Dear Sir,

Can anyone send me the draft resolution for surrender of share certificate which need to submit to the bank .

Plz help
What are the acts and procedures to be followed by a client in India while investing in a firm/company located at thailand (investing in a foreign business)..??
Thanks in advance for the reply.

What is the difference between member and shareholder of a company?

Hi,      Our father passed away last month. My Brother and I are the legal heirs. My brother was the nominee in all my fathers Bank accounts and he has already received  in his account.  I wish to relinquish my claim on this money that my Brother has received as nominee. Do I simply give it in writing to my Brother or do I have create a gift deed on Stamp paper. Does the same need to be registered also ?   Thanks, Shanti

Dear Members,

I have a query regarding Purchase and Sale of a Residential Property and would be very grateful if you all could put some light on to it.

Ours is a family business and my father is buying a home worth 4.5 Cr in which we would take a loan of 3 Cr from the bank.
At the same time we would sell the house in which we are living at a rough price of 1.5 Cr within a period of 1 year after purchasing the new home.

This amount of 1.5 Cr we would want to use in our business after a span of 1 year but as per our CA this 1.5 Cr would be applicable for Capital Gain.

My question is that when we are already buying a residential property and taking a loan of 3 Cr and selling a our exiting house within a span of 1 year then why will Capital Gain be applied to the 1.5 Cr what we will get after selling our existing home. Pls suggest

what is the ceiling limit for a company to borrow loans from a bank

Sir
I registered a partnership in Kerala.I am intending to start a branch in Karnataka.For gst purpose i want to make a supplimentary deed mentioning the branch details.Whether i can prepare the supplimentary deed in Rs 1000 stamp paper or Rs 5000 stamp paper.

Thanks in advance

Dear Experts, Please help in fixing this issue:- A Private Limited Company wants to change its name and it has done the following :- 1. Has passed the Board Resolution for change of name of Company 2. Duly Convened the Extraordinary General Meeting of the Members and passed SR and it was resolved in EGM to alter the name clause in MOA and Alteration in AOA and necessary alterations in all matters, deeds, things etc to give effect of changed name accordingly.
The ROC official has raised the following remark for the e form:-
Alter MOA/AOA should be duly attested by director of the Company, declaration stating that the deposit not accept,
AR/BS for the period from 2015 to 201 are not filed and Consent for Shorter Notices not furnished
Now please help in fixing this issue regarding satisfying the requirement of ROC for submission of Certified Copy of MOA and AOA. Please reply urgently in this matter.

The Bonus rule for set on and set off of allocable surplus states as under:

Where for any accounting year the allocable surplus exceeds the amount of maximum bonus payable to the employees in the establishment under section 11, then, the excess shall, subject to a limit of 20% of the total salary or wages of the employee employed in the establishment in that accounting year, be carried forward for being set on in the succeeding accounting year and so on up to and inclusive of the fourth accounting year to be utilized for the purpose of payment of bonus in the manner illustrated in the fourth schedule.
Our confusion is as under:

There is set on of Rs. 50,000/- in the accounting year 2014-15. This amount of set on should be carried forward in 2015-16, 2016-17, 2017-18 and 2018-19 and nullified in 2019-20 or should be carried forward in 2015-16, 2016-17, 2017-18 and nullified in the year 2018-19 ?
The confusion has arisen by the words “being set on in the succeeding accounting year and so on up to and inclusive of the fourth accounting year “. For the accounting year 2014-15, the first succeeding accounting year is 2015-16, 2nd year is 2016-17, 3rd year is 2017-18 and 4th year is 2018-19. Therefore the set on should be carried on up to 2018-19 and should be nullified in accounting year 2019-20.
However, if the 1st year is to be taken as accounting year 2014-15 itself, then 4th year is 2017-18 and therefore the amount of set on should be nullified in 2018-19.

We request the club member to help me in the matter.

res sir,

kindly tell me gst on entertainment expenses is allowed in law.
i am working in manufacturing / trading unit both

thanks & regards