we hav started a new business as partnership ,
two partners are there fixed Capital 25000 per head.
other than this they paid 500000 per head to start a business .

This 500000 should i consider as current a/c or loan a/c

if the same i will consider as loan then how much percent interest on loan i have to pay

please advice me accounting treatment for the same

AS I HAVE SEEN IN ONE OF THE THREAD THAT CALCUTTA HC HAS GIVEN THE VERDICT IN FAVOUR OF THE STUDENTS THAT THEY CAN ASK FOR THEIR RESPECTIVE AUTHORITY WHO TAKEN THEIR EXAM TO ALLOW THEM TO SEE THE ANSWER-SHEET.

NOW IS THERE ANY SUPREME COURT DECISION?

IS THE SAME IS BINDING ON ICAI?

ANY EXPERT OPINION IS WELCOMED.

If on Fixed deposit slip i have mentioned Jaspal Singh Mehndiratta

And my bank account is in the name of Jaspal Singh

Legally can FD be issued ?
Under what name ?
Any RBI annexure/guideline supporting your reply.

JS
(MBA + 2nd. yr. LLB )

How can a person become a member by estoppel/holding out in a company?Plz expain me.

URGENT
Please provide the complete procedure with relevant sections of the Act for closure of Trust of Provident fund and other relevant details

As per negotiable instrument act a bill can be accepted before its due date and also it can be subsequently endorsed without acceptance.My doubt is if the drawer of the bill needs it to be discounted with the bank ,when the bill shall be accepted and such bill can be endorsed or not

Hi,

We are a partnership firm in business since 2005. Recently we have lost our partnership deed which has been registered with the registrar of firms in 2005. I have tried to retrieve the documents from the registrar of firms but they dont have a copy either. What is the best way to proceed?
Do we have to launch an FIR? If so how long will it take before the police declares that the deed is lost and we need to make a new deed? Can we make a new deed immediately after filing or without filing the FIR?
In the new deed what should be the terms and conditions be with respect to the loss of the deed (How do we mention it there)? Will the conditions in the old deed apply even after the new deed is signed or can we make it void? How will the conditions in the old deed be enforced if its not available?

Can the board meetings of an Indian company be held outside India under the provisions of the Companies Act?

what is explanatory statement as per sec 173
for form 23 in ROC

Can we initiate the registration process for an LLP now i.e making name application and other formalities. i m askin this as LLP will commence on 1-4-2009 , so can name application be made before that date.