Gaurav Aggarwal
18 May 2009 at 13:46
Hi,
RBI came out with a press release on April 08, 1999 inwhich it said that in order to identify identify a particular company as a non-banking financial company (NBFC), it will consider both, the assets and the income pattern as evidenced from the last
audited balance sheet of the company to decide its principal business. The
company will be treated as an NBFC if its financial assets are more than 50
per cent of its total assets (netted off by intangible assets) and income from
financial assets should be more than 50 per cent of the gross income. Both
these tests are required to be satisfied as the determinant factor for principal
business of a company.
Now my question is whether both these two tests (Assets and Income )should hold true for a company to qualify as NBFC or either one of them??
Secondly, does any fee income earned as a brokerage for arranging a loans qualify as "income from financial assets"??
Thirdly, does the fee income charged from an asset holder (lender) for servicing his loan (administering the repayments and helping in recovery) qualify as "income from financial assets"??
rgds..
Jeetendra joshi
18 May 2009 at 11:23
for how many years is it safe to allow a particular tenant to reside in a property?
i m about to renew my L&L agreement for another 11 months now, as the first agreeement for 11 months is due to expire.
* i am wanting to know how many times can i renew the L&L with the same tenant?
* is there any risk to renew the L&L more than 2 times if the tenant is ready for an increase of 10% in license fee after every agreement.?
Shreya
18 May 2009 at 11:15
The house I stay is in the name of My husband, my self & my Mother in law. My husband has one brother & one sister. Kindly let me know that in any unforesaid circumstances can my brother in law & sister in law claim right on the property.My husband runs a family business which is in the name of my mother in law.
What is the procedure my taking my mother in laws name from my Residential house.
Thanks In Advance.
Payal C
18 May 2009 at 10:55
hello, i am an indian and married an indian guy in 2005 and then we both went to canada on work visa. as my husband had been assaulting and abusing me. i had to run away and come to India. I filed complain in canada before coming and i wanted to know what can i do here?
can i file domestic violence or harrasment or any other charge in india?i have heard that becauase incident happened in canada i cannot do anything in india. is it true?
if i file complain in india, how will it work because my husband is in canada and he will probably not come to india. what things can i do?
Venkatesh
18 May 2009 at 09:33
I wish to Enroll for Law. Can anyone pls tell me the subjects for 1st year LLB in Jitendra Chouhan Law college, Mumbai
SRIPRAKASH BHATTACHARYA
17 May 2009 at 23:37
17.05.2009
BEING A LARGE CO-OPERATIVE HOUSING SOCIETY AS THE PRINCIPLE EMPLOYER, IS IT MANDATORY AS PER VARIOUS ACTS AND LAWS, TO ENSURE THAT ITS SERVICE PROVIDERS LIKE SECURUTY AGENCY AND OTHERS DO PAY THE MINIMUM WAGES, DEDUCT PF AND CONTRIBUTE TOWARDS ESI ETC? PLEASE GUIDE ON THIS.
Sriprakash Bhattacharya
9836310615(M)
gcchs.lakegardens@gmail.com + bhattacharyasriprakash@gmail.com
pooja
17 May 2009 at 18:34
hello everyone,
could anyone suggest me book for Public Interest Litigation
thnx
Satish
17 May 2009 at 18:32
Husband died leaving two wives. Husband was in service at the time of death and nomination was in favour of second wife in official records. Whether the succession would be granted in favour of first or second wife? What is legal position.
Pls suggest.
Satish
17 May 2009 at 18:25
Do anyone pls provide me the citation and if possible the Full Judgment passed by SCI in Chaturbhuj case.
Thanks in advance.
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