prepared the a Revised audited balance sheet and got it approved in Extra ordinary general meeting and got unanimous conses.
The company wants to file 23AC/23ACA for the revised balance sheet but portal does not accept and shows "The balance sheet for yr ending 31.03.2010 has filed vide SRN-----" and presruitiny button remains highlighted.

Plz help me to follow the procedure file the said document.

I wanted to ask that a game or software we purchase from a store is just purchasing a license to use that software according to the End User License Agreement(EULA) we accept while installing..

But we dont actually agree to anything while buying as we dont even know the terms and dont have any means to know the terms of EULA of the game/software.And if a company bans a user from using that software in terms with one clause of EULA than what is the legal position on that as user never agreed or had known the terms while paying full amount for the software and game.
and even if he wanted to there is no way for the same..

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.