This Query has 3 replies
Respected sir ,
I request for your help in filing a plaint in the matter with following facts. -
X, Y and his daughter Z respectively carried on business in partnership named X & Y Resorts and Hotels. They agreed to reconstitute the partnership with effect from 1stApril 2003. It was agreed that Ms Z upon attaining majority will retire from the partnership business and that she will be relieved off from all the liabilities of the Partnership. Ms. Z had attained majority in 1st February 2003.
However, there was a dispute going on between another firm Ms. R & K Caterers for recovering the amounts due from X & Y Resorts and Hotels. And the former firm had filed a suit against the latter on 1st February 2003 for recovery of amount due. Ms. Z was also made a party to the suit. Ms. Z being a minor was not involved in the decision making or any working of the firm as such.
However, when she came to know about the suit filed against her, she claimed that she cannot be party to the suit and that she is not liable to be made a party to the suit. X contended that she has enjoyed the profits of the firm and now she should also bear the liabilities, and moreover, the services that were consumed by the firm from Ms. R & K Caterers were used when she was still the partner of the firm.
Ms. Z has approached you for consultation on filing a suit against X & Y Resorts and Hotels.
I would be grateful if you could help me file a plaint for this matter on behalf of Ms. Z
This Query has 1 replies
can anybody tell me about the new amendment applicable for CA Final law paper to be held in May 2017 .... there is lot of ambiguity about this in my mind .... if anyone can help me with this ... I will be very thankful to that person ....
This Query has 5 replies
Hello
I am a Chartered Accountant and I have a sole proprietorship concern and I want to join a partnership concern.
Should I have to close my sole proprietorship concern to take the benefits of partnership concern ??
This Query has 2 replies
the words written in promissory note "I promise to pay myself" is invalid but when this promissory note is endorsed blank i.e. ( transferred by not signing in it ) then it becomes payable to the endorsee or his order ; if endorsed specially why? what is the reason behind?
This Query has 3 replies
Dear Sir,
The company want to change its registered office from one district to another but there is no change in ROC Jurisdiction.What are the procedures? whether the company needs to pass a special resolution for this and to file MGT 14?
This Query has 1 replies
I am in a conflict whether to take coaching for CA final law from Munish bhandari or from Amit popali. Please help me out.
This Query has 1 replies
Can a Public Trust in Mumbai have social functions for their members with highly subsidized dinner and apply for and get an Excise Dept permit to sell liquor to the members and their families on a cost plus basis.
Out of 1000 members of the Trust only about 75/80 members benefit from such functions held 3/4 times a year utilizing Trust funds (excuse being to build up comradie among members but in fact a way to garner the votes and support of voting members).
This Query has 3 replies
dear sir
for inter state sale which invoice made retail or tax invoice
This Query has 1 replies
whether PF and ESI are Applicable to CA articles?
This Query has 1 replies
1.APPLICABILITY OF EPF,ESI,PESION OTHER THAN GOVT, & GOVT RELATED ENTITIES.(CRITERIA)
2..WHAT INCLUDES IN SALARY FOR EPF,ESI,PENSION(APPLICABLE FOR 2015-16 AND 2016-17).WHAT IS LIMIT?
3.FILING OF RETURNS FOR EPF,ESI,AND PENSION
4.PENSION FUND IS CREATED FROM EPF CONTRIBUTION OF EMPLOYER.FOR THIS SEPARATION DO WE NEED TO FILE ANY RETURN.
5.DIFF B/W ESI AND EDLI?
6.PERCENTAGE OF CONTRIBUTIONS BY EMPLOYER,EMPLOYEE AND CG,ADMIN CHARGES FOR EPF,ESI,PENSION?
7.LIST OF ACTS RELATING TO EMPLOYEES
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