KAPIL
22 October 2010 at 09:22

Party claiming Rs.2lac from me

Sir,

I was given a cheque to him as token money against property, i said him that the same cheque will be encashed only if makes agreement with me in written. But he did not make any agreement with me nor return cheque to me. I had number of time visited in his office with my wife, he did not given back my cheque.He is a chartered accountant. I compelled to close my saving account from where that cheque was given. When he presented the same cheque into bank, the bank return the cheque to party with remarks "insufficent fund". Now he has filed suit upon me with the demanding Rs.2Lac under section 138. He is saying that he has given cash loan to me against this cheque. What I do, Sir. Can u sir please tell me that any peron can receive huge amount in cash as loan while as per income tax law said that no body can receive more than Rs.20000/- in cash. Please explain it with if any having court judgement by email: kapilbhatia2004@yahoo.co.in


KAPIL

Sir,

It is brought to ur notice that I was given a cheque of Rs.2Lacs to one person against purchase of land.But he has suit on me that was received by him aforesaid cheque against cash payment to me as loan. If he goes to court for justice. Can he prove in court that the same cheque was issued by me against loan. if yes, how and under which section.


CA Saba Naaz
21 October 2010 at 14:04

Negotiable Instruments

Can anyone please explain me the difference between Ambiguous Instrument and Fictitious Instrument....?
I am a bit confused..


KAPIL
21 October 2010 at 13:37

Loan

Sir,

Please advise me that any person can give cash loan to another person Rs 2,00,000-00 without any written agreement.If yes, then it can be proved in court and how?


Pooja Mody
20 October 2010 at 18:02

Change of statutory auditor

Procedure to change statutory auditor of a private limited company


shaswath b s
20 October 2010 at 15:13

directors

Is an alternate director included in the total number of directors while calculating 2/3 for the purpose of rotational directors?



Anonymous
20 October 2010 at 14:24

MEETINGS

ACCIDENTAL OMISSION TO SEND THE NOTICE TO MEETING:
IN CASE THERE ARE 50 SHAREHOLDERS AND OUT OF 50, 2 SHAREHOLDERS DINT RECEIVE THE NOTICE OF THE MEETING TO BE HELD. THESE 2 SHAREHOLDERS HOLD SHARES NEARING 50000 OUT OF 60000 SHARES..........

CAN THE MEETING TO BE HELD BE CANCELLED?


Girish
20 October 2010 at 10:04

PRovident Fund

Can someone tell me what basic salary we have to pay to workers on role for eg if an employee having gross salry of 3500/- can we keep basic as Rs 1000/- and other allownace and convey 2500/- and deduct PF on only Rs 1000/- pls advise


Girish
20 October 2010 at 10:02

Minimum Wages

We have a unit in Gujarat, where the minimum wages is revised to 162.40 for our category of industry. My question is should this minimum wages be kept as basic Wages on which PF is to be deducted or we can split this 162.40 into seperate allowances and deduct PF on the splitted amount, if yes then what should be the ratio like 30% or 40% or 60% of the min wage as basic pls advise



Anonymous
19 October 2010 at 11:40

MEETING

ACCIDENTAL OMISSION TO SEND THE NOTICE TO MEETING:
IN CASE THERE ARE 50 SHAREHOLDERS AND OUT OF 50, 2 SHAREHOLDERS DINT RECEIVE THE NOTICE OF THE MEETING TO BE HELD. THESE 2 SHAREHOLDERS HOLD SHARES NEARING 50000 OUT OF 60000 SHARES..........

CAN THE MEETING TO BE HELD BE CANCELLED?






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