Case:
A man phones a jeweller in Bandra and says
," Could you tell me the most expensive ring in your shop". The jeweller says" Yes , there is platinum ring with ruby and diamond. It costs Rs 7 lakh.May i know, who is speaking?"

The man replies," It's abhishek bacchan(suppose). I will be sending Ramu Kaka with a cheque in your shop's favor within an hour.OK" The jeweller is very happy and beleives the caller.

Within 20 minutes, a man arrives and gives him the cheque and goes away with the ring.It is 12pm. At 3 pm, when the jeweller sends the cheque to the bank, he finds that he has been duped.
At 1pm,the man(cheat) goes to another dealer(Mr X) and pledges the ring for Rs 10,000. He takes the money and goes away.

Question:
a) Can the jeweller get back his ring from the dealer Mr X?If yes, in what way...

b) If he can't recover the ring from Mr X; does he have a right to sue the cheat who told himself to be abhisek and recover Rs 7 lac from him. Can he send him to jail?

Dear sir, i want to know that - if a company gets 3 months extention for holding its AGM, does it mean extention to file its anual accounts also? or it has to file a/c in time limit. KINDLY GUIDE ME IN DETAIL. thanking you.

How to disclose in Financial statment Loan taken form Directors in Private Limited Company?
Whether any Diclaration is to be taken form Director?

Can I know the procedure to be followed for transferring shares without consideration for a pvt. ltd. & public ltd. company?? (If shares are gifted)

Dear All,

X company had taken loan from financial institution for Rs.200 Crore. X company had not given any security from its assets.

Instead of X, Holding Company of X had given the X Ltd shares as security by way of pledge.

Can X Ltd show the loan in its financials as Secured Loan? Or else is it required to be shown as Un Secured Loan.

Requesting all of you to please clarify at the earliest

Regards,

Hari Krishna Desu

WHAT RATE CAN APPLY ON PRINTER FOR DEPRECIATION AS PER COMPANIES ACT.1956 AND AS PER INCOME TAX ACT.1961
PLEASE REPLY ME.

Hi,
I am an entrepreneur looking to start my own company.

I would like to know the advantages and disadvantages of starting a sole proprietership, a partnership or a private limited company.

Has the Limited Liability partnership act been passed in India? What are teh advantages and disadvantages of this?

What is the income tax structure related to each of the above structures?

As per Provision of CARO Auditor has to comment on the end use of the money raised by public issue. During the year Company has not raised fund through public issue however Company raised fund through Qualified Institutional Placements. Whether fund raised through QIP would be covered under this clause

According to companies act1956,Wheather a company can take loan from a body corporate?

please guide me as to the authority required to pass a resolution to purchase property for the comany.is a general meeting approval essential?? and under which section