Bharat Kapoor

I'd like to know whether can a nominee director (nominated by Government) be appointed through circular resolution in a private company? If yes, please provide the format of the same.


jacob

I want to know about the tds rate on the recruitment and supply of manpower agency for which they raise a seperate invoice for the recruitment charges and seperate invoice for their manpower salary. Please let me know if there is any case law for this


Megha Gupta
07 April 2009 at 08:56

fuether issue of preference share

hello everyone,

our co is a pvt. jointventure co. in which foreign stake is 51% and indian stake is 49%. our authorised capital is 14 crore including 8 lakh pref shares of Rs. 100 each. and issued & paid up pref shares are 460333 shares of Rs. 100 each.

now our co wants to increase its issued pref shares for meeting bank related requirement of Rs. 1.5 crore.

now pls tell what compliances i should follow for issuing further pref sahres and to what extent i should issue pref shares? how should i calculate the no of shares that should be issued?

and also tell all applicable forms and amount of stamp duty applicable in Mumbi for the same.

pls reply ASAP, its urgent.


jignesh
07 April 2009 at 01:04

wat is qustion of law

what is the meaning of question of law and memorandum of appeal can i get example or specimen from somewhere


abhay vadera
07 April 2009 at 00:08

delete a/c of member in caclubindia

i am appologize that I am forgotten to open my a/c already. so I am deleteing my this a/c.
please kindly reply me


Shelly

I understand the institute is trying to frame rules to streamline dummy articles.
What has astounded me is the stunted & inconsiderate decision taken on transfers. I say this on following accounts:

1) According to the ICAI rules Industrial training can only be taken in the last 12 months. By stressing on barring transfers in the last 12 months the institute has conflicted its own rule.The new rule is vague regarding industrial training.

2) By restricting Students to one principal the institute is trying to freeze out a persons basic human right of freedom.Even if i don't transfer right now the fact that i don't have a choice is very unfair and crippling.
There could be various reasons wherein i don't want to continue with a firm.
* Quality of work * Management, Seniors and work culture * Better opportunities elsewhere. * Exploitation by Principal * The Institute must understand that the rule will be a tool in the hands of the principal who are already overburdening the students.
3) The institute cannot overnight bring changes with such major implications. They must be sensitive and understand it is a students career in question here. Had these rules be dotted out right from the beginning students would weigh their decisions but imposing them in the middle of the curriculum is despotic abuse of authority.
4) The institute is vague in implementation of the rule. No time frame is mentioned and Nothing is mentioned about the transfers in process/ or about cases wherein students have already put in their papers.

5) Also the institute only formulates rules restricting behavior of students. Late night shifts and working more than the hours prescribed is not unusual. The institute should come up with more stringent action against perpetrators.
At the cost of being loud in a public forum
i think that this rule is formulated with the interest of principals in question and gives them absolute power to further exploit, the already overburdened students.
In my opinion the rule regarding transfers is ridiculous and the student community must raise a voice against this and make sure that this unmerited law is not imposed on us.
In this regard i want to know from our experts what course of action can be taken by us ..
Appeal ? Redressal , Court case to ensure that such behavior is not doled out to us.


Gaurav Aggarwal
06 April 2009 at 23:03

Necessity of forming an NBFC

My question is:

"What mandates a body (individual/partnership firm/company) to form an NBFC??"

Should an arranger of loans such that he brings together a borrower and desirous lenders together and gets the deal done required by law to get registered as an NBFC or is there any other regulation governing it??

For example, a borrower intends to borrow Rs.50,000 and reading this borrower's profile in a brochure carried by an arranger(intermediary) there are 10 people ready to lend 5000 each? In arranging this deal is the intermediary mandated to be registered as an NBFC with RBI or as a money lender with the State or anythign else??

A related question ..

Am I as an individual required by law to be registered in any form if I intend to lend some money to a friend or for that matter any individual I m comfortable with?? I do not want to carry it on as business. The intention is to help the other individual and supplement the income that I earn from my occupation. If I get a promissory note signed, would that be enfoceable at law in the event of the borrower not paying back the borrowed money??


JUZER
06 April 2009 at 22:59

CA AUDIT EXAMS

whether SAPs are applicable for CA June final 2009 exams or AA-S


Inderpal Singh
06 April 2009 at 22:49

PF Amount to be Withdrawn. But How ?

06.April.2009
Hi.

This is INDERPAL SINGH.

Actually, My uncle had been working in a company at Gurgaon from 1996. No appointment Letter was provided there till the date.

In their Company PF facility was started on 10,March 2005.


On 4.April.2009 through someone here and there in a company employer got the information that my uncle is stealing company's stock.

He(Uncle) has caught by the employer with company's stock as on 04.April.2009 and now employer has discharged him and saying there is no final-payment. No amount will be provided to you.

Uncle said that, He wasn't know about the stock. How it was with him.

I know my uncle. He cannot do the act like this in their life.

Now please guide me is there any way by that my uncle could withdrawn their PF Amount?

Bcoz company is not providing their PF Amount.

I am looking forward to your response.
Please Help.

INDERPAL SINGH
+91-9871333610

mr.inderpalsingh@gmail.com
inderpalsingh5@yahoo.com


deepak K Gujrati
06 April 2009 at 22:12

Insurance on purchase of Car

At the time of purchase of Car, Normally Registration and Road Tax is paid. Insurance is also paid.
Whether this Registration charges and also Insurance [ to make this car ready to use] should be capitalized.






CCI Pro
Meet our CAclubindia PRO Members

Follow us



Answer Query