Can a Partnership Firm accept Inter Corporate Deposits (?) Is there any restriction on it (?)

Query 1: Can a minor be appointed as a director in public company / pure private company ?

Query 2 : Can a manager and MD co-exist simultaneously in a pure private company ?

Query 3 : Can a company issue unsecured debentures ? if yes, how ?

Query 4 : Do executive director comes into the ambit of "managerial person" for determining managerial remuneration ?

Answers with relevant provisions and case laws will be appreciated.
thanks in advance.

A person is doing share trading business. He is not a broker nor he does any share broking business.

this person trades over phone or internet through his home.

Now the society is raising objection that the person is making commercial use of his property. Pls note. This person is not having any board on his flat. Further the person carrys business on his personal name no, firm etc.

How should the person deal with the society.

A company sells goods to SEZ Unit. Law says sell to SEZ unit is export of the supplier under SEZ act, Excise act and in Custom act.

But will that would be MERCHANT EXPORT of supplier company or would it be Actual Export of supplier.

I am confuse between Merchant Export and Export.

Please provide me the legal definition, if any, of Merchant export and export.

Many thanks for investing your valuable time to my query.

What is ex-gratia payment? Is such payment is taxable?

whether partnership firm can be a partner of the another partnership firm

Hi all ,

Wats the differnce between MoU and agreement?

When MoU is required and when Agreement?

A firm having more than 20 employees is getting a work done through a contractor(Job work) who has less than 20 employees. Hence contractor is not liable to ESI. In this case is the firm liable to ESI on the wages paid to job worker?(who has less than 20 employees)

Thank you,
Venu

is there any difference between ESOP and sweat equity share..

A proprietary concern (small scale industry) in packaging industry want to import machine worth 1200,000 Euros.

70% of the project cost is financed by Swedish Bank with quarterly re-payment terms spread over 5 years from the installation of machinery by end 2010.
Necessary documentation to finance this project is submitted through Swedish EKN (Export Credit Council).

The repayments from proprietary concern are scheduled through their bankers "Punjab National Bank".

Now,Is there any restrictions / guidelines from RBI or under FEMA on such loans in terms of Loan Amount / re-payment period?