Can you please clear out the differences between Act, Law, Rules, provision to rules, regulations?

Dear sir/madam,

we have received one notice from ESI dept states that "From Jan 14 to July 2014" for 7 employees you have not remitted ESI. Hence you are treated as defaulters. you have to pay with penalty Rs. 45,045/-.


My answer : on the above mentioned period our employees salary increased by Rs. 15,000/- hence i have not deducted ESI. whether its correct or not...

if its correct pls send me section as per ESI

First Partnership Deed maid on How much rs. Stamp Paper ..??

Dear sir/ Madam,

A person(being owner of flat) has given his flat bond papers as security for the amount taken by him. The value of Flat is triple of the amount received. This incident has taken place nearly 15 years ago. Till now Bond papers remained with the creditor's legal heirs(as he expired 3 years ago) & also owner of flat expired 5 years ago.Now is there any chance of recovering the propertyby legal heirs of flat owner?

Please suggest me in this regard.

Thanks in advance.

We want to buy a land from person.Such person received land under government scheme at free of cost ten years ago. Now she want to sell it as it is situated in city outskirts.So, we are in little whether any obligations arise in future from the government.Please suggest me in this regard.
Thanks in advance.

Hello All,

We have a sole proprietorship registered in state A and want to open a firm with the same name and same proprietor in state B.

So, I wanted to know the pros and cons of it and how will the stock get transferred and is it any useful at all. Or should I open another firm with same name and a different prop. may be?

Any help is appreciated. Thank you.

p.s. I couldn't find any resource regarding the rules and regulations for opening a branch of proprietorship firm on the internet.

i have a doubt that , can wife of a statutory auditor of a company can be a shareholder in the same company .

if yes ; how ?
if no ; what are the consequences that stat auditor has to face.

any action taken by ICAI , in subject to this maters.

plz reply , thanks in advance .

Whether the COO (Chief Operating Officer ) covered in the key managerial personnel definition under the related party under section 188 & sec 2(76)..??

i want to increase the salaries of director . do i need to fill MGT 14
OR ANY LEGAL REQUIREMENT

proviso of 123(1):
"Provided further that where, owing to inadequacy or absence of profits in any financial year, any company proposes to declare dividend out of the accumulated profits earned by it in previous years and transferred by the company to the reserves, such declaration of dividend shall not be made except in accordance with such rules as may be prescribed in this behalf"

Does here accumulated profits include opening credit balance of St. of Profit & Loss included or not?