Hi all,

Can a company(subsidiary of foreign co.) borrow money on one year advance against services provided to foreign clients.

is it allowed under FEMA and Income tax. what all rules and regulations, circulars??

Dear Expert,
Release of exchange exceeding US $ 10,000 or its equivalent in one calendar year, for one or more private visits to any country (except Nepal and Bhutan) require prior approval of RBI except where the payment is made from RFC Account.

Suppose I visited Foreign and incurred the exp more than US $ 10,000/-
My question is how could I get prior approval while I had already cross the limit.

Bcoz foreign currency easily available outside the airport by the agents and I can get as much as I want.

Thanking You,

Regards
Mantu

DEAR MEMBERS,
I HAVE A QUESTION THAT WHETHER THE PAYMENT OF BONUS ACT IS APPLICABLE TO ANY TRUST OR SOCIETY WHICH ARE ESTABLISHED UNDER THE PARTICULAR STATE ACT.

THANK YOU.

how to pass a resolution convening the director to receive a managerial remuneration

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Dear All,

Kindly update..


How many directors are appointed in case of company(Public Ltd. & Private Ltd.)

is there any provision regarding their retirement or any rotation ?

whats the charging fee for altering the name clause in the memorandum of association? as per the latest amendments

Respected experts,
I have a query in relation to the validity of non judicial stamp papers. How to identify whether stamp papers are duly registered or not? Are the unregistered stamp papers valid?
Further, i have came across a stamp paper on the back of which nothing is written. Just a stamp is affixed. Will it effect the validity of agreement?

if dairy farm business(only milk is sold to co-oprative society without making any by products), is going on agricultural land, is there any requirement to convert the agri. land into non-agri. land
why it is required to convert agricultural land into non-agricultural land. what are the steps taken into conversion.

what is legal terminology for the doing or not doing of something which the promisor desires to be done or not done?
(A) Desires
(B) Wishes
(C) Consideration
(D) Promise

plz tell me answer of this and why...?
plz do reply..