Dear experts,
If a person obtains 2 loans from a bank:
1) secured OD against a land and building
2) Housing loan
Both loans under different account numbers.
So if the person repays the housing loan and yet to repay the secured OD. The bank has not released the house documents as the secured OD is outstanding. Can the bank person initiate action against both the property? Or just the secured OD?

Dear Sir,
Kindly let me know the procedure to get refund from mca v3 filing of dpt3.

Thanks in advance.

Can the amount received from promotor( A Private limited Company) be considered as deposits? will it come under the definition of depositors?

Thanks in Advance.

Can anyone please tell me why irredeemable shares are not allowed to be issued by Indian companies?

Hi Friends,
Please advise on the following issue:
A pvt co incorporated in 2007 as per MGT 7 the shares if the compy trfd few times but the company has no share certicates with the holders or share trf forms and other records.
Now the share holders want the share certificates and also trf them to new new interested parties.
Can the company issue share certificates in current date under CA 2013 and is there any requirement of getting them stamped under the Stamps act.
Pls share your thoughts.

Thanks
PC Joshi

In the charge form, Bank is a charge holder and the mail id of bank's manager is being written in the form and then digital sign is used of another employee/manager in the said form, thus it is valid or not ??

I guess this will not impact in form filing??
what are your views??

what is DPT-3 , what is Due date to fill it, By whom this returns is filed. is mandatory to file it.

(1) WHETHER DPT 3 NEED TO BE FILE IF THEIR IS NO CHANGE IN ANY LOAN TRANSACTION DURING THE PERIOD (OPENING = CLOSING) ?

(2) SUPPOSE IF THEIR IS NO LOAN THEN ALSO DPT- 3 NEED TO FILE ?

As per Sec 186(2) (a)
No company shall directly or indirectly -
give any loan to any person or other body corporate;
exceeding sixty percent of its paid up share capital, free reserves and etc........................
As per Sec 186(11)(b)(ii)
"Nothing contained in this section except sub sec(1) shall apply
to any investment-
made in shares allotted in pursuant of clause (a) of sub-sec (1) of sec 62 or in shares allotted in pursuance of rights issues made by a body corporate."
Now My Query is -
The investing company intends to give further loan to other body corporate, then in computing the ceiling limits as per Sec 186(2) (a), whether all existing investments, if any, made in right shares as per Sec 186(11)(b)(ii), are to be included in the aggregate of the loans made by the company.

Question 1:
can CS in whole time employment give consultancy to any person and take consultancy fees ?
can CS raise invoice of consultancy fees ?

Question 2:
I had purchased one electrical plug from shopkeeper of ₹100 , when I asked for GST bill , he told me to give 18% GST on ₹100, it means products are coming without bill from manufacturer and also sold by shopkeeper without bill to customer ? why government is not able to stop this malpractice ?