LAW QnA - Page No 328

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Anonymous

16 February 2011 at 13:56

section 25 companies

CMA Sanjay Gupta has given a detailed analysis of section 25 companies. Thanks. I would like to know one more thing. Please confirm if accounting standards are applicable to such companies.

shashank

16 February 2011 at 13:06

Share capital - FEMA implications

Comp Xpvt.ltd is a 100 % subsidary of an international company(Y Int Inc). In the year 2010, X pvt.ltd received additional share capital from Y co. in US dollars..Can anyone please help me out on the compliances of both Indian companies Act and FEMA ?

JAGAN NATH RAO

15 February 2011 at 16:50

esi

Wheather ESI is applicable in SEZ Area, if no please mention the reason.

JAGAN NATH RAO

15 February 2011 at 16:19

ESI

ESI exempt in sez unit ? if yes or no. plz give me reason.

Anonymous

14 February 2011 at 13:57

Registration of NGO

i want register a NGO but i don't know exactly its registration process under which act it is to be done like registration under Trust,society, U/s 25 of companies act.

plz suggest me.....

CA. Praveen Narayan

14 February 2011 at 12:24

Company law

Dear..

Where number of members falls below rquired minimum(2 or 7) and the company continues to function for more than 6 months, all members who are aware of the fact, will be severally liable for the debts of th co incurred during that period.

My doubts:-
1) What about debts incurred after 6 months?

2) What s th consequence if it functions after 6 months?

3) what if, they increased th number to required min within 6 months?

4) Hw to integrate abv provisions with th follwing-
One of the reasons 4 winding up by Court is-

the number of members, in a public company is reduced to less than seven, and in case of private company less than two.

Thank you in Advance...