Hi, one urgent query.

What are the conditions and procedure to be complied with in case of conversion of loan given by an Indian entity to its overseas WOS into equity? Whether RBI approval is required?

Pls help.

(1) procedure for changing registered address within local limits.

(2)can itr be filled before change in address at ROC?

A firm has 9 partners. One of the partner has started a similar business in the same town which is against d clause in the partnership deed. Now my query is invoking d clause in the deed can other partners remove that partner and if that is not willing to resign what is other way out?

Hi Sir,

I had made a Partnership Deed on 26th April 2017, but I bought the stamp paper on 10th May 2017. Will that make my Deed invalid?
Can I give a clause as agreement was reduced in written form on 10th May 2017, and another statement as
WHEREBY IT IS AGREED that the parties hereto (hereinafter together called the partners) shall become partners in the business of ******** with effect from 27 th of APRIL 2017 upon the terms and conditions hereinafter contained namely:

which is the best faculty for ca final law

BANKER NEGLIGENTLY NOT LINK THE SWIPING MACHINE TO O.D A/C FROM NOVEMBER TO TILL 15TH APRIL .
ALL THE CREDIT CARD SALES & DEBIT CARD SALES ARE NOT ACCOUNTED IN MY O.D A/C. AFTER MANY REMINDS THEY RESOLVE THE PROBLEM WITHIN A 2O WORKING DAYS RESOLVED ON 2ND MAY.
CAN I TAKE ANY ACTION AGAINST BANKER FOR LOSS OF INTEREST OF AROUND OF 2LAKHS TO 2.50LAKHS.

As per S. 151 of co act 2013 read with rules, On the expiry of the tenure such director shall not be eligible for re-appointment. A small shareholders director shall not for a period of 3 years from the date on which he ceases to hold office as a small shareholdes director in a company , be reappointed in or be associated with such company in any other capacity , either directly or indirectly. Does this mean that a person can never be reappointed as small shareholder a company in which he had already held such position before?

the section 162(1) is important for the purpose of examination?
I was read this section but could not find anything important

Dear All,

We come to across a situation where my Customer who is in India asking us to accept payments in USD for services given in India. We are registered in India as India Pvt Ltd.

Looking forward for your suggestion.

Regards,

Nitesh Raghuvanshi

"P" owns a proprietorship concern XYZ from past many years and is doing his business. Now he enters into partnership agreement with "S" and they form a partnership firm with same name XYZ in February 2017. P states that he has transferred all his assets and liabilities to the firm but that is not documented in the partnership agreement. Further the partnership agreement is not registered also. P and S hold 50:50 share in the partnership firm. The queries are as following:

1. Can a proprietorship and partnership have same name XYZ?

2. What are the consequences of non registration of partnership firm?

3. Although P says he has transferred his assets and liabilities but since they are not documented can we consider this deed valid?

4. Does transferring all assets and liabilities of proprietorship concern in partnership means dissolution of the Proprietorship concern (i.e. it cease to exist)??

5. Will the turnover of Proprietorship after its transfer / dissolution be treated as turnover of partnership from February 2017 legally?