I have given a sum of Rs. 2,50,000/- on 01.02.2013 to my friend to run his small business (already started a year back) as credit. I took two PD cheques from him for Rs.1,50,000/- & Rs. 1,00,000/- dtd 30.04.2013 with an agreement between us (signed & thumb impressed by me & him) saying that the amount to be return to me by him within cheque date. If he fails to do the same i could deposit those PDC. He didn't paid me back within cut off date. Later I came to know he is misusing approx 95% of the profit of that business, so, it is under loss. If he goes to sell that business also it doesn't value more than a lakh, but it is in running condition means have sufficient orders. Meantime I have followed up for my money till first week of July 13 and i didn't get any positive reply from him, so I deposited those Chqs on 10.07.2013 in my account. They got bounced & reached me by 16.07.2013 with bank memos saying that Insufficient funds. After that also I tried to contact him by phone & phisical, but no response. Now I want to send a legal notice. Is it OK if I send legal notice after 30.07.2013 (chqs valid date) or Should i have to send within that ? what are the tactics ? what law says ? Please help me brothers.....

Dear All,

My query is whether a company can apply for any project/tender before issuance of Certificate of Incorporation but after name approval. At the time of applying, Certificate of Incorporation was not given.

Waiting for prompt reply.

Can Pvt Ltd Company Get loan in Rupees from NRI Director's NRO Account?

If yes, what formalities needs to be checked?

Whether retrospective amendment of Articles of association is possible?

I am Cs(executive) student and now i am waiting for my second module result.
Now in these free days is there any option to do any thing related to study other than cs and
in the field of law what is the best option to choose.
I am also B.com final year student.

Can a person other than director subscribe first shares of company,,,?? Eg- can an investor subscribe for same,,,??

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Kindly Suggest me which Book I refer.

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Please provide me answer of this question.