dreadsoc

Hi - thank you.

Just to outline my circs in brief ;
I purchased a flat in Goa. I went to a lawyer prior to purchase, and was told to either reside for 182 days or to open a company. I checked Indian law which backed up these options as legal. I then went for the company option. I went along with everything the lawyer told me I needed to do, and paid him. The last step to register the company was to submit documents to the State Bank of India to obtain an RBI certificate.I paid him several thousand rupees as the fee for submitting these docs to RBI.
I have chased him up for this certificate for several years now, to be repeatedly told that it takes a long time. He expressly told me that until I had that cert, my company was not registered and I need take no actions in respect of annual accounts etc, something I asked him about several times.
I have now been served default notices, and told I will be fined any amount up to 50k because no submission was made for the RBI certificate. Basically despite accepting money from me to submit these items, he failed to do so, yet has continually lied to me saying he submitted them!
I have also been charged exhorbitant fees to get accounts submitted post haste to avoid further fines, and been told it will cost me another exhorbitant sum to close the company.
Just goes to show that even the lawyers lie and cheat ! How strange that he recently found the documents he should have submitted were still at his office - yet he still denies responsibility !aaaaaaaaaaaaaah

Veritas1

Hi, If it helps you really do need to engage the services of a properly qualified
Chartered Accountant who is professionally qualified to prepare accounts, annual returns, and will have a better working knowledge of RBI procedures, Company Regulations etc. Strictly speaking, it isnt a field of speciality for advocates and some of the better ones will advise you of this.

Also, if you have paid for work which has not been done, you could consider
writing to confirm your displeasure; I guess that the professions in India will,
like here, have procedures to cope with these situations but importantly for
you it is sensible to have some written evidence that you have tried to comply with the law - that I would have thought should be taken into account in circumstances where it is necessary for you to appeal a fine.

Good luck

k800mer

Does anyone know if qualified Accountants in India have to belong to a controlling/regulating body as in the UK? To do my CIMA exams I had to be a member. If people have complaints about a member then they should be able to complain to the regulating body.

Return of Santan

Hi k800mer

These are the main bodies that I am aware of, suggest to those whose use the services of a C/Acc make sure the practice belongs to them

Institute of Charted Accountants of India (ICAI),

Accounting Standards Board (ASB)

K-C

dreadsoc

Thanks for the advice - I have an accountant on board who is sorting out the mess. I will look into your advice re writing a letter of displeasure for services paid for yet not received.

Dellon

This is what we are up against!

http://timesofindia.indiatimes.com/n...ow/5065321.cms

Dellon

Can anybody give me a telephone number or an email address for the Mumbai Directorate of Enforcement, urgently please?

vradulla

http://finmin.nic.in/the_ministry/de...te/mumbai.html

ENFORCEMENT DIRECTORATE

MITTAL CHAMBERS, IIND FLOOR,

NARIMAN POINT, MUMBAI- 400 021


STD CIDE: 022 TELEX: 011 86100

TELEGRAPH:ENFERA FAX:91-22-2828930

SH. R.K. PANDEY DEPUTY DIRECTOR 91-22-28824802

SH. P.K. BHARTI ASSISTANT DIRECTOR 91-22-2886181

SH. V.K. AGGARWAL ASSISTANT DIRECTOR 91-22-2024659

SH. S.M. SONUNE ASSISTANT DIRECTOR 91-22-2886183

SH. B.D. BORKAR ASSISTANT DIRECTOR 91-22-2880182



ENFORCEMENT DIRECTORATE

JANAMABHOOMI CHAMBERS, IST FLOOR,

W.H. MARG, MUMBAI - 400 001


STD CODE; 022

FAX 91-22-2631541


SH. P.K. AJWANI, SPECIAL DIRECTOR
91-22-2614011

emsirrah

http://www.directorateofenforcement.gov.in/offices.html

scroll down - it is on there.


http://www.directorateofenforcement..../rtiact_1.html

another one

a_f_d

that's interesting - the site I have on file is THIS -
which please note has contacts for public grievances!


AndyD 8-)#

emsirrah

I am in Goa set to Indian google and that is what came up.
Let us see who is first to get a reply from " public grievances "

emsirrah

Don't want a medal but a thank you would be nice when we take time to answer especially when it was in red and urgent.

Dellon

I did send a PM thanking you! Thanks to everybody that contributed, I did ring several times with no answer, I shall try again tomorrow!

ruskin

HI,

Does anyone know when the Counsel person is coming this month. Unfortunately I was away for the meeting at Tates but am very keen to go to the next one.

Thanks r

Goacrazy56

Hi ruskin as soon has I hear I will post it on BE,It is supposed to be this month.The other meeting was more about registration.As soon as my contact in Goa e-mails I will put it on here.The next meeting i have been told the British High consulate from Mumbai will be visiting to listen to issues with visas and property
GC