pls clarify that whether the amount mentioned in agreement as initial issued, called up , subscribed & paid up capital has to be actually paid in full before getting the certificate of incorporation?
what are the provisions for this in companies act, 1956, whether part amount of it can be taken?

Please clarify me with regards to share capital, ie. in the agreement it is mentioned that the initial issued, subscribed and paid up capital will be Rs 20 crores, but in Memorandum & Articles of Association it is subscribed only Rs. 15 Crores,
then my question is that how much amount is to be paid by the memebrs of the company?
whether if only Rs, 15 crores be paid now then will it be in contradiction to the companies act, 1956.

situation:
Mr.A defaults repayment of housing loan taken for purchase of a site and construction. The nationalised bank calls for an auction in its premises and sells the site to Mr.X in the auction. Mr.X has paid full consideration for the site but the bank has not yet registered the site in the name of Mr.X even after 22 months from the date of auction. When Mr.X verified the property documents which were with the bank which the bank did not give before the auction the bank did not have all the documents required for registration of the property in his X name. so Mr. X insisted the bank to induct the indemnity clause into the certificate of sale and to provide all the necessary documents required for registration but the bank is just deny Mr.x that they cannot give any documents nor they will induct the indemnity clause. When Mr.X verified a copy of the sale deed of Mr.A which Mr.X received from the bank , Mr.X came to know that the bank officials have released the loan to Mr.A even for construction when there is no construction at all and they are fearing that if they induct any indemnity clause they may be in trouble for any future problems that may araise in the future.

What measures can Mr.X take to get the site registered in his name?

Several requests to various officials of the bank have failed to get any response from the bank.(at the regional levels & h.o.level)

Sir, kindly provide me a format of 7/12 extract and mutation in english format urgently.
thanks

I WOULD LIKE TO ENTER A PARTNERSHIP FIRM. THIS IS SERVICE ORIENTED FIRM SO NOT NECESSARY CAPITAL IN FIRM.
WHAT AMOUNT I BOUGHT STAMP PAPER AGREEMENT. (RS. 100 OR RS.300)

SARAVANAN AK

What is the procedure for tranfering PF a/c from 1 employer to another.

For eg. A worked in a company later he started his own proprietary concern. He registers it under the PF Act. Can he transfer his a/c from the company he worked & bring it under his own.

Is there any time frame for this.

Is it possible that PF can be contributed in 1 month when salary is paid & not contributed in another month assuming that the employee gets salary in the month in which he works.

For eg say in April "A" an employer has an employee "B". B gets salary (& contribution to PF) in april as the employers has work. However A does not have any work in May. As such he does not pay any salary to B in may. Can he avoid paying salary (& contribution to PF) to B in may. B agrees to this.

Can a sole proprietory concern register itself under PF & Gratuity Act.

Is there any extension in maternity leaves

Dear Experts,
Greetings.

Can your goodself reply for the query
1) an organisation have more than 20 employees out of which less than 20 employees say 15 have gross remuneration upto 6500/- and others have remuneration more than 6500/-

PF Act apply or not?

Regards