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Queries Participated

Anonymous   03 February 2010 at 19:02

llb

my brother has done bbl from university of Jammu and kashmir which is also called academic BBL . Now offcourse he cannot practice with this . Is there any way like he can join a regular course for third year and get a LLB degree .

ashish   16 January 2010 at 10:32

executive director working with company wheather traeted WTD

dear all thanx to all of for your taking part in this knowlegable discussion.

I would like to know that if a director working with a company as an executive director that means he is working as an employee of the company and if he is working as an employee of the company and also a director is it means that he is WTD and we have to comply all the requirements of section 198, 268, 269, 309 and schedule XIII wheather the paid up capital of company is less than 5 crores?

please suggest.

RAVI ARORA   16 January 2010 at 10:10

issue of preference shares

we are a listed co. listed in nse and bse . wish to issue non convertible preference shares (redeemable) at a premium . to my understanding even if a company is listed but if shares to be issued as preference shares (non convertible) and is not propsd to be listed the pricing of shares can be done through cci guidelines .

all friends and experts are invited to give their comments .

Prashant Kothari   15 January 2010 at 09:07

MY CIBIL REPORT

Dear Sir,

working as Job Consultant having good banking track record but unfortunately when i started business in 2004 taken one loan from SBBJ bank or due to financial crisis was not able to repay 50,000/- Rs but as my business grows recently before 1 Yr cleared all amount in my loan,But this bank manager is not giving me no dues certificate or NOC.

Please give me suggestion that how i can take action against this bank manager or how i can get my NOC letter.

RGDS
Prshant Kothari

RAVI ARORA   26 December 2009 at 16:05

issue of share certificates agst. royalty amoount

we will be making a JV co. with a foreign partner . Indian co. will have a stake of about 80% .It has been decided that the foreign co. will not pay cash for its part of investment in the JVCo. and they will contribute through licensing of IPR rights . Now while issuing shares to them , there will be valuation issue . We shall be filing form 2 with ROC (allotment of shares without consideration in cash ). Apart of the valuation issue is there any other issue of FDI involved in this transaction .Can I solve the issue of valuation by License agreement and make the issue of shares at par .regards
ravi arora

Member (Account Deleted)   23 December 2009 at 16:33

Corporate Laws - Mention of date in Share Certificate

ABC Private Limited was incorporated on 03.08.09.

Equity Subscription amount was collected from one subscriber on 05.10.09 and another subscriber on 11.11.09.

Now, what date should I mention in the Share Certificate to be issued for the subscribers to MOA.

I shall await experts' views with relevant rules / provisions.

(I need to have clarity, as I have been refused to put the date of incorporation in the SC for subscribers to MOA).

Anonymous   23 December 2009 at 15:00

PLACE OF ARBITRATION AND APPLICABLE LAW

WHENEVER U DRAFT ANY AGREEMENT , WE COME ACROSS PROBLEMS LIKE PARTIES BELONGING TO FOREIGN COUNTERIES TEND TO KEEP THE APPLICABLE LAW AS APPLICABLE IN THEIR COUNTRY OR KEEP THE PLACE OF ARBITRATION IN THEIR COUNTRY . HOW TO COUNTER THIS. ALSO,WHILE DRAFTING NDA/CA THEY GENERALLY KEEP DAMAGES OR EQUITABLE RELIEF INCLUDING MONETARY RELIEF. HOW SHOULD WE COUNTER THIS.


REGARS
RAVI ARORA