Dear All, One of My client received a letter from one Big Industry as below, Please help me regarding this.


Micro, Small and Medium Enterprises Development Act 2006

You have been supplying goods / provding services based on the Purchse Orders / Work Orders Placed by us.

Kindly let us know wehether you have filed with the prescribed authorities, a Memorandum of Micro or small or medium enterprise as requried under the Micro, Small and Medium Enterprises Development Act 2006. In case the same has been filed by you, kindly send us an acknowledged copy of the letter filed by you.

In case you have not filed the Memorandum, kinldy keep us infomred as and when the same is filed.

If we do not receive any communication from you in this regard on or 31-05-2008 it shll be assumed that you have not filed the prescribed memorandum under the said Act.

Thanking you,

Yours faithfully

Hi,

I have a query on Remittance to a company outside India.

X is an Indian Pvt Ltd Company.

Y is a company in Srilanka.

Qn. 1 Can X remits some amount to Y towards expenses for establishing X's office in Srilanka

Qn 2 If it is possible whether TDS is applicable ?
Qn 3 Is there any limit up to which TDS need not be deducted ?

Qn 4 Or whether the Directors of X in their INDIVDUAL CAPACITY can remit money to Y in srilanka for establishing an office there ?

Qn 5 Is there any limit for the above ?

Qn 6 Whether TDS will be applicable ?

Qn 7 What are the procedures for making such remittances.

Thanking you

Regards


Subramanain

Suppose a society registered under the Societies Registration Act 1860 is making members for a fee and thereafter accpeting daily deposits and monthly deposits and the collections are then invested in various profitable ventures in all fields and fro those ventures the committments on daily deposits and monthly deposits maturity are being met. The profits arrived from these operations are used to meet all administrative expenses and remaining profit is either distributed amongst members or retained for ploughing back.

In the above case is the society required to have any compliance with the Reserve Bank of India ?

hello every body..
i wanted to know the time limit to hold a first board meeting.

Dear Sir,

Few of my friends approached me for formation of Trust to Construct the Temple for Lord.shiva. I suggested them to draft the deed and file the same with Registrar.They did so.Is it enough for establish a legally formed Public trust ?
They are collecting Donation form different part of the country and abroad also for source.In such a case , What is the formaiity for getting registarion u/s 12AA and 80 G exemption for doner.

If an employee during joining select for deduction of PF but after 6-7 months, he says that he is not interested in deducting of PF? Assume His salary is 25000/- per month.Can it be possible?

Whether existing unit can be transferred in SEZ area.

Please answer in detail with all provision in supporting of your answer.

Its urgent

Hi,

Can you pls give me a list of all laws applicable to a company that purchases pulses in bulk from kisan mandi & sells it to dealers.

waiting for the replies

I am working in a small MNC in Bangalore for last one year. I did not fill any PF A/C opeing form or Transfer form in my Creent company. They did not ask me to fill as well as I did not discussed with them about this. But every month they are deducting about Rs 1500/- toward PF same amount will go to my PF a/c from employer side and by this time my Total PF amout will be more than Rs. 30,000.00.

I do not know my PF number, because my company never asked me to fill, as well as my company never update me with my PF number. I have regined from this company now as well as I was not happy in my life for last 12 months due to management behaviors. What kind of Legal Action I can take against my Company? Please advice me.
Thanks.
Amit(aksaahil@gmail.com)

I have PCC attempt in Nov.2008. I have prepared well for all the subjects except for Company Law in BCL. Please suggest me how to prepare for that part.