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I WANT TO KNOW THAT CAN A COMPANY BE A PROPRITOR OF A FIRM
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plz let me know about the stamp paper on which partnership deed is executed.
advice about its registration
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as per the latest circular we are required to file 23b till 4th august 2012. But if a company is incorporated 4 yrs ago, do we have to file 23b only for 2011-12 or with respect to all the years since the year of incorporation of the company??
please do reply
thanks in advance.....
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Please help me to understand Interpretation of Statutes. Its very difficult to understand the Language. I study it from Munish Bhandari Sir Book and this is the only chapter which creates problem. Please help.
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can any one tell me that additional director appointed under section 260 can be retired under section 256?
i mean can an additional director is subject to retire by rotation?
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first director is retiring director or not? whether under section 257 he has to file his own nomination or bord compulsorily proposes his reappointment
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What is the liability of a guranter of a loan
example : i am a guranter in a personal loan taken from nationalized bank by my friend now his a/c is going NPA than i recd a notice from a advocate of bank in that the giving me a time of 10 days for repayment of loan other wise they file a suit against me and borrower
than i want to know that how much my liability is create when the borrower is alive and in approach of bank
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please provide me a resolution for the applicability of section 293 (1) (a)
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Respected Sir,
company have perpetual succession so its never ends without legal dissolution
but i want to know that in act any provision or circumstance when company automatically ends. Suppose company not filling returns from 20 yrs. or more.
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Company has audited balance sheet as under;
1) 31-3-2011 (12 month)
2) 31-3-2012 (12 month)
3) 30-9-2012 (6 month)
Question : Can 6 months audited balance sheet be considered to determine networth in terms of Clause B.1(1) of Master Circular on Direct Investment by Residents in Joint Venture (JV) /
Wholly Owned Subsidiary (WOS) Abroad (RBI issued on July 02, 2012). For your ready reference, i produce relevant para as under
Section B - Direct Investment Outside India
B.1 Automatic Route
(1) In terms of Regulation 6 of the Notification, an Indian party has been permitted to make investment in overseas Joint Ventures (JV) / Wholly Owned Subsidiaries (WOS), not exceeding 400 per cent of the net worth2 as on the date of last audited balance sheet of the Indian party, i.e. a company incorporated in India or a body created under an Act of Parliament or a partnership firm registered under the Indian Partnership Act, 1932, making investment in a JV/WOS abroad and includes any other entity in India excluding individuals as may be notified by the Reserve Bank.
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Can company be a proprietor of a firm