can you tell me a procedure as per companies act 1956 if balance in share application money remains open for more than 8years.

An indian resident company has an agreement with a non resident company ( a subsidiary of holding company of indian company ). The agreement is wrt rendering few services by the indian company for the project entered by the non resident company in India. The indian company doesnt have any link with project , it just renders services such as supply of human resources , taking care of payment of local suppliers etc., for the non resident company for free flow of transactions without any trouble. The indian company raises a debit note for the non resident for the expenses met and the same is reimbursed by the non resident company each month. In order to meet with the expenses , the non resident has given an advances in order to avoid undue burden on the indian company.
Given the facts, can you pls go through the same and let me know if there is any fema regulation on the refund of the advance received as the project has been completed and the expenses have been totally reimbursed by the non resident company. Does the transaction has to be viewed from any other prospect other than fema???

Kindly advise me in this regard.ASAP.

Thanks in advance.

I have filed Form 5 (Increase in authorised Capital) on 18th October, 2011. But form is invalid & not taken in record because of less stamp duty paid. The stamp duty payable is automatically calculate while filing the form & i have paid the same. The company has increased authorised capital from Rs. 4o lacs to Rs. 50 lacs so how much stamp duty i have to pay.whether i have to file new form 5 or have to pay only differential stamp duty.

I am pursuing CS Executive Program, please suggest me the best books for 400 marks law papers, I am doing self study.

Regards...
Saikat Dalui.

will companies bill replace the existing companies act completely or only some amendments would be there in it..and will the companies bill applicable for may 2012 IPCC exams.??

sir, if a person leaves an organisation where he maintained provident fund and thereafter joins another organisation where he also maintains provident fund with different account no., what will be the remedies for that person regarding first PF account?

please suggest more economical way.

in both the organisations same act applies.

Dear Sir/ Madam,
I have cleared my CA in Nov 2006 Exam. I want to know when can I apply for Fellowship? Following are the details of my professional Career.
Membership Date: 20 th January 2007
Job Prior to COP
Paid assistant at a mid sized CA Firm From 1.03.2007 to 5.01.2008.
Accounts Manger at LTD Co.from 01.12.2007 to 20.02.2008.
Accounts Manger at Insurance Comapany from 18.03.2008 to 15.09.2008.
Got the COP w.e.f 28.07.2008
My Firm Name approved from 17.09.2008
Since then I am in to continuous practice i.e. from 25.09.2008 to till date.
Please let me know what is the exact date on which, I will be eligible to become FCA.
Thanks in Advance

Whether Shop & Establishment Act is applicable on Hospital Industry?

One of the trust is registered in Maharashtra, they want to use the trust fund for construction of building and then they are going to donate this building.

Please let me know whether this is permissible and do we have to take permission of any authority?

I have my exam in may 2013. with the passing of new companies bill, how will it effect my syllabus? should i start preparing for it now or should i wait for the amendments?