kumar
18 May 2010 at 10:19
Dear sir,
i have many doubts in gift deed.
1. if in gift deed , donor mentioned that, you taken care of me nicely so i am gifting my property to you.
whether it is conditional gift?
2.in current situation there is some problem between donoe and donee, whether it can be revoke or cancel by donor by saying that u not taken care of me [ but in gift deed donor mentioned that,you taken care of me nicely so i am gifting my property to you] .
3. in above cases , donor discussed with lawer and lawer also said that we can able to cancel the gift deed and make a new gift deed in register office itself.
How it is possible?
Goodboy.50
17 May 2010 at 20:50
Opinion of learned experts of forum is needed. It has been experienced by a number of firearm license applicants, especially in states of Uttar Pradesh and Uttaranchal that the licensing authorities are verbally asking to purchase National Savings Certificates worth Rs 50,000 per firearm endorsement on license. Apart from NSC, they also ask for amount towards red cross etc. If one does not comply, then practically it becomes next to impossible to obtain firearm license, since licensing authorities have practically unlimited discretionary powers under Arms Act 1959 to deny, delay or cause various kinds of hardships. It appears they are exploiting the need of self defense of people and kind of blackmailing and forcing them to comply. In my opinion, at least they are trying to circumvent Indian Arms Act 1959
CHAPTER III - PROVISIONS RELATING TO LICENCES,
14. Refusal of licences
(2) The licensing authority shall not refuse to grant any licence to any person merely on the ground that such person does not own or possess sufficient property.
Are they trying to cleverly bypass this clause by asking to deposit money(movable property) after the grant of license? What is practical solution to this problem, since nowhere their "demand" is in writing?
Please read the following to get complete picture of the problem as experienced by people at the following: http://www.indiansforguns.com/viewtopic.php?f=4&t=9669&start=0 and http://indiansforguns.com/viewtopic.php?f=4&t=9434&start=0
rocky
17 May 2010 at 19:31
IS FORM XVII APPLICABLE FOR SALE OF CHEMICALS IN LEATHER BUSINESS
sanjiv batra
17 May 2010 at 17:04
REGARDING TDS ON WORKS CONTRACT U/S 194C WEF 01/10/2009, THE EXPRESSION “WORK” SHALL ALSO INCLUDE MANUFACTURING OR SUPPLYING A PRODUCT ACCORDING TO THE REQUIREMENT OR SPECIFICATION OF A CUSTOMER BY USING MATERIAL PURCHASED FROM SUCH CUSTOMER. HOWEVER IT WILL NOT INCLUDE MANUFACTURING & SUPPLYING A PRODUCT ACCORDING TO THE REQUIREMENT OR SPECIFICATION OF A CUSTOMER BY USING MATERIAL PURCHASED FROM A PERSON, OTHER THAN SUCH CUSTOMER.
WHAT WOULD BE SITUATION, IF MANUFACTURING & SUPPLYING A PRODUCT IS DONE ACCORDING TO THE REQUIREMENT OR SPECIFICATION OF A CUSTOMER BOTH BY USING MATERIAL PURCHASED FROM SUCH CUSTOMER AS WELL AS MATERIAL PURCHASED FROM A PERSON OTHER THAN SUCH CUSTOMER.
THANKS
SKB
Anonymous
17 May 2010 at 16:48
If the director of a company opens a rival company in the name of his relative or family member is he liable for civil action?
Anonymous
17 May 2010 at 13:18
Hello eveyone,
I wanted to know if a foreign company has a wholly owned subsidiary in india and it wants to take a loan overseas from a foreign bank, can in such a situation in lieu of the loan there be a charge created on assets of wholly owned subsidiary in india. Is such an arrangement possible and under what provisions? IF yes, whether FEMA Regulations would be attracted in such a situation? Can a Esoppel Letter be issued by the WOS in India to the Foreign Bank??
gopinath.K
17 May 2010 at 01:15
received the reply to above subject in addition to which further clarification is being sought.
Pl. clarify thatthe was taken from some poor family on the third day of born and head of the family those did not have child since married gave record in his company purely central Govt as his daughter and provided the facilities of govt till his retiredment.presently the man says that she is not my daughter and the house she is living with her husband and chindren is being given to the boy related to his wife side and the is having father and property and maternal uncles.
legally valid and purely now orphaned should be given up.
Anonymous
16 May 2010 at 16:42
This is regarding a Private limited company that has taken a fixed deposit in the name of the director and also has taken a loan in the name of the company against the same fixed deposit
1)Can a company enter into such transaction? If yes than what are the disclosure required as a statutory auditor of that company under companies act and also under CARO?
2)If No than how should the transaction be recorded in the books of accounts of the company, should it be shown as a loan to director, if yes than how should the loan from the bank be recorded?
Anonymous
15 May 2010 at 12:52
I would like to know which provision of factories act cannot be set aside during emergency period?
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FORM XVII
IM A CHEMICAL DEALER.IAM SELLING CHEMICALS WHICH ARE APPLIED FOR PROCESSING OF SEMI FINISHED LEATHER INTO FINISHED LEATHER.IAM SELLING THESE CHEMICALS AGAINST FORM XVII.
BUT NOW I HAVE RECEIVED A NOTICE FROM CTO SAYS THAT THE CHEMICAL SHOULD NOT BE SOLD AGAINST FORM XVII FOR PROCESSING OF SEMI FINISHED LEATHER INTO FINISHED LEATHER SINCE THERE IS NO MANUFACTURING ACTIVITY INVOLVED AND NO NEW COMMERCIAL COMMODITY IS EMERGED.
SO CAN I KNEW THAT IT IS A MANUFACTURING ACTIVITY OR NOT? CAN THE CHEMICALS BE SOLD AGAINST FORM XVII?