EASYOFFICE


Indravijaysinh

am investigating a case. The issue is whether a cheque is singed on a back date and given to the Comany's authorised signatory by obtaining his bak dated acknowledgement. Usually , the authroised signatories of a company dealing with Government offices give such back dated acknowledgement in regard .

My question is , In the instant case , a cheque bears a date of 10-01-2011 and it is actually received on 15-01-2011 by the Company 's authorised signatories by giving back dated acknowledgement of 10-01-2011 to the Government officer who is late in timely giving the refund in time and 10-01-2011 being the last date of the refund (Since three months expires form the date of export refund claim ).In such sitution, the cheque is prepared on 15-01-2011, however, the date 10-01-2011 is put on the cheque and it is singed and then it is handed over to the Company by way of requesitng the authorised signatory on 15-01-2011 to acknowlede the cheque on a back date i.e 10-01-2011.

In view of these , whether as per the comanies act (section 209 or others ) or the accouting standards, the receipt of the cheque is to be taken on books of account invariably on the date of receipt it self or say the receipt of cheque can be taken on books of accounts after say 15 or 30 days - I mean whether there is statutory provisons as to the receipt of cheque must be taken on books of account on the day on which it is received in the company or otherwise.

Thanking you

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Devendra Bhide
23 February 2011 at 19:30

Easy Exit Scheme - Urgent

Can a defunct company having immovable property in its B/S apply for EES, 2011?
The company absolutely doesn't carry any business for last 3 years.
Plz reply.

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Raj
21 February 2011 at 12:39

Company Salary structure change

Hi,
Am new to the forum and have a question, I was hoping, the experts could provide information for.

The company I work for has a salary structure with about 70% Basic + DA component. We are looking to restructure the salary component to 35-40% basic +DA ( which is more in tune with the market)

What effect does this have on statutory regulations like PF, gratuity etc and what steps do I need to take to update various govt bodies of thie change to ensure a smooth transition from the current salary structure to the proposed one?

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Anonymous
18 February 2011 at 16:12

winding up

How to wind up a pvt ltd company not doing business from past 1 year, without the appointment of a liquidator?

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Sherya
18 February 2011 at 13:27

Section 297 & 314 of the Companies Act

Hello.....Kindly anybody give me full details(Basic Idea) about the compliance of sec.297 & 314 of companies act,1956 in private limited company means how one can trace that the said sections are being complied or not? along with the relevant remedies in case of non-compliance of the same.

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vinay
17 February 2011 at 16:43

Ratifying of pre-incorporation contract

Dear all,

One of the promoter of the Company (public Limited), which is proposed to be incorporated had purchased a land for the Company, by executing the Contract on behalf of the Company.

But he has made the payment to the other party by getting loan from another Company.

The arrangement was in such a way that the Loan made by the promoter shall be repaid by the Company which is to be incorporated.

So, now can the Company can ratify the agreement after its incorporation and pay the loan that has been made by the promoter.

Kindly reply at the earliest.

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Pratik khilari
15 February 2011 at 10:30

EASY EXIT SCHEME 2011

Facts:

An hotel Registered as Partnership firm with 9 partners, further converted to a pvt ltd company (Part ix)with only 4 of its partners as directors.
Further 2 of the said 4 directors left the company giving undertaking on an 100 Rs. stamp paper "I do hereby resign as director from xx/xx/xxxx date"

Due to ignorance the company failed to file form 32 with ROC and the aforesaid director still stand to be as Directors with ROC records

The company is applying for EES and requires the director's consent but one of the two 'resigned directors' refused to singn the proceedings and give any co-operation..

Please help me out as I want to get rid of these stuff...


Thanks in advance

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Ankur Soni

Sir
Which industrial code to be filled if our main object is manufacture of isabgol?

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Pankaj Mittal

Dear All,

Please clarify following:

Existing Limited Company wants to takeover the running Partnership Firm and close sown the partnership firm.

In case of purchase whether stamp Duty will be applicable even though there are no fixed assets of Partnership Firm.

Is it possible that the main object of the company be changed to insert the take over object.

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Anonymous
09 February 2011 at 16:41

subscribers MOA/AOA

in case of company incorporation subscribers don't know English language than which procedure to be follow for submission of MOA/Aoa in form no 1?

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