Sushant Singh
10 November 2008 at 20:00

Reference Book

Sir,
I need a book on Negotiable Instrument act 1881 , specifically for this act only & it should be in a simple & lucid language containing case studies.
Please refer me a good book on this act.


Subrahmanyam
08 November 2008 at 10:04

Contribution to PF

Once registered under PF Act, will the PF & Gratuity act apply to all the employees or can choice be exercised on to whom the said contribution can be made.

eg. an organisation may have office assistants to whom a fixed salary is paid. can contribution to such employees be avoided. Or rather should they be treated as consultants & not as employees to avoid contribution.


Subrahmanyam
06 November 2008 at 17:49

Independent Branch

Say "A" a partner of A & Co a chennai based CA firm has an independent branch at mumbai BC & Co (a partnership firm; A, B & C are partners). A's share is 60% and balance is shared by B&C equally. All the activities like operations, professional work etc of BC & Co are taken care of by B&C. If there is any professional misconduct because of B or C while performing duties on behalf of BC & Co what are its implications on A. Will A also be held responsible.


Pratibha
06 November 2008 at 15:53

OBTAINING CERTIFICATE OF COMMENCEMENT

pls clarify that whether the amount mentioned in agreement as initial issued, called up , subscribed & paid up capital has to be actually paid in full before getting the certificate of incorporation?
what are the provisions for this in companies act, 1956, whether part amount of it can be taken?


Pratibha
06 November 2008 at 15:48

Share capital -subscribed, paid up

Please clarify me with regards to share capital, ie. in the agreement it is mentioned that the initial issued, subscribed and paid up capital will be Rs 20 crores, but in Memorandum & Articles of Association it is subscribed only Rs. 15 Crores,
then my question is that how much amount is to be paid by the memebrs of the company?
whether if only Rs, 15 crores be paid now then will it be in contradiction to the companies act, 1956.


srinivas
05 November 2008 at 18:30

Can Indemnity clause be exercised?

situation:
Mr.A defaults repayment of housing loan taken for purchase of a site and construction. The nationalised bank calls for an auction in its premises and sells the site to Mr.X in the auction. Mr.X has paid full consideration for the site but the bank has not yet registered the site in the name of Mr.X even after 22 months from the date of auction. When Mr.X verified the property documents which were with the bank which the bank did not give before the auction the bank did not have all the documents required for registration of the property in his X name. so Mr. X insisted the bank to induct the indemnity clause into the certificate of sale and to provide all the necessary documents required for registration but the bank is just deny Mr.x that they cannot give any documents nor they will induct the indemnity clause. When Mr.X verified a copy of the sale deed of Mr.A which Mr.X received from the bank , Mr.X came to know that the bank officials have released the loan to Mr.A even for construction when there is no construction at all and they are fearing that if they induct any indemnity clause they may be in trouble for any future problems that may araise in the future.

What measures can Mr.X take to get the site registered in his name?

Several requests to various officials of the bank have failed to get any response from the bank.(at the regional levels & h.o.level)


Vivek Banginwar
01 November 2008 at 19:49

english format of 7/12

Sir, kindly provide me a format of 7/12 extract and mutation in english format urgently.
thanks


saravanan
01 November 2008 at 12:21

STAMP PAPER VALUE

I WOULD LIKE TO ENTER A PARTNERSHIP FIRM. THIS IS SERVICE ORIENTED FIRM SO NOT NECESSARY CAPITAL IN FIRM.
WHAT AMOUNT I BOUGHT STAMP PAPER AGREEMENT. (RS. 100 OR RS.300)

SARAVANAN AK


Subrahmanyam
31 October 2008 at 08:57

PF a/c transfer

What is the procedure for tranfering PF a/c from 1 employer to another.

For eg. A worked in a company later he started his own proprietary concern. He registers it under the PF Act. Can he transfer his a/c from the company he worked & bring it under his own.

Is there any time frame for this.


Subrahmanyam
29 October 2008 at 22:23

PF Contribution

Is it possible that PF can be contributed in 1 month when salary is paid & not contributed in another month assuming that the employee gets salary in the month in which he works.

For eg say in April "A" an employer has an employee "B". B gets salary (& contribution to PF) in april as the employers has work. However A does not have any work in May. As such he does not pay any salary to B in may. Can he avoid paying salary (& contribution to PF) to B in may. B agrees to this.





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