I am running an industry in sole proprietorship, with the help of my cousin.He offered me rupees twenty lakhs to purchase new machinery. We would like to make a business deed which defines the profit sharing, his capital investment etc for a period of five years. Is it possible to do so & if yes how can we write it & what should we do to register the deed ?
Please reply experts...

Thanks & Regards

Can NRI become a partner in an indian partneship firm? Is there any regulations to be followed before such constitution of the firm?

I have Signed Bills (Tax Invoices) by the buyer. But Buyer now not giving payment. Is it necessary to have Work Order form buyer? Can I appeal without buyer's Work Order and advance paid receipt ?
Please Guide

Dear Expert,
Recently I going to be purchased a house property whichever given to the owner in Gift. The Gift deed is duly registered but contain condition of nontransferable of aforesaid house property. When I consulted from my home branch manger for home loan, he said he didn't gives loan on gifted property, because of condition of non transfer-ability. please help ?

Hi,

How many minimum members required for residential housing society registration in M.P.(Rahwasi sangh)??
and Copy of By laws required for the same.

A private limited company though it is not required to appoint CFO, has appointed CFO.
Is required to file forms with ROC?
If filing is not necessary, Is he required to sign financials?
If filing is not necessary, If he can sign financials, then it may show error in prescrutiny by saying that the said person is not associated with the company as per MCA records.

Kindly suggest on the above queries.

I Want a clarification for section 185 as amended on 7th May 2018 as per Companies Amendment Act,2017

Regarding loan to a private company in which Director is interested section 185(2)

Whether We can pass a general resolution for that section or we need to pass SR for every transaction falling under this
Suppose I have 5 pvt companies in which I may give loan this year up to 1 cr. Then can i pass a general resolution or I need to pass SR for every transaction I do with these companies. Please guide

Dear sirs,

Trial Court, Bangalore passed order in 31/08/2008 dividing Agricultural Land property to 1/6th share equally. In this order all 5 members name were mentioned and my father Sri. ANJINAPPA share was not alloted and judgement says that "HE HAS NOT SOUGHT ANY Share in the property
i. e. wrongly represented in deposition or affidavit"

FURTHET till date trial court order was not challenged in High court by ANJINAPPA, bcoz his elder brother mis-guided him.

On 15/11/2017 all SIX Brothers Unitedly entered into compromise agreement and divided equally 1/6th share in the property. Accordingly FDP order was passed in Trial court, Bangalore.
Accordingly FDP order registered and revenue Dept documents updated in individual names such as katha etc..

AS ON 01/06/2018,
excluding my father Anjinappa all other brothers have entered into SALE AGREEMENT with new BUYER and forcing us to enter for SALE. Which we are not interested.

All brothers are now torturing & black mailing us to sell the property , saying that

1) COMPROMISE AGREEMENT DATED 15/11/2017 SHALL BE CANCELED BY ALL BROTHERS AND FRESH OR RE-AMENDMENT TO COMPROMISE AGREEMENT WILL BE MADE BY EXCLUDING / CANCELING Sri. ANJINAPPA SHARE, BCOZ earlier share was not alloted by trial court order 31/08/2008 to Sri. ANJINAPPA.

Query???
1) is it possible now to cancel or delete my father ANJINAPPA share given as per compromise /FDP order dated 15/11/2017, is there any provision in law?

PLEASE HELP US

With anticipation awaiting for reply / call back
Regards
Anand. N. A
9035075754

Example:

A partnership firm have 3 partners. A, B and C .Now B and C are desiring to resign from Partnership. At the same time x and Y is willing to join in this partnership. Have any problem for the resignation of partners at a time? More over, have any issue, its a 3rd month of new financial year, not a starting month?

Is there minimum limit to deduct ESIC??
Example: Employee having salary of Rs. 3056 is there liability to deduct esic?