Hi can anyone help with the following:

Company A deposits with Company B(of which A is a promoter) share application money in 2001. no shares have been issued in respect of share application money till 2009. B wants to return Share application money to A with interest on amount.

Courts have held that long term deposits of Share Application Money should be treated as inter corporate loans. question arises -what then is treatment of share application money in the instant case?

further issues:

case laws stating share application money as loans?

case law/commentary which spell out who can give a loan and to whom?

case law/commentary on how loan can be paid back?

Accounting standard treatment of the same?

i like some proprety and i want to make it in my name soon so 1st step that i should make so that it can be called mine so that even sellers cannt avoid to complete sale transaction

hi all
can anyone tell me from where to download the bareact in law.

After two & half year of service, Our company has suddenly decided to deduct amount for grautity from our salary retrospectively for last 2 years also. I want to know whether they can deduct it from our salary & that also effective from back date (i.e., last 2 years). It was not informed to us at the time of joining. Please advice urgently.

thanks in advance

06.April.2009
Hi.

This is INDERPAL SINGH.

Actually, My uncle had been working in a company at Gurgaon from 1996. No appointment Letter was provided there till the date.

In their Company PF facility was started on 10,March 2005.


On 4.April.2009 through someone here and there in a company employer got the information that my uncle is stealing company's stock.

He(Uncle) has caught by the employer with company's stock as on 04.April.2009 and now employer has discharged him and saying there is no final-payment. No amount will be provided to you.

Uncle said that, He wasn't know about the stock. How it was with him.

I know my uncle. He cannot do the act like this in their life.

Now please guide me is there any way by that my uncle could withdrawn their PF Amount?

Bcoz company is not providing their PF Amount.

I am looking forward to your response.
Please Help.

INDERPAL SINGH
+91-9871333610

mr.inderpalsingh@gmail.com
inderpalsingh5@yahoo.com

why a promissionary note cannot be made payable to a bearer?

and a bill of exchange made payable to bearer when it is a demand instrument?

dear all

one of our client had died last month. he was a proprietor. vat no. is issued on his name and till a.y. 208-09 the income tax has been filed on his name?

now what sould be done ?
will a letter to that effect suffice?

HI EVERYONE

RECENTLLY I WAS GOING THROUGH ECONOMICS TIMES AND I CAME ACROSS WORD "INSIDER TRADING"

PLEASE EXPLAIN ME ?

Respected experts..
Ours is a private trust(non deposit taking) engaged in microfinance activity at chennai.At present we are lending to individuals under lower income group to improve their business, house and personal purpose.We planned to buy gold and sell it to the clients through loan schemes.Is there any legal formalities to be followed to execute this loan?Is there any limit to fix the interest rate for gold purhcase loans?

clients hypothecate their movable assets against the loan they are receiving from the lender. In case of default, what is the procedure to be followed by the lender(company)to collect the OD using that hypothecation given by the client?