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Dear all member,

I am writing here with high hopes!

The genesis of the entire situation is as follows:

Firstly: When a Joint Account was opened with a bank i.e A B C with anyone or survivor clause/mandate in the year 2005. The sole/ joint account holder (A) left for Uk and never returned to India. The operations of the said accounts were continued to be operated by (B) and the official of the bank.

Secondly: In the year 2007, the sole joint account holder expired in Uk and the rest of the account holders did not informed the banker of his demise and continued to operate the account same as ABC.

Thirdly: There were some investments made in the name of A in other banks (the deceased account holder) thereafter B and C closed the said investments in the year 2010 and received the amounts through crossed named cheques made in the favour of A. And subsequently depositing the said cheques in the Joint Account still ruining in the name of ABC and latter swindled away the amounts, so received.


My question is :-

Once the Sole/Joint Account holder has already expired in the year 2007, can the operation of the said Joint account continued by the other account holders in a case of anyone or survivor mandate?

As they kept the banker in shadow regarding the death of the sole account holder, does the other account holders attract any any penal charges and depositing cheques from other financial institutions that were made in the favour of A after his death?

Your precious advice is much desired.

Thank you so much.

Dear Sir,

Please Clarify: I am a company secretary of a public company having a paid up share capital of less than 5 crore rupees whose form 32 was filed under the provisions of Companies Act, 1956. will I be regarded as a KMP under section 203 read with Section 2 (51) of the companies act, 2013?

Owner/Lessor resides at Delhi and his/her property even at Delhi.

Tenant/Lessee from hyderabad took the Delhi premise for rent

Here, which Non-Judicial stamp paper will be used., Delhi or Hyderabad

Thank you

Sir,

A hotel converts foreign currency for foreign visitors to its hotel at the time they arrive and later get those foreign currency converted through Centrum.

Meanwhile, It generates income by paying less home currency and getting more of it through conversion.

Is this allowed?? Is Service tax payable??

hi sir plz help me
how many years go back for calculate carriying amount of individual asset

what about the rules for the Private Companies regarding acceptance of Deposits from Persoins otherthan Promoters/Directors/Members.

Can you please tell me the eforms to be filled by the company (Pvt Copany & Unlisted Company) on or after 01.04.2015 with ROC (MCA).

What are the eforms to be filled with ROC during the Financial Year 2015 - 2016 ?

Please guide me and help me out.

Regards,
Shital

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