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Queries Participated

V.Satya venkatarao   09 June 2014 at 21:08

Company law. winding up

It is requested that experts may respond on the following issue
A company goes into liquidation. On disposal of the assets of the company in liquidation , the distribution of sale proceeds is done in accordance with the companies Act and the rules contained there under

Members are requested to comment on

1 how are the shareholders paid in the event of winding up
2 Will they be entitled to the face value of the shares on the date of winding up,or on any other basis
3 In the event of surplus remaining after the claims are paid in accordance with Act , where will such surplus be deposited

Kind attention is invited to Rule 283 of the company court rules

V Satya venkatarao

V.Satya venkatarao   13 October 2011 at 16:33

Issue of compulsorily convertibles debentures

Often we see Companies ( Both Public Ltd & Pvt Ltd) issuing Compulsorily convertibles debenture on private placement to the subscribers of such CCD. My particular query is whether there can be a put option /Call option on the company itself for redemption of such debentures or to put it differently , is a redemption of CCD possible under the companay Law

inder maurya   02 August 2011 at 01:57

RTI

hi , i am dr.inder maurya, an i own a proprietory firm , libra international services, its a govt. licensed firm, where we recruit people abraod, i would like to know , can someone file an right to information act against me?

how can i prevent , if someone is misusing rti against me?

What r my options then?

thanks a toon!!!!!!!!!!!

V.Satya venkatarao   30 July 2011 at 12:23

SEBI Takeover code

Pl clarify as to whether a disclosure under Regulation 7 of the take over code is required to be made by a bank or Financial Instiution when it acquires shares through invocation of the pledged shares. I am of the view that such a disclosure is not necessary as the banks & fi's are exempted from such disclosure

vsv.rao

V.Satya venkatarao   12 June 2010 at 11:27

Buy back of shares by promoters as against buy back by a co

I would like to know whether a buy back of shares by the promoters of a company is legally enforceable. To be precise for instance if the promoters of a company enetr into a contract with another shareholder( Investor) agreeing to buy back the shares at a certain point of time with a certain rate is it valid?

Similarly can the promoters of a company assure a particluar rate of dividend to its shareholders? Will not such a contract run contrary to the provisions of the company law and will it not be a derogation of the shareholders rights

P.C. Joshi   15 November 2009 at 06:50

Retirement age

Is there any law prevails in India governing the retirement age in private sector.A company has fixed retirement age of at 55yrs is it correct.

Views of the members are solicted.

Regards

P.c. Joshi

V.Satya venkatarao   30 July 2009 at 14:13

Service tax Government liability



Is the Govt of india liable to pay any service tax in respect of services availe by it or is there any exemption for the govt in this regard

vsv.rao

J C Gerorge   30 July 2009 at 07:35

Sarfaesi Act with Agriculture land

My mother have 90 cents property , it have pludged fro business purpose . This is a agriculture land. Due to default Bank is is auctioned that property to our neighbour.I want to know Whether the agriculture land applicable to Sarfaes Act ? If yes what are the options to prove that is agriculture land ? Any latest judgemnet regaeding this matter.

balakumar   01 July 2009 at 22:07

married dughter have any right on father's property

sir, my name is Mamatha, i am married and i have one brother and two sisters in these my younger sister is yet marry. my father earned nearly 10 house sites in my town but he register all in my mothers name two years ago my father died.now my brother and my mother want to sale all house sites, and do my younger sister's marriage and the remaing will keep by my brother. they said you have n't any right on this property.

sir, pl. tell me shall i file a case aganist them, if there is any posibility

Emmanuel Tagore   08 May 2009 at 18:20

Stamp Duty payment for Agreement

What would be the consequence to the parties if the parties to an agreement have their registered offices in seperate states and the stamp duty paid is in a third state? Would this make the agreement between the parties void?