tamilarasibabu
27 February 2009 at 16:32
I need relevant news articles on reconstituting the company Board by the Govt /CLB if the said company Board is involved in mismangement/fraud/opperssion
tamilarasibabu
27 February 2009 at 16:28
In the satyam scam issue and even the earlier issue RBF NIDHI(Oppression and mismangement with the depositors stake) , the company law board reconstituted the Board with the Government appointed members.
I need the legal provisions in detail which empowers the company law board in reconstuting the board, with any supporting case laws, if any.
Heaven 2011
26 February 2009 at 11:03
Respected All,
In an Article of Association of a pvt. ltd Co. can there be any clause regarding the expulsion of its members. I think no Company should insert any such clause in the article except the forfieture and lien due to non payment of call money of the shares. The shares on being forfitted the name of the share holder will be deleted from the register of members. Am i right kindly advice.
Best Regards,
Asish
Balakrishna
26 February 2009 at 10:27
Dear Friends,
I have started a Partnership firm with a marketing person and have a Partnership Deed. I have invested around 3 lakhs towards rent advances, furniture & fixtures, telephones, Laptop, Printers and computers in November 2007.
Business did well with no profit no loss for the first year.
I have not drawn any money from the said firm, but paid my partner a regular remuneration.
Last Feb 2008 i had to leave to Middle east on a assignment for three months.
My parner had taken advantage of this and made good money in my absence and started collecting money in his name and cash, and was signing all documents as Proprietor.
After coming back i have asked him for the accounts, which he didnt give till date.
What is the action i can take to take the business details as well as recover my investment, laptop,telphone, printer and computers which are in my name.
Balakrishna
Chandan Garg
24 February 2009 at 15:38
Pls Tell whether revalidation of Bank Guarantee is Valid on Bank's Letter head or
it has to be again on the Stamp Papers.
viswanaathan A K
21 February 2009 at 18:18
Pl give the report on consumer protecton Act, That is a loss of Fire. The Building and plant and machinery was about 10 years. There is loss of underinsurance. Pl gve the details.
A.K.Viswanaathan
Heaven 2011
21 February 2009 at 12:29
In a license agreement entered with the licensee there is a clause "it is hereby clarified and agreed that the present demise is for a term of 3 yrs during which period either party can terminate this agreement by giving 1 months notice.After the expiry of such license period, this agreement may be renewed at the option of the Licensor on the same terms and conditions for further two periods of three years each..."
Respected gentelmen, my query is if this agreement is renewed can i incorporate new clause containing new terms and conditions or can i amend or delete this existing clause? Can i have any theory back up for the concerned issue from Indian Contract Act?
Kindly advise.
With best regards,
Asish
Heaven 2011
21 February 2009 at 12:29
In a license agreement entered with the licensee there is a clause "it is hereby clarified and agreed that the present demise is for a term of 3 yrs during which period either party can terminate this agreement by giving 1 months notice.After the expiry of such license period, this agreement may be renewed at the option of the Licensor on the same terms and conditions for further two periods of three years each..."
Respected gentelmen, my query is if this agreement is renewed can i incorporate new clause containing new terms and conditions or can i amend or delete this existing clause? Can i have any theory back up for the concerned issue from Indian Contract Act?
Kindly advise.
With best regards,
Asish
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SARFAESI Act,2002
whether all the accounts can be declared as NPA by the bank if one of the account has been declare as NPA earlier under the SARFAESI Act.