please any one suggest " quantum of gratuity payable will be 15 days wages based on the rate of wages last drawn by the employee concerned for every completed year of service or part thereof in excess of six months subject to a maximum of 15 months wages

what does it mean subject to a maximum of 15 months wages

Dear Frine of my friend left the service after spending ariund 15 Years in an establishment. please suggest upto what extent he would be eligible to claim his earned leave if his establishment is covered under Shop & ^Establishment Act in NCT of Delhi....As per companies Policy employees are eligible to avail 25 days of EL each year & part thereof.

Is he only eligible for only upto a maximum of 45 days of leaves as per Rules prescribed under S&E Act in Delhi ??

Awing for your prompt suggestions

Thanks in Advance

As per section 173, 4 Board meeting shall be held in 1 calendar year and not more than 120 days shall pass between 2 Board Meetings. So can Board Meetings be held on 1st Jan, 10th Jan, 20th Jan, 30 Jan? Are the Company law provisions complied? The law of 120 days is for BMs held in 1 calendar year or for all BMs held by the company?

We forgot to obtain MBP-1 from director in the board meeting in which he was appointed. We have passed general resolution in connection with appointment of such director. In the said resolution we have mentioned as under:

Resolve that Mr. Director is appointed as additional Director of the company

'Further resolved that the Managing Director is authorised to file all the related forms with ROC'

However we forgot to mention about noting of disclosure of interest by director.

With this background my query is:

Whether we can obtain MBP-1 from the concern Director and file with the above mentioned resolution even though we have not mentioned anything about disclosure of interest by director.

Is there any other way out for this deficiency.

Could any one guide in this matter?

sir
i want to know that when it become compulsory for employer to contribute in PF.
As a employer we have 12 employees in our private limited company.
what are our obligations such as ESI,HRA etc.

Thanks in advance

Amit Arora

Is Cottan Ginning & Pressing a MSME Sector Unit

wat are truncated cheques??

Sir I want ask you that according to FEMA regulations in portfolio investment scheme a foreign institutional investor can buy or sell securities on repatriation basis. So what do you mean by repatriation hare?

whether Stamp Duty is levied on Share Transfer if share received as gift.

which is the best book for law and ethics ??