Anonymous
17 March 2010 at 16:12

Foreign Exchange billing and payment

I would like to seek your help in providing me solution to my following two problems

Question No.1

Our client is Indian gov. organisation with turnkey project. For one of the item we are procuring material from India but contract with client is in USD and country of origin is India can we bill and collect money in USD?

If answer is no than please suggest under which act or notification



Question No.2

Problem is similar to question no.1 only difference is that country of origin as per contract is outside India

Can we bill and collect money in USD as per contract



Anonymous
16 March 2010 at 17:48

debenture issue

can a listed company issue unlisted non convertible debentures to a bank on private placement basis..........?
if yes what are requirements to be fulfilled....?



Anonymous
16 March 2010 at 16:43

Change in Partnership Constitution

When A partner retires from the partnership what is the procedure.

Also whether a new deed of partnership firm is required..

Also whether the date of registration of partnership firm will change or not.


jayshree
16 March 2010 at 10:20

Bonus isuue

Can a Company issue preference shares as bonus shares to the equity shareholders of the company?



Anonymous

When I joined a private company I signed a 6 months contract. Now that it has been around one year and I got a better opportunity I sent my resignation to company but they declined my resignation and gave an threat of legal action against me to recover money spent from me.

Is this legal? Since my contract with company is already over.


Bhakti

I want to increase authorised share capital from 1 lac to 3 lac. I have already filed form no 23 and the same is approved too.
What next for filing form no 5? what about stamp duty and all?
Is form no 5 required to be filed physically?
What should be done after form no 23 filing? can anyone please explain in detail?



Anonymous
13 March 2010 at 16:32

company law

The definition of public company in The Company's Act,1956 is given as follows-
A public Company means a company which-
1.is not a private company,
2.has a minimum paid-up capital of Rs.5 lakhs,or such higher amount,
3.is a private company which is a subsidiary of a public company.

are all the above conditions necessary for a company to be called public company or any 1 of them can be fulfilled to be called a public company?



Anonymous
13 March 2010 at 13:54

Provident fund

We are a partnership firm, running 2 units under the same partnership deed. But the locations and activities of manufcturing are entirely different. Unit 1 emoployes = 12 persons and unit 2 employes = 16 persons.

Can both the units be clubbed and enforced to be registered under the PF Act?


Renu Mishra
12 March 2010 at 15:24

The payment of gratuity act 1972

If a person is working in an organisation continously for 4years6months then he gives resignation and rejoins the organisation on the request of his employer after a break of 2 years and further works their for 3 years is he eligible for gratuity payment.


pavankumar
11 March 2010 at 13:25

TDS on salary

wages paid contractor for suplly of labour charged to Salarie & wages,For This payment TDS charged under which section 194c OR 192 ?





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