Respected experts..
Ours is a private trust(non deposit taking) engaged in microfinance activity at chennai.At present we are lending to individuals under lower income group to improve their business, house and personal purpose.We planned to buy gold and sell it to the clients through loan schemes.Is there any legal formalities to be followed to execute this loan?Is there any limit to fix the interest rate for gold purhcase loans?

clients hypothecate their movable assets against the loan they are receiving from the lender. In case of default, what is the procedure to be followed by the lender(company)to collect the OD using that hypothecation given by the client?

Can anyone tell me detailed procedure about relinqushment deed? How much value of stamp papers it required? Plz provide me its format if anybody having it and how it can be got registered?

Sir,
We pays rent of Rs. 22000/ Month. Office owner is not agreeing to deduct the TDS from rent. What is the effect on us, if we are not deducting the TDS from him. What is the rate of TDS on rent?. Do we need to deduct any other taxes like service tax?

Hi,

I run a recruitment firm , which is into providing manpower services to technology firms.

I wanted to know if I am covered under the following act , as one of my clients has asked to me confirm and submit my category :

"Category of Enterprise for the purpose of the Micro, Small and Medium Enterprises Development Act, 2006"

Kindly let me know URGENTLY !!

Regards,
Ruchi

Sir,

Is there a provision in the company law that a director can resign any time if he wants.
If the directors have resigned and the board has taken 3 months time to appoint any new director what will happen. IS there any time frame to appoint a new director

Can an existing director resign without appointing new director

Dear All,

What is the medhod to calculate the Pension?

What is the limit to calculate pension is it 8.33% or Rs. 417 only?

what is the difference b/w endorsement in blank & bearer instrument?

Hi! cud anyone please tell me whats the maximum amount(ceiling) of gratuity payable to an employee? Is there a ceiling of 3.5 lacs?

what is deemed public company?