one person has taken the cheques of other party and discounted in his bank and bank sent these cheques to concern banker for payment , on the presentation the cheque was returned wothout payment as there was no enough amount in party's bank account. Who will be liable to make the payment to banker as it payment was already taken by holding party
Payment in INR on behalf of a Foreign Customer
Dear Sir,
Kindly clarify, can we make a payment in INR to Indian Company on behalf of a foreign customer and then later on claim the currency through debit note from Foreign Customer? Will the payment be a violation of FEMA ACT?
Thanks
fidusiary relationship
what is the meaning of fidusiary relationship?
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EPF scheme, 1952 - application for settlement
It is written in Form-19 that in case of leaving service, the claim should be submitted after two month from the date of leaving service provided the member continues to remain unemployed in an establishment to which the Act applies.
What exactly is the meaning of the PROVISO?
Does the period of two months applies to all the members of the scheme i.e. does it apply to resignation also?
What are the other docs./formalities which are to be submitted?
It would be more helpful if anyone could provide me paragraph 69 of EPF Scheme.
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MODULE OF PCC IS VERY HUGE. IS THERE ANY WAY TO AVOID IT TO SOME EXTENT?
Question is related to ESI
1.If any person,s gross salary is less than rs.10000 before inclusion of overtime but after including overtime it exceeds Rs. 10000 limit,Can be make ESI Deduction of 1.75%/4.75% in this case.
2.If it is not allowed by the law and we have deducted by mistake, then what are the penal provisions
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liability of discounted cheques