I WANT TO RAISE MONEY FROM FOREIGN COUNTRY FOR VARIOUS PURPOSES OF MY COMPANY. IF I GO THROUGH FEMA BY AUTOMATIC OR APPROVAL ROUTE OF RBI, I SUPPOSED TO USE MONEY ONLY FOR SPECIFIC PURPOSE i.e. FOR END USE. IS THERE ANY OTHER WAY THROUGH WHICH I CAN USE MONEY FOR VARIOUS PURPOSES.

THANKS IN ADVANCE

A private limited company engaged in settingup and running of resorts received Rs.40 lacs from foreign natioal on 1.1.2008. the company is not yet filed the return. the company wants to keep the money in share application money till 31.03.2011. Whether it is possible ?. what are the various formalities to be complied by the company regarding rbi and fema regulations. what are the forms to be filed. what are the steps to be taken to regularise it. As per the present guidelines shares to be issued within 180 days. whether it is applicable for amount received in jan 2008

What is the advantage of issuing a statement in lieu of Advertisement instead of advertisement for inviting deposits, when every thing is same except for the fact that in statement in lieu you can invit only particular persons the company prefers?

Please help me experts.

Do NBFC's have to maintain any ratio between the Main Business Income with it's total income?
i.e. for eg. the total income an NBFC is Rs. 100/- (Rs. 60 from it main business of lending loans & Rs. 40 from income from other sources like FD interest etc.)

So in the above eg. the Ratio of Main Business Income comes to 60%.

So my question is, whether NBFC's have to earn a certain % of income from Main business income & rest from other sources?
What is the ratio of it? If specified in the NBFC Act then in which section or notification or circular?

i have a company propritership regd.2008 but we not deposit the service tax .now what to do.

i have bought munish bhandari for final ca law..i wanted to know whether it serves as a reference book only..?and should i study frm d module...

Hi

If any expenses incurred by holding co abroad and they raised a debit note on india for this.

Is there any prior approval is required from RBI to book those expenses here?

Regards
Gurdeep

dear sir
we have member of our demise family member plz tell us that we have can claim amount from saving a/c of our demise member
but we no any any document
nominee oter person out of family member
who also have no any document. but nominee also agree with us(we know that peson signed as nominee in bank)
who have exact right over the amount which lying saving bank of our late member
plz tell us what we should do to claim the amount

dear sir
i m nominee of saving account of my late friend
can i claim that amount, i have no execute any document
further famly of my expire friend also agree
bank has refused to pay the amount to me from savig amountg a/c of my expire friend
can i claim the amount and how claim the amount
who can claim that amount meas family member can claim?????????
bank says me show affidavit . but i have no

One of the direcotrs of the company wants to resign from directorship, only he has digital signature certificate, there is two directors in the company and one more will be appionted as a director.whether resigned can sign Form 32 for his resignation and appiontment of another