my clients planning to set school , as per central govt norms it has to be under PCT Public charitable trust . Amount to be invested is arounf 80 lacs . is there any way that around 60 lacs can be given by main trustee as loan to turst and loan will be paid along with bank rate interest to turstee out of profit from school activity .

Sec. 299 is it applicable in Private Co. as well as Public Co.

i want to know overall procedure of company formation or company registration so any body rectify or solve this problem ,and may you suggest company formation or partnership is good for any body

Is PF contribution is to be calculated on the basis of the basic wages only?.
Two employees are drawing salary from an employee as per the following terms:
A- Basic: 3000/- DA: 1500/-; HRA ;200/- Total 4700 : B- Basic - Rs.6000; Da 3000/- HRA 500/-. Please calculate the PF contribution to be deducted from their salary. Please clrify

Thanks in advance

Hello Experts
Happy New Year
I am sanjay. I want to know one point, I want to sell the inheritant property.There are four claimants and there is no will. What will be the procedure for sale of that property? Whether I need the sucession certificate in case of sale? It is humbly requested to advise and send the propforma of sucession certificate.
thanks and regards
sanjay
thanks

Hello Sir

One of my clients has loaned Small Scale Undertaking which is a private ltd co..
Now Company wants to convert the loan to shares

Can you tell me what will be the impact of this transactions ?

According to me,at the time of liquidation,chances are that my client can loose all the money

Being a minority shareholder he might not have any say in the managment

What are the questions that i should ask and what are the conditions that my client should put to safeguard his interest from Companies point of view

Hope my query is solved

Regards
Alka

Que.A and B orally to carry on a partnership buisness at will &commence business also.After one year A requests B to execute a formal partnership in writing which refuses.Can A get specific performance in this case?

SECTION

Is it necessary that the person having DIN, must be the director of the company??

Actualy one of my client is having DIN but when i look for the directors name of that company on the MCA site, he was not shown as a director.....

Please state, if any concern do not have any manufacturing unit, but numbers of their employee cross the limit of 20 people, than wat ESI act applicable on that or not, also if they have the different branch in whole of India, than I the ESI deduction made & how the employee gets the benefits of ESI ? Thanks in advance.