Johnson Anthonidas
30 April 2014 at 11:08

Sec 164 of companies act 1956

ACN ANY 1 PLS EXPLAIN IN DETAIL APPLICABILITY OF SEC 164 OF COMPANIES ACT 1956

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ARUN KUMAR MAITRA
25 April 2014 at 12:47

Transfer deed

As per section 56 of Companies Act, 2013 read with rule 11 of Companies (Share Capital and Debentures) Rules, 2014 , the format for share transfer deeds have been changed and now require to be in SH. FORM 4.
Certain transfer deeds duly executed have been received by the company in old format on or after 1.4.2014.
Since the company is receiving the said deeds after the commencement of the Act,will it be necessary for it to advise the transferors/transferees to re-submit the said deeds in new format?

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Daga

Under Section 164(2), Directors are required to give written representation of non-applicability of disqualifications as provided in 164(2) to Companies (which is equivalent to S.274(1)(g)'s declaration under CA, 1956) The format of such declaration u/s 164(2)is not provided in the final rules yet.
Chapter XI, Rule 14 says "Every director shall inform to the company concerned about his disqualification under sub-section (2) of section 164, if any, in Form DIR-8 before he is appointed or re-appointed."
MCA's Circular No.General Circular no 6/2014 dated 28.03.2014 states that DIR-8 is for-Particulars of appointment of directors and the key managerial personnel and the changes among them.
In view of the above, can someone pls clarify that what will be format for giving the declaration u/s 164(2)? and whether such declaration is to be given by Director only at the event of Appointment/Re-appointment and not yearly?

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Rohit Kabra
08 April 2014 at 11:02

Bonus act

Monthly wage of a person is Rs. 5000 & he is entitled for bonus. During a particular month he is present only for 20 days so he receives 5000*20/26=3846. on what amount bonus will be paid

1. 3500 (since 3846 is more than 3500)
2. 3500*20/26=2692

Please reply soon

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Sanket Agarwal
11 March 2014 at 16:26

Msme

Whether the different units carying on different activities under one company shall be treated as separate entities for classification as a micro,small or medium enterprise? please answer with supporting case laws.

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CA Kalpesh Patel
09 March 2014 at 11:28

Signature in partnership deed

who will sign in case of death of partner in deed? e g there are A B C D partners in the firm and A died and now who will sign in partnership reconstitutional deed on behalf of deceased partner or no need to take such sign..? thank for ur reply

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Mr.Manish
26 February 2014 at 16:04

Unjustice in will of father

One of my friend whose father died before 2 years. After that my friend's elder brother ask him not to give his share from father property. My friend is married and have two children. can any one advise on it ? please

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Anonymous
17 February 2014 at 14:43

Exemption u/s 54 for capital gain

Individual sold his land for Rs.15 lacs and purchased 2 Flat's. 1st of Rs. 8,25,000 on his name & 2nd of Rs. 18,00,000 in the name of his son. Please advise on the allowability of exemption u/s 54 of income tax act.
How he can get Exemption for capital gain on both Flat's?

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Anonymous
13 February 2014 at 10:58

Time barred debt

I have given Rs. 2 crore as a loan to Mr. X.
Whithin how many period i can claim this debt before it time barred ?

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SIVARAKRISHNAN
29 January 2014 at 23:48

Trust deed

1. What are proceedure to follow the trust deed amendment.
2. Incase any one of the trustee is Expired, whehter the trust vaild or not? and any amendment need against this Expired.
3. whether all members should sign in the minitus?

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