Dear Experts,
I want to Know Applicability of PF For Pvt ltd Company.
As I know If any Company having more than 20 Employees is liable for PF Act.
Rs 6500 is the limit for Employee.
What if employee getting More than 6500 salary as basic + DA??
Is he exempt from PF Provisions.
i want to appoint independent director without calling AGM or EGM, but through board meeting now and later i will approved in AGM.
Can i do the same by passing board resolution now?
Dear Members
All though this is not a pure area of CA But can you Please help me on the following issue :-
I have applied for a loan on 1.08.2014 from my SBI CREDIT CARD for Rs.10000 (via internet by clicking on an option called "easy money"). Afterwards they sent a cheque on 3.08.2014 but in the Payee name they had written my name as RUBUL DAS-STATE BANK OF INDIA. Than on the same day I had presented my cheque to my banker(Corporation Bank) for clearing. But my Banker said that this cheque can't be cleared as the Payee name is different (since my name is Rubul Das and not RUBUL DAS- STATE BANK OF INDIA). Hence I asked SBI Credit Card division to issue me an another cheque citing reason as mis-match of name and they never did so, hence I have arranged loan from my pvt. sources and thus as my need for loan is over. I asked SBI Credit Card division to cancel the cheque as on 14.08.2014. In the month of October. I was shocked to see my credit card statement which which shows a debit balance of Rs.10000 and interest of Rs.1936 thereon. I have complaint this issue to their customer care executive and she told me that the issue will be resolve in 5 days, again which never happened. Than I receive my credit card statement for the month of Nov and December which again contains interest charges of Rs. 1936 and other penal charges for non-payment of dues. Again I complaint this and nothing happened in this matter and shockingly one of their executive showed at my doorstep and asked for payment.
Now members I want to ask you is it valid to charge interest without actual credit of amount and charging interest merely on the basis of issuance of cheque(which is never cleared). Even if it is valid(which is hardly justifiable) still the question remains same that due to bank's mistake in name why should the borrower feel the heat of interest when he have not utilize the amount...forgot utilize.... the loan amount never gets credited in borrower's a/c and it is all due to failure on the part of Bank.
Further I want to know which Act is applicable on this issue. I mean to say that is their any act or clause which describe the point of time when interest is charged on outstanding loan or amount??? And if possible please quote related case laws.
Further I want to raise this matter with banking ombudsman. So please tell me that- Are these type of issues are within the jurisdiction of banking ombudsman??? If not where should I contest this issue apart from consumer forum???
Sir my query is that i wanna pursue law with my C.A ....Is it a good option??
which date to be considered for the purpose of due date calculation under ESI, PF & PT. i.e. whether the cheque deposit date to be considered or seal date on the acknowledgement of esi, pf & pt to be considered.?!
Please assist me with sufficient explanation.
Thank You in anticipation.
acc to section 160 rule 13 company have to give 7 days notice to its member for the candidatuer of the person for directorship.
But if company want to call agm at shorter notice of 2 days.then is it possible for the company to publish notice of candidature before the notice of agm.
Right now we have conducted audit of partnership firm, we notice that partnership deed is build up on Rs 18000 stamp paper. but as per our knowledge in Bombay Partnership Act
In Gujarat it is as per Bombay Stamp Act,
So far Capital contribution upto Rs. 50000 it is Rs. 500 increasing thereafter by Rs. 500 each for every increase in capital by Rs. 50,000. Maximum stamp Rs. 5000 in Gujarat.
SO, WHY PEOPLE CREATE A PARTNERSHIP DEED ON MORE THAN RS 5000/-?
WHAT IS REASON BEHIND THAT ?
1)How much share capital/net owned fund is required to commence NBFC as per the new co. act?
2)Whether any exemptions/privileges will be received if we form a private/public company?
3)Procedure to incorporate a company as per the new act.
4)Procedure forms and documents required for registration procedure with RBI.
We have filed 4 form to Roc i.e..20B.23B.23ACA.23AC...now as per new companies act which form we have to file and how they will file. Which form we have to file for appointment of auditor.
Answer nowrespected expert plz. help me out by telling
that
if one person have 2 din no. and two pan no. with same name but different spell
and same as like father name
same but different spell
and change in d.o.b
and sign also
so, is this crime
or not
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