sir, wud u plz explain this
"if a bill of exchange is payable sum time after sight , it is the required to be accepted either by the drawee himself or by someone else on his behalf,before it can be presented for payment

what is "drawn in sets"
promissory note can't be drwn in sets but bills of exchange can be drawn in sets

page no 2.6 icai book business law

promissory note issued to ourself is void.

suppose, A issued a promissory note to B of rs 10000 ,to be paid after 4 months, after 3 months B purchased something from A & thus return that promissory note to A.
now will this promissory note valid or not



plz see page no 2.3 of businee law book (of icai,bos) last 3 lines

what is bill after sight?
how it is different from other bills

Dear Sir

Plz. tell me about the Doctrine Of Sufficient Cause Under Sec 5 Of Limitation Act , 1963.

authorised capital Rs. 100000/-
issued , subscribed &paid up capital RS. 100000/-

WE COLLECTING MONEY RS. 16,00,000/- AS SHARE APPLICATION MONEY W/O INCREASE AUHORISED CAPITAL ,CAN WE DO THAT PLEASE PROVIDE INFORMATION .

Hi ,

I spoke to the Income tax officer for the IT refund. He said the status in the database does not matches with my claim and asked me to submit the Indemnity bond on Rs100 stamp paper

It would be great if anyone send me the format of Indemnity bond for the IT refund.

is anybody give me detail for incorporation formalities of a company

who is a relative for the purpose of sec. 299 of companies Act

Dear Experts,
After much search i got the Circular no.49 issued by RBI dated May 4, 2010 in which there are guidelines for transferring shares held by closely held company by a non-resident individual to resident as per Discounted Free Cash Flow method.
Whereas it has been claimed by some other auditors that another Circular has been issued. If that is true please give me the link so that i can view and value the shares as per the latest guidelines.
With regards,
Rajesh.