As per section 4, gratutity is payable to employees after 5 years of continuous employment. However this continuous period of 5 years is not applicable in case of termination of employment of employee due to death/disablement.
Section 4 (2) quotes the following "For every completed year of service or part thereof in excess of six months, the employer shall pay gratuity to an employee at the rate of fifteen days wages based on the rate of wages last drawn by the employee concerned"


Kindly suggest at what rate the gratuity, would be payable to an employee whose employment is terminated due to death and when the employee has not completed six months of service in the organisation?

Dear Experts,

Is PF applicable for temporary or seasonal labourers also?

Hi,
One of the party has not filed e forms of LLP i.e Form 8 (Statement of solvency),Form 11 (Annual Return),Form 3 and Form 4 for the year ended 31st March 2011.
Now, penalty charges are coming out as 8750 + 23950 + 28200 + 26900 = Rs.32700

Please guide me whether there is any provision for condonation of delay of return or any maximum limit of penalty or any authority who can reduce the penalty.

Thanks in advance

Respected Experts

Please detail me out the whole procedure to change the address of a partnership firm and a society and also the total expenses that would be incurred

Dear All

We have previously issued 50,000 shares to one of the directors of a private company. Now the director wants to transfer 15,000 shares to one person and 16,500 shares to another person.
Please explain the procedure to transfer the share and share certificates and issue of fresh certificates to all.

Thanks in anticipation.

Regards
Vishal Agarwal
CA-FINAL

Hi,

I am planning to buy my father's home thorugh home loan from nationalized Bank.

Is there any way to avoid buying property taxes (e.g. regisration tax and stamp duty)?

Is Power of Attorney work in this case?

Appreciate your valuable advise.

Thanks.

Hi,

My father is planning to sell his house and I am interested to buy that one.

Is it possible to get home loan on buying Father's home.

Appreciate your valuable advise.

Thanks.

1. One of my client want to add two new additional director, then what is whole procedure.

2. And he also want to change his registered office address.

3. and he also want to increase authorized and paid up capital.

so please advice me about whole process

1. "A/c payee" crossed cheque can be endorsed further or not????
1. "Not negotiable" crossed cheque can be endorsed further or not????

plz say me the important topics of company law