A company sells goods to SEZ Unit. Law says sell to SEZ unit is export of the supplier under SEZ act, Excise act and in Custom act.

But will that would be MERCHANT EXPORT of supplier company or would it be Actual Export of supplier.

I am confuse between Merchant Export and Export.

Please provide me the legal definition, if any, of Merchant export and export.

Many thanks for investing your valuable time to my query.

if anyone have sebi guidelines brief notes applicable for ca(old course) nov 10 kindly send on my email id hiteshmakkar6@gmail.com
h_makkar@yahoo.com

thanx

AS PER PROVISIONS OF SECTION 255 OF THE COMPANIES ACT, 1956 THE TOTAL NUMBER OF ROTATIONAL DIRECTORS SHALL BE 2/3RD OF TOTAL STRENGTH OF DIRECTORS. REMAINING 1/3RD OF THE TOTAL STRENGTH OF DIRECTORS CAN BE NON ROTATIONAL DIRECTORS.

NOW THE QUERRY IS:
IF THE TOTAL STRENTH OF THE COMPANY IS 5 DIRECTORS, THE MINIMUM NO. OF ROTATIONAL DIRECTORS SHALL BE 3 DIRECTORS OR 4 DIRECTORS.?

P.S.
THE PROVISIONS CONTAINED IN SECTION 256 PROVIDES THAT 1/3RD OF THE NO. OF ROTATIONAL DIRECTORS SHALL RETIRE AT EACH AGM. IT ALSO PARTICULARLY SPECIFIES THAT IF THE NUMBER IS NOT IN MULTIPLE OF 3 THAN HOW IT SHOULD BE COMPUTED. THERE IS NO SIMILAR METHOD SPECIFIED IN SECTION 255.

suppose a additional director of a public company appointed in a board meeting died .now my question is that how vacancy will be filed.who will appoint new director.

Thanks

Hi...

Can Anyone tell me that
which laws are applicable on the IT Company engage in BPO.
along with Corporate Laws.



Thnxs in Advance

1)I have readed a book under which it has mentioned that parternship deed is registered in the court of law where as partnership agreement is not registered is it right or wrong pls direct me.

2)I have readed a book under which it has mentioned the damage(S)award by the court in way of punishment is vindictive damages. So what do u mean by vindictive damages pls explain me with the help of a suitable example(S)(S).

3) What do u mean by compounding of offence with the help of example(S)? & Where a court premission required to compound a offence as per Crpc, IPC, CPC.?

Pls Answer the abovementioned queries with the examples if possible .

Thanking u all experts in advance.

What should be the rate of ESI deduction from contractor's payment if material component is not segregated from labour (service is rendered in client's premises)?
In general rate of ESI deduction is 6.5% but on what ratio should it be apportioned?

please differentiate between corporation and company

I NEED MOA & AOA OF AN EDUCATIONAL TOUR OPERATING COMPANY.
CAN ANYBODY HELP ME WITH IT?
PLEASE REVERT SOON.

REGARDS

BHINI AGRAWAL

1.What is the main difference between a trust and a society
2. Is Every Trust a society
3. Taxation rules (under Income Tax ) for both Trust & society